Your voice matters to us. Which speakers would you prefer to listen to during our next X Spaces broadcast? Please share your suggestions by mentioning names, tagging builders, or recommending founders. We are leaving the selection of guests in the hands of the community.⚡️
The continued expansion of THORChain relies heavily on successful distribution via third-party apps and wallets. Unfortunately, developers often face significant hurdles when attempting to integrate new chains or implement cross-chain mechanics, as these tasks are both technically difficult and resource-intensive.
👉 @SwapKitPowered resolves these issues by embedding native cross-chain swapping capabilities directly into platforms like OKX, Ledger, Trust Wallet, Bitget, and others. This functionality establishes it as a vital integration layer within the THORChain ecosystem.
⚡️ Effortlessly exchange Bitcoin for @Litecoin while enjoying zero KYC benefits. We utilize THORChain specifically because there is no KYC required, while LTC is preferred for its MWEB privacy features. To proceed, you merely send BTC to receive LTC. The process is incredibly uncomplicated!
Our live video broadcast will commence in 20 minutes. Tune in right here as we review the solutions the @BiorLabs App offers to both those new to the market and experienced crypto enthusiasts.
To date, THORChain affiliates have generated total earnings exceeding $46M, which amounts to approximately $29K every day across existing chains. With the upcoming launch of Solana, the landscape is set to evolve. SOL currently holds a TVL of $7.9B, placing it just behind Ethereum in the rankings. Beyond the financial metrics, the network is distinguished by having one of the most energetic communities and developer bases in the crypto industry. The observed volume confirms that actual usage and development are thriving. Consequently, the integration of Solana is expected to dramatically impact these affiliate figures.
Get ready for a live discussion with @BiorLabs this Saturday at 10am EST, which is 3PM UTC. Join hosts @KentonC137 and @patriotsounds along with CEO @Goatskey as they examine the App Launch, payment cards, Early Access, NFT utility, and much more. We will share the link to the video livestream just before the broadcast starts.
Please tune in Today for THORSday Live at 2PM EST / 7PM UTC. You are encouraged to enter the video stream the moment broadcasting begins. We welcome you to actively participate, speak up, and submit your questions or feedback. The link to join is available below.
We are witnessing significant accumulation activity today, highlighted by two major transactions converting USDC to BTC with values of $2 million and $1.9 million. Both trades were successfully executed using @Ledger, supported by the technology of @SwapKitPowered. This process allows for handling native Bitcoin while ensuring complete self-custody, all without the need for a centralized exchange or CEX. Other wallet providers have the opportunity to offer these same capabilities and generate affiliate fees by simply integrating THORChain.
Even amidst a slow market, the protocol successfully generated $1.1M in revenue. Additionally, the ecosystem achieved a major milestone as the number of cumulative wallets crossed 1M. To ensure continued stability, $53M remains bonded to secure the network.
Notably, streaming swaps facilitated a $30M BTC→ETH trade, marking the largest swap ever executed in DeFi history.
THORChain is functioning exactly as designed and is currently operating at an institutional scale.
Read the full January report below
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