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The Remarkable Rise of THORChain: The Journey from RUNE’s Price Hike to Becoming the Second Biggest DEX

THORChain, a protocol for decentralized exchange, has recently risen to be the second biggest DEX, with its inherent cryptocurrency, RUNE, witnessing a significant hike. In the past week, THORChain’s trading volume has soared past $1.325 billion, outshining PancakeSwap and only lagging behind Uniswap. This swift expansion was unpredicted, even by Chad Barraford, THORChain’s main developer.

THORChain is often juxtaposed with Uniswap as a multichain equivalent, allowing users to carry out

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