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THORChain Price

RUNE · #204 by market cap

Live price · USD
$0.4320
-4.00%

-0.36% 1h +2.63% 7d +1.94% 30d -71.15% 1y

Price data via CoinGecko API, refreshed every 60 seconds. Historical chart data daily-refreshed. See our methodology. Data & methodology reviewed by Maya Lin, Markets Editor · last editorial review Aug 2026.

Market cap
$146.11M
Rank #204
24h volume
$18.91M
Traded last 24h
Dominance
0.01%
of total market
Fully diluted val
$151.45M
FDV at max supply
Vol / mcap
12.9%
Liquidity ratio
Circulating
338.21M RUNE
96% of max mined

THORChain — key takeaways

At-a-glance summary generated from live market data. Figures update each refresh cycle; not investment advice.

What’s moving THORChain

THORChain (RUNE) is trading at $0.4320, +2.63%% over the past week and +1.94%% over the month, as of Aug 9, 2026. Below is the latest reporting and analysis on THORChain from the DMC News desk.

→ THORChain price prediction: 2026, 2027, 2030 & 2035 scenarios
All THORChain news & analysis from our desk →

Technical snapshot

Derived from 31-day price history
Bull-Bear Score
53/100
Neutral
RSI · 14-day
54.7
Neutral
03070100
Moving Avg Signal
Volatility · 30d
40%
Moderate · annualised

Indicators are for informational purposes only and do not constitute investment advice. Past performance does not guarantee future results.

RUNE weekly price chart (1 year)

-65.2% 1Y
$0.2217$0.5638$0.9060$1.25$1.59AugSepOctNovDecJanFebMarAprMayJunJulAugVolume
52-week high
$1.52
52-week low
$0.2950
Candles
53 wk

Each candle is one week. The body spans the week's open and close (green when it closed higher, red when lower); the wick marks the weekly high and low. Data is real weekly OHLC from Binance (RUNE/USDT), with weekly USD volume below.

THORChain price prediction 2026–2035

Model-based

Our quantitative model projects THORChain (RUNE) price scenarios from its 72.3% annualised volatility and a downward -71% trailing 12-month trend, with expected returns decaying toward a long-run baseline as the asset matures. At today's price of $0.4320, the base case points to roughly $0.4179 by end of 2026 and $0.4503 by 2035 (a bull case near $0.9288, a bear case near $0.1441).

202620272028202920302035
YearBearBase BullBase ROI
2026 $0.3387 $0.4179 $0.5417 -3%
2027 $0.2512 $0.3897 $0.6063 -10%
2028 $0.2003 $0.3750 $0.6478 -13%
2029 $0.1647 $0.3696 $0.6898 -14%
2030 $0.1371 $0.3713 $0.7372 -14%
2035 $0.1441 $0.4503 $0.9288 +4%
Bear case

A prolonged risk-off market, weaker liquidity or coin-specific setbacks could press RUNE toward $0.1441 by 2035. Drawdowns of 50–80% are historically normal for crypto assets.

Base case

Steady adoption in line with the broader market puts RUNE near $0.4503 by 2035 — about +4% versus today.

Bull case

A strong cycle, accelerating demand or a structural catalyst could lift RUNE toward $0.9288 by 2035, which would require reclaiming and exceeding its prior all-time high.

How this forecast is calculated

The projection is generated algorithmically from THORChain's own price history — there is no human price target. We measure realised volatility from up to a year of the asset's own price history (daily where available, otherwise weekly) and anchor a base annual growth rate to recent momentum, then decay that rate toward a conservative long-run baseline (compounding compresses as an asset matures). Bear and bull bands widen with volatility scaled by the square root of the horizon, and the bear case is floored to remain realistic. Outputs are rounded scenario estimates, not guarantees.

Not financial advice. Cryptocurrency is highly volatile and these model-based scenarios can be wrong by a wide margin. Do your own research.

THORChain price returns & market statistics

THORChain (RUNE) trades at $0.4320, ranked #204 by market capitalisation. The tables below summarise its performance across timeframes and its core supply and valuation metrics.

Price performance
PeriodChange
1 hour-0.4%
24 hours-4.0%
7 days+2.6%
30 days+1.9%
1 year-71.1%
From all-time high-97.9%
From all-time low+4,974.8%
Market statistics
Market cap$146.11M #204
Fully diluted valuation$151.45M
24h trading volume$18.91M
Volume / market cap12.9%
Market dominance0.01%
Circulating supply338.21M RUNE 96%
Total supply354.11M RUNE
Max supply354.11M RUNE
All-time high$20.87 May 18, 2021
All-time low$0.0085126 Sep 27, 2019

Understanding THORChain

What is THORChain (RUNE)?

THORChain (RUNE) is an exchange token tied to a major trading platform, where it is typically used for fee discounts, product access and ecosystem incentives. Its demand is closely linked to the health, volume and regulatory standing of the exchange that issues it. As of August 2026, THORChain is the #204 cryptocurrency by market capitalisation, trading near $0.4320.

How does THORChain work?

The token is issued on a host blockchain and integrated into the exchange's products — paying reduced trading fees, unlocking launchpad allocations or earning rewards. Many issuers periodically buy back and burn tokens using exchange profits, reducing supply over time.

What drives the THORChain price?

THORChain's price reflects the balance of supply and demand. With a capped maximum supply of 354.11M RUNE (96% already circulating), scarcity is a structural part of the story — fresh demand has to compete for a limited float. On the demand side, the main forces are the broader crypto market cycle (assets tend to rise and fall together with Bitcoin and overall liquidity), real usage and adoption of the exchange, macro conditions such as interest rates and risk appetite, and project-specific catalysts like upgrades, listings, partnerships or regulation. At roughly 98% below its all-time high, a meaningful part of any bull case is simply recovering ground already proven possible.

Is THORChain a good investment in 2026?

There is no one-size-fits-all answer. THORChain offers exposure to a specific corner of the crypto market with its own adoption thesis, but every cryptocurrency carries real risk: prices are highly volatile, drawdowns of 50–80% are historically normal, and outcomes depend on execution, competition and an evolving regulatory landscape. A reasonable approach is to size any position to what you can afford to lose, treat the model-based scenarios above as illustrations rather than promises, and weigh THORChain's fundamentals against alternatives. This is information, not financial advice.

THORChain total value locked (TVL)

DeFiLlama
Total value locked
$55.95M
Mcap / TVL ratio
2.61
TVL change (24h)
+1.4%
TVL change (7d)
+3.3%

THORChain holds $55.95M in total value locked across 6 chains including Thorchain, Bitcoin, Ethereum, Binance, Bitcoincash, Avalanche. Its market-cap-to-TVL ratio of 2.61 is a rough valuation signal: a lower ratio means the token's market value is small relative to the capital its protocol secures, while a higher ratio implies the market is pricing in growth beyond current usage. TVL is reported by DeFiLlama and reflects deposits, liquidity and collateral, which can move sharply with prices and incentives.

ROI calculator

Hypothetical · educational only
Today it would be worth
$—

Calculations use historical end-of-day prices. Past performance is not indicative of future results. Cryptocurrency investments carry significant risk.

Where to trade THORChain

10 exchanges · sorted by volume
# Exchange Pair Price
1 BitDelta RUNE/USDT $0.4477 Trade ↗
2 CoinTR RUNE/USDT $0.4437 Trade ↗
3 Binance RUNE/USDT $0.4467 Trade ↗
4 BTCC RUNE/USDT $0.4467 Trade ↗
5 WhiteBIT RUNE/USDT $0.4457 Trade ↗
6 BitMart RUNE/USDT $0.4376 Trade ↗
7 Hotcoin RUNE/USDT $0.4477 Trade ↗
8 Binance RUNE/USDC $0.4467 Trade ↗
9 Bitazza RUNE/USDT $0.4467 Trade ↗
10 XT.COM RUNE/USDT $0.4467 Trade ↗

Trust score reflects exchange liquidity, age, and order book depth (CoinGecko methodology). External links are not endorsements — always verify the exchange in your jurisdiction.

Other DeFi coins

Top 9 by market cap

Live market data, refreshed continuously. Click any coin to view its full profile.

Compared to peers

Normalised · max = 100
Market Cap 24h Volume Stability Dev Activity Community Liquidity
THORChain RUNE
Bitcoin BTC
Lido Staked Ether STETH

Each axis is scaled to the largest value across the compared coins (= 100). Larger polygons indicate higher overall metrics. "Stability" is the inverse of 30-day volatility.

Tokenomics & supply

Max supply: 354,110,741 RUNE
Circulating 95.5%
  • Circulating 338,211,755 RUNE 95.5%
  • Issued but locked 15,898,986 RUNE 4.5%

Capped supply — no further issuance possible above 354,110,741 RUNE.

THORChain price analysis

At $0.4320, THORChain (RUNE) is currently deep in a drawdown from its all-time high. That is 97.9% below the record high of $20.87, and roughly 4,975% above the all-time low of $0.0085126.

Momentum-wise, RUNE has traded broadly sideways over the past month (+2.63% (7d), +1.94% (30d), -71.15% (1y)). With 24-hour volume at 12.9% of market cap, turnover is high, signalling active two-way trading. Crypto prices are highly volatile; these readings describe recent history, not a forecast.

What drives the price of THORChain?

As a DeFi token, RUNE's value is linked to its protocol's usage — fees and revenue generated, total value locked, and the share of that value returned to token holders through buybacks, burns or staking rewards.

Because the supply of THORChain is hard-capped at 354,110,741 RUNE, the scarcity narrative — fewer new tokens entering circulation over time — is a core part of its investment thesis.

Like nearly all crypto assets, RUNE also trades with a strong correlation to Bitcoin and to overall risk appetite. Macro liquidity, US-dollar strength, interest-rate expectations, regulatory headlines and new exchange listings can all move the price independently of project fundamentals.

Risks & considerations

  • High volatility. THORChain can gain or lose a large share of its value in a short time. Over the past year alone RUNE has moved about 71%.
  • Regulatory uncertainty. Crypto rules differ by jurisdiction and continue to evolve, which can affect availability, liquidity and price.
  • Smart-contract & protocol risk. DeFi tokens are exposed to exploits, governance changes and shifts in protocol revenue.
  • Liquidity & concentration. Thinner markets and concentrated holdings can amplify price swings and make large positions hard to exit.
  • Not advice. Only allocate capital you can afford to lose, and consider consulting a licensed financial adviser. Nothing on this page is personalised investment advice.

About THORChain

THORChain is the first decentralized exchange (DEX) to swap Bitcoin, and other UTXO chains, with Ethereum, and other EVM chains. All without using wrapped tokens.

Read full description ↓

THORChain currently supports swapping between 10 different blockchains. Assets available to swap on THORChain include the following:

Bitcoin (BTC)
Ethereum (ETH)
Tether (USDT)
BNB (BNB)
XRPL (XRP)
USDC (USDC)
Tron (TRX)
Dogecoin (DOGE)
Bitcoin Cash (BCH)
Wrapped Bitcoin (WBTC)
Chainlink (LINK)
Litecoin (LTC)
Dai (DAI)
Avalanche (AVAX)
Aave (AAVE)
Cosmos (ATOM)

Frequently asked questions about THORChain

What is THORChain (RUNE)?

THORChain (RUNE) is a cryptocurrency listed on global exchanges and tracked across major data providers. It currently ranks #204 among all cryptocurrencies by total market value. It belongs to the Decentralized Exchange (DEX) and Infrastructure category. Live price, market cap, trading volume, and historical performance are displayed on this page and refreshed continuously.

How does THORChain work?

THORChain is a decentralised cryptocurrency with transactions recorded on a public blockchain. The exact consensus mechanism and economic policy are defined in the protocol underlying codebase — refer to the project website for technical details.

How much THORChain is in circulation?

There are currently 338,211,755 RUNE in circulation out of a maximum supply of 354,110,741, meaning approximately 95.5% of the total RUNE that will ever exist has been issued. New tokens enter circulation through the protocol's pre-defined emission schedule.

What is the all-time high price of THORChain?

THORChain reached an all-time high of $20.87 on May 18, 2021. Currently the price sits 97.9% below this peak. All-time highs are useful benchmarks for assessing the asset's historical price range, but past performance does not predict future results.

How can I buy THORChain?

THORChain (RUNE) is traded on most major cryptocurrency exchanges, including Binance, Coinbase, Kraken, OKX, Bybit, and Bitstamp. Availability depends on your jurisdiction and the exchange's listings. After purchase, many users transfer their RUNE to a self-custody wallet for long-term storage. This information is educational and does not constitute investment advice.

Is THORChain a good investment?

Cryptocurrencies, including THORChain, are highly volatile and carry significant risk of loss. Over the past year, RUNE has lost approximately 71.1% of its value. Whether THORChain is appropriate for a given portfolio depends on the investor's individual risk tolerance, time horizon, and financial situation. Always research the project's fundamentals, understand the risks, and only allocate capital you can afford to lose. This page provides market data only, not personalised investment advice. Consider consulting a licensed financial advisor before making investment decisions.

How is THORChain different from Bitcoin?

Bitcoin (BTC) was the first cryptocurrency, designed primarily as a digital store of value and peer-to-peer payment network with a fixed supply of 21 million coins. THORChain (RUNE) focuses on decentralized exchange (dex) use cases, with a different technical design, supply schedule, and ecosystem. Bitcoin derives its value primarily from scarcity, security, and brand recognition, while THORChain's value is tied to adoption within its specific use case and underlying network effects.

What is the market cap of THORChain?

THORChain (RUNE) has a market capitalisation of approximately $146.11M, which ranks it #204 among all cryptocurrencies. Market cap is calculated as the circulating supply multiplied by the current price and is the most common way to compare the relative size of cryptocurrencies. It updates continuously as the price moves.

What determines the price of THORChain?

The price of THORChain (RUNE) is set continuously by supply and demand across global exchanges. The main factors are its circulating and maximum supply, trading volume and liquidity, overall crypto-market sentiment, its correlation with Bitcoin, regulatory developments, and real adoption of the underlying network. Because the market trades 24 hours a day, the price can change at any moment.

What is the THORChain price prediction?

No one can reliably predict the future price of THORChain or any cryptocurrency. Where sufficient history is available, this page shows a model-based forecast range derived from historical volatility and trend — it should be read as a scenario illustration, not a target or a promise. Crypto prices are highly volatile and shaped by events no model can foresee, so always do your own research and never invest more than you can afford to lose.

Is THORChain safe?

"Safe" depends on two separate things: how you hold THORChain (RUNE), and price risk. For custody, use reputable exchanges and consider a self-custody hardware wallet for larger amounts, and never share your private keys or seed phrase. For price, every cryptocurrency is volatile and can lose value quickly, so only commit capital you can afford to lose. Being listed on major exchanges is not an endorsement or a guarantee against loss.

Can I stake THORChain?

Whether THORChain can be staked depends on its consensus mechanism. Proof-of-Stake networks let holders lock RUNE — by running a validator or delegating to one — to help secure the network and earn rewards. Check THORChain's underlying technology first, use only reputable providers, and be aware that staked funds can face lock-up periods and, on some networks, slashing penalties.

Latest news about THORChain

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