THORSwap is a decentralized cross-chain crypto exchange built on the THORChain network. It enables users to swap assets directly across different blockchains without wrapping tokens or using centralized intermediaries — making it one of the few truly cross-chain DEXs.
🔑 Key Features of THORSwap:
- Native Cross-Chain Swaps: Swap BTC, ETH, LTC, BNB, DOGE, ATOM, AVAX, and others without needing wrapped versions.
- Non-Custodial: Users retain control of their private keys; no need to deposit funds into a centralized exchange.
- Powered by THORChain: Uses THORChain's cross-chain liquidity protocol to enable swaps between Layer 1 blockchains.
- Liquidity Provision: Users can provide liquidity to pools and earn yields in native assets.
- Wallet Support: Integrates with XDEFI, Ledger, MetaMask (via THORWallet DEX), and others.
- THOR Token (RUNE): The native token of THORChain, used for liquidity, governance, and security.
💡 How It Works:
- Liquidity pools exist for each supported asset paired with RUNE.
- When you swap Asset A for Asset B, it does:
- Asset A → RUNE
- RUNE → Asset B
- The process is seamless and handled by the THORChain protocol.
✅ Advantages:
- Avoids bridges (which are vulnerable to hacks).
- Real native assets, not wrapped ones.
- Decentralized and censorship-resistant.
Would you like a visual diagram of how a cross-chain swap works or a step-by-step guide to using THORSwap?
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