THORSwap Launches Metro.exchange After 5 Years, Vultisig Crosses $100M in Swap Volume
THORSwap Launches Metro.exchange After 5 Years, Vultisig Crosses $100M in Swap Volume
🎂 5 Years Later
Major Milestones
- Vultisig surpassed $100M in total swap volume
- Symbiosis reached $8B in cumulative cross-chain volume, routing through THORChain
Key Launches
THORSwap celebrates 5 years by launching Metro.exchange - a next-gen DeFi app featuring native unified wallet, simplified UI, and user-first design. Open beta now live
RujiraNetwork hit $200k in total borrowed on RUJI Money Market, enabling KYC-free borrowing against BTC, ETH, DOGE, XRP and more. Also launched Custom Concentrated Liquidity on RUJI Trade
SwapKitPowered integrated Ballet Crypto, bringing fully decentralised cross-chain swaps to US users
leodexio released Rapid Swaps volume tracker at thorvolume.com/rapid
THORStackAPI shipped THORStack Elding as standalone binary for real-time THORChain event streaming in terminal
🗺️ ECOSYSTEM RECAP Here's what happened this week ⤵️ Milestones @vultisig crossed $100M in swap volume. @symbiosis_fi crossed $8B in cumulative cross-chain volume, with THORChain as one of its routing layers. Launches @THORSwap turns 5 this week and is launching
🗺️ECOSYSTEM RECAP Here's what happened last week: Headline News -@raynalytics published THORChain's Full Q1 2026 report. $2.8B in volume, 1.5M swaps, 78.5K unique wallets, $3.1M in fees. Quieter markets, but the protocol kept processing. -@RujiraNetwork announced
ECOSYSTEM RECAP 🌏 Here's what happened last week: Headline News @MessariCrypto launched a THORChain Spotlight Dashboard. Track liquidity, trading activity, token performance, and ecosystem growth in one place to better understand how the protocol is evolving. Launches
March was a quiet month but THORChain kept building and operating swaps. 🔹$801M volume 🔹 RapidSwap represent now 11.6% of volume share 🔹 SOL swaps are back live 🔹 And still 105 nodes securing the network From revenue to shifting yield dynamics, the full breakdown is worth
🗺️ECOSYSTEM RECAP Here's what happened last week: Milestone -THORChain’s frontend crossed $1B in cumulative swap volume, congrats to the @unstoppablebyhs team for building and maintaining it. Launches - @vultisig enabled the Rapid Swaps. Faster execution, same self-custody.
ECOSYSTEM RECAP 🌏 Solana swaps are back! Here's what happened last week: Headline News -@THORChain resumed Solana swaps with v3.16 Launches -@asgardex v1.42.1 shipped. Better wallet control for Bitcoin and other UTXO chains, $SOL swaps working again, and major performance
ECOSYSTEM RECAP 🌍 Volatility is noise. The ecosystem keeps building. Here's what happened last week ⤵️ Headline News @THORChain is hiring. Protocol Engineer, Senior and Junior. Work on THORNode in Go + Cosmos SDK, powering native cross-chain swaps across 10+ chains. Remote.
ECOSYSTEM RECAP 🌎 Here's what shipped last week ⤵️ Headline News -$SOL trading on THORChain was paused after an $8 double spend revealed a bug in the code. Liquidity was intentionally kept small at launch precisely to catch issues like this. Fix ships with v3.16 soon.
ECOSYSTEM RECAP 🌎 This week brought a lot of new things. Despite volatility, the ecosystem shipped hard and volume kept flowing. Builders don't pause for market noise. Here's what happened last week ⤵️ Headline News @vultisig Self custodial automation is finally here. The
ECOSYSTEM RECAP 🗺️ Here's what happened last week: Headline News -@Maya_Protocol announced Cardano integration is imminent. Stagenet testing for Cardano + v129 is live, full integration testing underway, mainnet release expected in the coming days. Starting with $ADA, liquidity
What used to feel like roadmap talk is now playing out in real time. THORChain is stepping into one of its most exciting phases yet. Monero ($XMR) is finally within reach. After years of complexity, it’s now targeting mainnet in the next 1-2 months. At the same time, Zcash
Monero Integration on THORChain Nears Completion
THORChain is approaching a major milestone with Monero ($XMR) integration, enabling **permissionless, native swaps** between Bitcoin and Monero without exchanges or identity verification. **Key Points:** - Anyone with $BTC will be able to access $XMR directly through THORChain - No centralized platform can block or control these swaps - All transactions remain transparent and traceable on-chain - The protocol guarantees unstoppable access to crypto's most censorship-resistant currency Monero represents THORChain's most technically complex integration to date. The protocol has been adapting its infrastructure specifically to support Monero's unique architecture. This development follows recent progress on other privacy-focused assets, with Zcash ($ZEC) targeting an end-of-April launch and Bittensor ($TAO) also in development.
Zcash Goes Live on THORChain, Trading Launches Soon
**Zcash integration is now active on THORChain**, marking the start of native ZEC swaps across the decentralized liquidity protocol. - Trading will begin in the coming weeks as nodes add support - Bifrost scanning is going live to enable cross-chain functionality - This follows THORChain's recent momentum with Monero targeting mainnet in 1-2 months The rollout is progressive, allowing the network to scale gradually as infrastructure comes online. This adds another privacy-focused asset to THORChain's growing list of natively supported chains.
Why Bridge Hacks Keep Happening and How Atomic Swaps Solve It
**Bridges don't actually move your assets** - they lock them in vaults and issue wrapped tokens as IOUs. When you bridge ETH to Solana, your real ETH sits locked while you receive a synthetic token representing a promise to unlock it later. **This architecture creates a critical vulnerability**: the system must maintain perfect synchronization between locked assets and minted synthetics. Major exploits include: - Wormhole: $320M lost - Ronin: $600M lost - Nomad: $190M lost **THORChain uses a different approach** with atomic swaps. When swapping ETH for SOL, your Ethereum enters a threshold-signature vault while native Solana from a separate vault goes to your address. No wrapped tokens exist. **Key differences**: - Bridge hack → your wrapped tokens become worthless - Atomic swap → transaction either completes or refunds, no synthetic tokens at risk **The tradeoff**: Native swaps are slower and more expensive than bridges, but eliminate the failure mode where users discover their wrapped tokens have no backing. With atomic swaps, you never hold someone else's promise.
THORChain Reports $4B Swap Volume in Q4, Plans Solana and ZCash Integration
THORChain released its Q4 2025 ecosystem report showing significant activity across its decentralized liquidity protocol. **Key Metrics:** - $4.02B in swap volume - 108,000 unique swappers - 1.22M total trades - $5.02M collected in swap fees - Beta launch of swap.thorchain.org **2026 Roadmap Highlights:** - Solana integration - ZCash support - Rapid Swaps feature The numbers represent a slight decrease from Q3's $4.5B volume and 1.8M swaps, though the platform maintained strong user engagement with over 100,000 active swappers. [Read the full report](https://blog.thorchain.org/thorchain-q4-2025-ecosystem-report-2026-roadmap/)