10% of all revenue on THORChain, in perpetuity, goes towards TCY tokens. TCY token holders have to stake their tokens in order to access their pro rata share of the revenue. The revenue is paid out in RUNE tokens (the main token of THORChain).
There are no block rewards on THORChain. All the revenue is real, paid by real users. Therefore, the revenue going towards TCY tokens is real and not inflationary.
TCY was created to resolve THORChain's $210 million debt created by THORFi. THORFi was the combination of Lending and Savers features. It was defaulted on in January 2025.
Each $1 of debt was converted into 1 TCY, resulting in 210 million TCY tokens outstanding. This way, creditors received tokens instead of a total loss. Giving them a piece of the network's future revenue, aligning their interests with the protocol, and helping stabilize the network.
Where is THORChain Yield available for purchase?
You can exchange TCY tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading THORChain Yield is THORChain, notably the TCY/RUNE pair, which saw a trading volume of $ 56,507 in the past day. Additionally, RUJI Trade is popular alternative for trading tokens.
What is the highest value THORChain Yield (TCY) has ever reached?
THORChain Yield (TCY) reached its peak price at 0.3421 $ on 10 June 2025, approximately 7 months ago ago. Presently, the current price is -52.4% lower than this all-time high.
What is the historical minimum price for THORChain Yield (TCY)?
The minimum price reached for THORChain Yield (TCY) was 0.08814 $, documented on 22 November 2025, more than 2 months ago. In comparison, the current price is 84.75%, it above this historical low.
What is the fully diluted valuation of THORChain Yield (TCY)?
The fully diluted valuation (FDV) of THORChain Yield (TCY) stands at $ 29,77 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 210,000,000 TCY tokens. The realization of this FDV might take several years depending on the emission schedule of TCY tokens.