Exchange record
THORChain
Cross-chain decentralized liquidity protocol and exchange network launched as multichain Chaosnet on 2021-04-13. THORChain remained active after two Ethereum-router exploits in July 2021, when trading was halted, liquidity providers were promised reimbursement, and the protocol introduced additional security controls before returning to operation.
Registry sequence
Key facts
URL handling
Summary
Cross-chain decentralized liquidity protocol and exchange network launched as multichain Chaosnet on 2021-04-13. THORChain remained active after two Ethereum-router exploits in July 2021, when trading was halted, liquidity providers were promised reimbursement, and the protocol introduced additional security controls before returning to operation.
Timeline
THORChain launched multichain Chaosnet on 2021-04-13 with a capped RUNE allocation, enabling native cross-chain liquidity and swaps across supported assets without wrapping them into one chain.
THORChain suffered two Ethereum-router exploits in July 2021. The incidents drained assets from the protocol, prompted trading halts and reimbursement commitments, and led to a security-hardening program before the network was progressively restored.