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THORChain Network Update
3.21 is finally cut! It ships a ton of network fixes and should bring the network back to full functionality, plus a long-requested feature.
Upgrade halt height: 28,366,100 (approx. Fri Oct 23, 13:40 to 15:20 UTC)
🧵👇
THORChain retweeted
.@THORChain x @SwapKitPowered RevShare update, 2 weeks in:
First 15 days vs the 15 days before:
→ Volume: $18.0M → $30.1M (+67%)
→ Fees kept by @THORChain: $26.9K → $43.5K (+62%)
And it's only warming up. SwapKit scales up once v3.21 goes live Friday.
1/ @THORChain 🤝 @SwapKitPowered
REVSHARE is live!
I've built a new dashboard to track the economics across both THORChain and SwapKit.
Will this partnership drive more swap volume and create more value for both sides? 👇
THORChain retweeted
THORNode CI, one month later 🧵
We rebuilt the pipeline that tests every change to THORChain. It now runs 3× as many jobs, finishes 4× faster, and expands the way we tests the code.
The numbers 👇
claude.ai/artifact/NTKhSNijW…
⚡THORChain Podcast | Protocol Update with Co-Founder @Cbarraford is today at 2PM EDT / 6PM UTC.
Hosted by @KentonC137 and @patriotsounds.
Jump on stage and ask your questions live:
riverside.com/studio/thorcha…
Who needs financial privacy first?
@KentonC137 and the panel weigh in on @NullMaskio 👇
⚡ Schedule change: our podcast with the @zodl_app team moves to this Friday, October 23, at 11AM EDT / 3PM UTC.
@KentonC137 and @patriotsounds sit down with the team behind the Zcash-powered mobile wallet.
Jump on stage and ask your questions live: riverside.com/studio/thorcha…
Burning takes $RUNE out of circulation and stops there.
Protocol-Owned Liquidity takes it out of circulation too, and keeps it working.
Every block, 20% of THORChain's system income goes into the pool that earned the most fees for its depth over the last 3 days. Arbs pair the RUNE with the token on the other side, so the protocol ends up holding RUNE and $ZEC, $TRX or whatever else swappers want most.
That position does three things a burned token can't.
-It earns swap fees.
-It deepens the pool, so swaps get better prices.
-And it buys the dip: when $RUNE drops against the paired token, the position trades part of that token for more RUNE, automatically.
The full v3.21 breakdown is live on the blog.
👇
blog.thorchain.org/thorchain…
The first week of @SwapKitPowered 's rev-share is in. Early days, but it turned out better than expected.
@CBarraford breaks it down 👇
Anyone can integrate THORChain and earn. ⚡
🚨 Affiliate fees earned by @THORChain integrators just crossed $50M.
@TrustWallet leads with $18M, followed by @THORSwap at $9.1M and @Ledger at $8M.
Integrate THORChain and earn a piece of the next $50M.
⚡️ Update 10.19.26 ⚡️
Countdown checklist to $XMR being live for trading on @THORChain
✅ chain code live
✅ Daemons live
✅ 3.21 cut and approved by nodes
⌛️ 3.21 live on the network (Friday 10.23)
⌛️ 3.21.1 cut - NEW
⌛️ 3.21.1 adopted and live - NEW
⏳ Bifrost activated
⏳ Vault created via churn
⏳ Pool seeded with tiny liquidity
⏳ Successful swaps
⏳ Make sure everything is working smoothly in production
⏳ Treasury deepens liquidity to $50k
⏳ POL deepens liquidity over time
Slowly but surely it's getting closer
$RUNE
Countdown checklist to monero:native being live for trading on @THORChain
✅ chain code live
✅ Daemons live
⏳ Upgrade to 3.21
⏳ Bifrost activated
⏳ Vault created via churn
⏳ Pool seeded with tiny liquidity
⏳ Successful swaps
⏳ Make sure everything is working smoothly in production
⏳ Treasury deepens liquidity to $50k
$RUNE
From last week's marketing update: the quarterly report, the next wallets for swap.thorchain.org, and more.
@KentonC137 walks through it 👇
THORChain shares 20% of the fees on @SwapKitPowered swaps, and SwapKit turns it into cheaper quotes.
In its first 12 days, SwapKit routed $18.58M through THORChain, up 24% on the 12 days before. More routed volume means more fees shared, which funds more discounted quotes.
Early numbers. The coming weeks will tell more.
THORChain retweeted
The next @THORChain upgrade is being voted on right now.
What's inside v3.21.0?
→ Security patches
→ @monero signing hardening
→ @Zcash v6 signing support
→ @solana reliability upgrades
→ UTXO double-pay protection
→ Swap queue optimisations
→ Affiliate & swap accounting fixes
→ Node & vault migration safeguards
Target: about Fri Oct 23.
Another step closer to $XMR.
$ZEC
An outbound matching issue caused a vault slash. No funds were lost, but trading stays halted until the fix ships in 3.21.

















