THORChain Launches Local Testnet for Developers

**THORChain's Q3 2025 performance exceeded expectations** with impressive cross-chain activity metrics. **Key Q3 Achievements:** - $4.5 billion in total swap volume - 1.8 million individual swaps processed - Nearly 90,000 unique wallet addresses participated **Major Technical Updates:** - TRON blockchain integration completed - EdDSA cryptographic support added - Solana integration coming soon - New Enshrined Oracle system deployed **Looking Forward:** THORChain established a dedicated marketing fund and released an updated Q4 roadmap focusing on expanding cross-chain capabilities. The decentralized liquidity protocol continues building infrastructure that powers major wallets and exchanges across Bitcoin, Ethereum, BNB Chain, and Cosmos ecosystems. [Read the full Q3 report and Q4 roadmap](https://blog.thorchain.org/thorchain-q3-2025-ecosystem-report-q4-roadmap)

**THORChain launches memoless transactions**, eliminating wallet compatibility barriers for cross-chain swaps. **How it works:** - Pre-register your swap to receive a short code - Send tokens normally from any wallet - THORChain reads the code from your transaction amount - Protocol automatically executes the swap **Key benefits:** - No special wallet requirements - No complex memo instructions needed - CEX-like user experience on a decentralized exchange - Zero user error potential Users can now swap native assets like ETH to BTC, XRP, and TRX without technical complications. The feature is available at [swap.thorchain.org](http://swap.thorchain.org). This update addresses a major friction point in DeFi by making cross-chain swaps accessible to users regardless of their wallet choice.

**THORChain v3.13.0** launches with major performance and safety improvements: **Key Upgrades:** - **82x faster Quote API** - Performance restored from 41ms to 0.5ms per call - **Scheduled Migrations** - Safer upgrades without consensus risk - **Intelligent Outbound Recovery** - Automatic reverse swaps and treasury fallback protect user funds - **Limit Order Quote API** - Dedicated endpoint for accurate limit order pricing **Enhanced Safety:** - Fixed slash logic preventing false penalties - Eliminated division-by-zero crashes in critical code paths - Improved UTXO handling for Bitcoin-style chains - Better WASM contract integration This stability-focused release strengthens THORChain's core systems with dozens of fixes across slash logic, UTXO handling, and node stability. Users get smoother swaps, integrators receive clearer APIs, and node operators benefit from a more robust protocol.

**THORChain v3.11.0** brings major trading improvements and a new marketing initiative. **Key Updates:** - **Rapid Swaps** now process multiple swap rounds per block for faster execution - **Limit Swaps** ready to launch with 3-day auto-expiry feature - **Marketing Fund** launches, allocating 5% of protocol revenue to marketing budget - **TRON USDT** whitelisted as step toward mainnet launch **Technical Improvements:** - Enhanced gas fee efficiency across all assets - Comprehensive monitoring for advanced swap queue - Oracle system stability fixes - EVM scanner updated for Prague upgrade compatibility The Reserve cap system redirects idle RUNE fees back into the network to offset marketing fund impact on yields.

THORChain's v3.5.0 update, scheduled for May 1st at 3PM UTC, brings significant protocol improvements: - **Bifrost Refactor**: New peer-to-peer system for validator observations, targeting 2-second block times - **Security Enhancement**: Improved outbound transaction timing logic - **TCY Token Launch**: 210 million tokens to be minted, going live May 5th - **DEX Aggregator Update**: Added support for 6 new Base tokens and UniswapV3 integration Note: Rujira Network launch postponed to v3.6.0 due to LP deposit accounting issue. [TCY Details](https://x.com/THORChain/status/1915816355418542433)