Yield Generation in DeFi: Providing Innovative Products

**THORWallet** achieved neobank registration status on CoinGecko, joining the trending neobank sector. **Vultisig** launched its DeFi tab for managing TC positions directly within vaults, streamlining bonding and staking operations. **THORSwap** expanded by integrating Optimism, now supporting 20+ blockchains including Zcash and Dogecoin. **RUNEBondApp** increased bonding rewards to 30% APR for $RUNE holders, up from the previous 22% rate. **Maya Protocol** introduced shielded ZEC functionality and addressed a critical UTXO bug while experiencing surging Dash volume.

**THORChain's Q3 2025 performance exceeded expectations** with impressive cross-chain activity metrics. **Key Q3 Achievements:** - $4.5 billion in total trading volume - 1.8 million swaps executed - 87,000 unique addresses participated **Major Technical Updates:** - TRON blockchain integration completed - EdDSA cryptographic support added - Solana integration in development - Enshrined Oracle system deployed **Looking Forward:** The protocol launched a marketing fund to expand reach. The Q4 roadmap outlines continued cross-chain expansion and infrastructure improvements. THORChain's decentralized liquidity protocol continues powering swaps across Bitcoin, Ethereum, BNB Chain, and Cosmos ecosystems. [Read the full report](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 v3.11.0** 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)