The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain's Sybil resistance mechanisms — since THORChain nodes must commit a minimum of 1 million 300k RUNE to participate in its rotating consensus process.

THORChain is a decentralized liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process.

THORChain uses a unique system to help mitigate the issue of “impermanent losses” — or the often temporary losses that a liquidity provider can experience when contributing to liquidity pools. It achieves this by using a slip-based fee to help ensure liquidity stays where it is needed.

It has a circulating supply of 330,688,061 RUNE coins and a max. supply of 500,000,000 RUNE coins.

If you would like to know where to buy THORChain at the current rate, the top cryptocurrency exchanges for trading in THORChain stock are currently Binance, Bybit, CoinEx, CoinDCX, and Kucoin.