Understanding Yield and APRs in Thorchain
Understanding Yield and APRs in Thorchain
Yield and APRs on Thorchain frontends should be analyzed with scrutiny as they are backward-looking and influenced by price action. For Dual LPs, yield is determined by liquidity fees, impermanent loss, and synth liability. Savers only experience liquidity fees and have more predictable APRs. The time component and reference timeframe are important factors to consider. A tool is available to help visualize these calculations.
Yield (meaning APRs) as you see it on any frontend (THORSwap, THORWallet, Shapeshift, etc) must be looked at under a microscope with some scrutiny. APRs are backwards looking - they show that has happened, not what will happen - Some of which is dictated by price action, which
yield on the frontend is super buggy personal LP of rune-btc is only generating 18% apr
🧠 DCA Gets Smarter
**CALC Finance** launches **DCA+** on Rujira Network, upgrading traditional dollar-cost averaging into an adaptive investment strategy. **Key Features:** - Smart automation beyond basic DCA - Targets both retail investors and institutional treasuries - Built-in stress-free investing toolkit The platform transforms passive accumulation into a more intelligent approach, adapting to market conditions rather than following rigid schedules. **Target Users:** - Individual retail investors - Institutional treasury management - Anyone seeking automated investment strategies CALC Finance positions itself as the comprehensive solution for modern DCA strategies, moving beyond simple time-based purchases to smarter, responsive investing.
THORChain Q3 2025 Report Shows $4.5B Volume Across 1.8M Swaps
THORChain released its Q3 2025 ecosystem report showing strong growth metrics: **Key Performance Numbers:** - $4.5 billion in swap volume - 1.8 million total swaps - 87,000 unique addresses participated **Major Technical Updates:** - **TRON integration** now live - **EdDSA support** added with Solana coming soon - **Enshrined Oracle** implementation - Marketing fund established The report includes an updated Q4 roadmap with additional development priorities. This follows Q2's $10.4 billion volume performance, showing continued protocol adoption. [Read the full report and roadmap](https://blog.thorchain.org/thorchain-q3-2025-ecosystem-report-q4-roadmap/)
THORChain Reports Continued Growth in Native Cross-Chain Swaps
THORChain continues to demonstrate **real utility** in decentralized finance with ongoing native cross-chain swaps generating actual fees and usage. The protocol enables direct swaps between major cryptocurrencies including: - Bitcoin (BTC) - Ethereum (ETH) - Binance Coin (BNB) - Cosmos ecosystem tokens Unlike wrapped token solutions, THORChain facilitates **true native swaps** without requiring users to bridge or wrap their assets. This approach maintains the security properties of the original chains while enabling cross-chain liquidity. The platform has been operating for years, building a track record of **fully decentralized** Bitcoin swaps and cross-chain functionality. Real fees generated from actual trading activity demonstrate genuine adoption rather than speculative metrics. THORChain serves as infrastructure for major wallets and exchanges, providing the underlying liquidity protocol that powers cross-chain trading experiences for end users.
RUNE Tokenomics Evolution: From Block Rewards to TCY Era
**RUNE tokenomics have undergone significant transformation** through multiple phases: - **Block rewards era** → **THORFi** → **ADR12** → **Current TCY era** **TCY Performance Update:** - **174.7M TCY staked** (83% of total supply) across 2,350 wallets - **6.01% current yield** with 35.14K RUNE ($44K) distributed weekly - **29.8M TCY remains unclaimed** (14% of supply) **Nami Index Growth:** - **$yTCY reached $268K** in total value - **$yRUNE hit $283K** since launch weeks ago TCY emerged from Proposal 6, converting $210M THORFi debt into tokens on 1:1 basis. **Stakers receive 10% of THORChain system income** distributed directly in RUNE. While yields appear moderate compared to DeFi benchmarks, they represent **steady organic passive income**. Future growth expected from RUJIRA progress and increased THORChain revenue.
THORChain Launches Marketing Fund with 5% Protocol Revenue
**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.