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Thorchain leading DeFi
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$69,722.00
2.76%$3,769.43
20.37%$7.54
6.63%$611.45
5.76%$176.49
-1.92%$3,772.47
20.69%$0.997987
-0.41%$0.54292
4.79%$0.165819
8.54%$6.34
-3.08%$0.497058
5.81%$40.23
9.28%$0.00002544
4.67%$69,978.00
3.29%$0.123064
0.46%$517.72
6.08%$16.62
0.55%$7.87
-2.93%$9.35
20.41%$0.738289
6.55%$88.46
5.44%$13.44
4.92%$2.46
7.13%$5.99
0.80%$0.00001229
29.25%$31.95
13.10%$3,910.11
20.31%$10.82
1.89%$0.11427
1.26%$9.25
9.06%$2.50
6.73%$3,700.72
19.60%$8.79
5.29%$0.997252
-0.66%$1.045
8.84%$6.14
9.19%$0.125317
1.90%$0.112452
4.81%$0.340316
4.92%$2.17
6.70%$1.19
20.55%$2.87
12.20%$0.131358
5.91%$51.27
3.67%$44.31
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12.36%$3,105.55
10.73%$2.69
-0.55%$0.03639825
4.69%$1.13
1.54%$27.62
2.84%$0.998008
-0.50%$0.899157
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5.43%$137.08
0.55%$6.74
-3.65%$4,172.53
20.52%$0.00003133
21.97%$0.00021375
7.45%$2.25
27.78%$3,878.46
20.02%$9.62
8.99%$0.04222639
-4.80%$0.569195
6.20%$0.455961
1.42%$1.82
2.64%$1.18
-3.82%$1.13
3.90%$0.188863
5.74%$10.03
1.71%$98.84
2.39%$96.78
10.80%$0.953264
7.52%$0.02844303
6.37%$1.21
10.52%$69.60
5.34%$5.82
3.96%$0.916305
-2.55%$1.028
6.14%$0.8641
17.93%$0.00000124
4.26%$2.13
8.71%$14.53
13.11%$20.34
5.45%$0.02825155
2.45%$7.82
7.98%$41.64
7.67%$15.85
5.49%$0.122663
2.43%$5.03
4.36%$210.22
-1.07%$8.13
2.17%$0.462744
6.05%$0.00005243
5.52%$0.02012424
-1.92%$0.564495
3.28%$0.866932
8.65%$3.05
10.49%$10.21
6.05%$0.998236
8.33%$0.02012435
-0.35%$6.25
12.65%$3,793.24
20.59%$0.237795
6.18%$2.93
11.78%$2.20
-0.85%$3,759.05
21.28%$0.855128
2.64%$0.83251
3.17%$348.13
10.24%$42.30
5.50%$0.887599
7.36%$0.463118
6.19%$5.09
15.81%$0.01201489
2.32%$1.30
6.85%$209.90
-0.89%$1.44
8.41%$19.88
10.01%$3,770.10
21.09%$0.231836
4.52%$0.694151
3.99%$2.85
8.13%$0.01679075
2.27%$0.996788
-0.33%$4,028.60
20.53%$0.109597
0.49%$3,971.43
20.39%$12.19
-0.23%$0.187809
5.58%$0.421049
16.22%$21.10
1.38%$38.09
4.68%$1.03
5.91%$21.10
42.91%$0.990415
-4.48%$0.993464
-0.84%$0.00011013
4.41%$0.339452
11.23%$0.0000003
4.68%$0.092461
3.33%$1.97
-2.51%$95.07
13.33%$0.733829
2.28%$2,419.36
-0.46%$5.14
18.53%$4,086.53
20.40%$2.12
8.18%$0.89461
4.97%$0.483366
14.12%$0.005633
1.45%$0.561418
5.56%$2.48
0.12%$1.50
2.48%$0.094981
4.58%$0.03580585
-1.34%$1.15
13.57%$0.995532
-0.63%$4.17
-4.23%$0.053578
8.71%$1.11
5.63%$0.02687399
8.87%$1.89
-5.50%$0.426151
9.26%$0.334191
4.77%$3,869.37
20.81%$0.900162
5.45%$0.00000049
1.99%$0.566672
2.88%$0.04564543
3.62%$2.79
4.49%$4.14
21.78%$0.04644136
4.20%$0.228713
6.49%$1.11
1.21%$4.67
0.35%$0.438425
-1.07%$81.75
35.57%$0.087796
18.52%$0.02458771
6.37%$75.74
21.33%$0.331117
11.67%$0.271532
0.78%$0.00884258
-3.83%$4.50
3.99%$2,408.27
-0.18%$0.03133862
5.91%$1.64
2.31%$3.74
5.53%$0.050595
10.68%$21.07
11.06%$5.15
-2.76%$0.00240087
8.11%$0.00741252
3.33%$0.424951
7.80%$60.68
8.40%$0.605478
4.81%$0.530596
1.80%$1.65
10.92%$3.83
14.93%$3.84
5.31%$0.00716574
3.04%$0.00117065
4.74%$0.998205
-0.56%$0.536002
2.04%$9.59
20.91%$0.03943273
4.97%$0.254204
4.84%$0.811471
1.17%$1,399.56
3.10%$0.918369
7.70%$4.67
9.48%$24.25
3.07%$0.293102
14.44%$30.75
4.64%$0.02962324
2.77%$0.03943781
4.31%$0.710694
-1.29%$7.53
-2.51%$0.00000089
50.66%$21.34
8.04%$5.30
3.95%$3.56
7.64%$9.50
2.00%$0.920692
6.97%$32.86
6.58%$0.77434
2.08%$46.75
7.74%$0.505861
11.11%$3,962.86
20.82%$0.03287671
2.24%$0.362251
11.85%$0.00100118
32.11%$81.01
17.37%$33.12
6.52%$0.905143
0.16%$0.98343
-2.57%$46.23
10.24%$0.0038888
2.65%$2.62
7.39%$114.74
0.28%$0.325236
4.37%$0.377754
8.54%$3.61
2.32%$2.02
-0.32%$0.354625
3.13%$31.91
7.13%$3.78
-0.42%At the time of writing, Thorchain's native RUNE token is trading at around $7.13, gaining nearly 18% in the past 24 hours and 83% in the last week, according to crypto metrics platform CoinGecko.
Notably, the latest push is part of the token’s “comeback” following a series of exploits. Over the past couple of weeks the project has suffered two major security breaches that resulted in RUNE’s price plummeting from nearly $8 to below $4.
On July 15, hackers drained 2,500 Ethereum (ETH) tokens (around $4.8 million at the time) from Thorchain’s liquidity pools. In response, the protocol’s developers promised to reimburse the affected liquidity providers using funds from the project’s treasury.
Thorchain’s troubles didn’t stop there.
Less than a week later, the project was hit by another attack, and this time around, the hacker even left a few tips for the team.
RUNE has nonetheless recovered as the token’s price has been steadily rising over the past couple of weeks. Thanks to the latest rally, the token’s market capitalization—the combined price of all tokens currently in circulation—went back to nearly $2 billion.
Meanwhile, other DeFi tokens have been trading sideways on the day.
Native assets of platforms such as Uniswap (UNI, $21.03, -4.5%), Chainlink (LINK, $22.60, +1%), AAVE ($305.73, -3.4%), Maker (MKR, $2,796.93, -3.8%), Compound (COMP, $391.5, -1.5%) and others are either in the red zone or wallow just slightly above the waterline.
Still, there is currently more than $67 billion of value currently locked on DeFi platforms across the whole sector, according to DeFi Pulse. The top three spots are occupied by AAVE ($12.84 billion locked), InstaDapp ($9.49 billion), and Curve ($8.86 billion).
Disclaimer
The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.