• Wed. Nov 20th, 2024

THORchain Volumes Surge On Success Of ‘Streaming Swaps’

Nov 17, 2023

THORchain, a decentralized network that enables swaps of native assets across blockchains, has processed over $1.7B of trades in the past week, making it the third most active DEX and putting it ahead of DeFi mainstay Curve.

Weekly DEX Volume chart

“THORChain's streaming swaps can offer the best price execution of any CEX or DEX in the market today. This innovation has propelled the DEX to become the third-largest DEX in the world by volume,” core developer Chad Barraford told The Defiant.

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[Source: TheDefiant]

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