Swapping

THORSwap is the main DEX on THORChain. On this app, users can swap native tokens on native blockchain to other blockchain. But first the swap between blockchain will go through $RUNE on THORChain. In this dashboard, we will take a look at number of swaps that happens on THORSwap and unique number of address that has done swap transaction for the past 38 days (since THORChain went back online)

From graph above, we can see that the swaps transactions count daily peaks only few days ago on 21st and 22nd October. This is when all network supported by THORChain as of now are working again. The highest number of unique address swapping in one day is on September 27th.

Now we take a look at distribution of assets swapped from. Most of the days, most assets swapped is native $RUNE. This is because transaction between different blockchain will have to go through $RUNE. Second most is $BUSD on BNB. The same can also be said about swap to assets. In conclusion, THORChain will definitely become one of the most important protocol if multi-blockchain is the future.

For today (23rd October), there are 5901 total transactions. The pool swapped the most is also BNB.BUSD. Maximum transaction done by one address is 11 as per graph below.

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Swapping