Hello!
I am following closely what the Thorchain team is doing. They are building the best cross-chain DEX. Using Thorchain you can swap directly from different Layer 1 tokens such as Bitcoin, Ethereum, USDT, and a bunch more.
What is getting wild is the amount of volume that they are moving. This month will beat the 10 Billion mark, such an amazin milestone. You can see the progress in this chart.
The team is amazing, I am listening to all the twitter spaces they make and I am enjoying their approach. They are very smart, very careful, and very innovative. Some of the team members helped building the Binance chain (don't know if the BNB chain or BSC chain). They have a lot of experience.
Even the protocol got hacked in the past I think they are improving a lot in security, with 3rd party auditing the code and the potential death spiral cases.
I recommend you to read and research the project, it still have a lot of potential, with the volume in the bull market spiking the protocol will benefit a lot.
I still believe we are not in a full "BULL MARKET MODE", I can't imagine how the numbers will be when literally everybody is entering the space. Super exciting times ahead.
Have a great day!
Posted Using InLeo Alpha
Totally agree! Thorchain's DEX is a game-changer. That volume growth is insane - 10 billion this month is a huge milestone. The team sounds impressive with their experience and focus on security. I'm definitely keeping an eye on Thorchain, especially as the market picks up. Thanks for sharing your insights!
It's worth having Thorchain in the radar!
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