YOU CAN NOW SWAP MONERO AND ZCASH WITHOUT A CENTRALIZED EXCHANGE 🚨👀🔒
THORChain launched version 3.20, introducing native cross-chain swaps for privacy coins Monero ($XMR) and Zcash ($ZEC) directly into native Bitcoin ($BTC), Ethereum ($ETH), and stablecoins without wrapped tokens.
What Is THORChain And Why People Use It 🌐
THORChain is an independent layer 1 blockchain built to swap real coins across different chains without a centralized company. It removes centralized exchange KYC requirements and bridge smart contract hack risks.
Swaps happen directly from self-custody wallets through $RUNE liquidity pools. When users swap BTC to ETH, the backend automatically swaps BTC to RUNE, then RUNE to ETH in one second.
How Hackers Used The Route 🕵️
Because THORChain is permissionless with no KYC or blacklist filters, exploiters (like the $450M FTX drain, $35M Atomic Wallet hack, and $1.5B Bybit theft) used it to clean stolen funds. Stolen ETH sent to THORChain vaults was swapped into clean, unlinked Bitcoin, breaking the on-chain trail.
Why Version 3.20 Strengthens Privacy 🔒
Adding native Monero ($XMR) and Zcash ($ZEC) makes transaction trails even harder to trace, hiding sender, receiver, and amount details by default. The update also brings Protocol-Owned Liquidity, zero-fee Stable Reserves, and restored trading for Solana, Base, and BNB.
have you ever used THORChain to swap coins? 👇
#THORChain #RUNE #Monero #Crypto #DeFi
THORChain launched version 3.20, introducing native cross-chain swaps for privacy coins Monero ($XMR) and Zcash ($ZEC) directly into native Bitcoin ($BTC), Ethereum ($ETH), and stablecoins without wrapped tokens.
What Is THORChain And Why People Use It 🌐
THORChain is an independent layer 1 blockchain built to swap real coins across different chains without a centralized company. It removes centralized exchange KYC requirements and bridge smart contract hack risks.
Swaps happen directly from self-custody wallets through $RUNE liquidity pools. When users swap BTC to ETH, the backend automatically swaps BTC to RUNE, then RUNE to ETH in one second.
How Hackers Used The Route 🕵️
Because THORChain is permissionless with no KYC or blacklist filters, exploiters (like the $450M FTX drain, $35M Atomic Wallet hack, and $1.5B Bybit theft) used it to clean stolen funds. Stolen ETH sent to THORChain vaults was swapped into clean, unlinked Bitcoin, breaking the on-chain trail.
Why Version 3.20 Strengthens Privacy 🔒
Adding native Monero ($XMR) and Zcash ($ZEC) makes transaction trails even harder to trace, hiding sender, receiver, and amount details by default. The update also brings Protocol-Owned Liquidity, zero-fee Stable Reserves, and restored trading for Solana, Base, and BNB.
have you ever used THORChain to swap coins? 👇
#THORChain #RUNE #Monero #Crypto #DeFi
