THORChain, a notable player in the decentralized exchange (DEX) sector, has soared to third place in trading volume, hitting $1.32 billion last week, only behind giants Uniswap and PancakeSwap. This surge coincides with a significant 51% increase in its native token, RUNE, over the past week. Impressively, THORChain's 24-hour trading volume also surpassed PancakeSwap by $50 million. Attracting users with high yields, such as a 353% APR for Bitcoin and Rune pairs, THORChain is making waves in the crypto world for its efficient, intermediary-free trading, aligning with the core principles of Bitcoin.
