THORChain has a price of $ 2.04 with a marketcap of $ 612.71 M. It ranks number 75 of all cryptocurrencies.
THORChain describes itself as a decentralized liquidity network that allows users to exchange assets directly at manipulation-resistant market prices. Swaps are done through permission-free cross-chain liquidity pools that allow users to stake their assets to earn trading fees. Traders can track and earn pool prices by ensuring that there are fair market prices. Projects can use their treasury to give their tokens great liquidity.