Try Quests to earn cryptoUsers of THORChain Bridges by Asset
In this dashboard, we will see the number of users interacting with THORChain broken down by chain and its analysis.
Thorchain is a Decentralized Liquidity Protocol where in users can deposit native assets into Liquidity Pools to earn yield. The network is 100% autonomous and decentralized. Assets are neither pinned nor wrapped; they are simply moved in response to user actions.
As users deposit funds into vaults, THORChain executes business logic (swap, add/remove liquidity), and processes outbound transactions. As a leaderless vault manager, THORChain enables byzantine-fault-tolerant execution at every point in the process.
The key objective of THORChain is to resist centralization and capture, while facilitating cross-chain liquidity. THORChain only secures the assets in its vaults, and does not have any economic guarantees that those assets are secure.
As the number of users on blockchain networks grows, the need for cross-network liquidity likewise increases. Thorchain is a protocol that aims to meet this need by enabling the trading of crypto assets across various blockchains in a completely decentralized way.
The below graph shows the total number of users on Thorchain network by Burn asset tracked on daily basis over the past 6 months.
Here is the visual shows the total number of users on Thorchain network by Burn asset tracked over the past 6 months.
THORChain is a groundbreaking technology that allows for decentralized swaps between any supported blockchain, and earns yield from native assets for liquidity providers.
This chart shows the Total number of users break down by BNB Chain over the past 6 months on Thorchain network.
Here is the total number of daily users by ETH Chain over the past 6 months on Thorchain network.