THORChain's Q3 2024: New Developments and Strategic Shifts
- Mary-Kate OlsenOriginal
- 2024-10-08 15:10:151064browse
THORChain's Q3 2024 report highlights new integrations, a focus on risk management, and strategic shifts towards the App Layer, enhancing the ecosystem's resilience and innovation.
Highlights from THORChain's Q3 2024 report:
- New integrations include OKX via SwapKit, Zengo, and Li.Fi for Bitcoin swaps.
- Key developments feature RUNEPool, a dual liquidity primitive, and a network hard fork that upgrades the Cosmos SDK version.
- Performance metrics include a total USD volume of $8.17 billion, with the highest 24-hour volume reaching $284 million, and a 12% increase in total liquidity.
- Strategic shifts include pivoting towards the App Layer to de-risk the base protocol and upcoming integrations with the Base and Solana chains.
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