ThorChain is a decentralized liquidity network with an interoperable blockchain that allows cross-chain token swaps in a non-custodial manner. It does not peg or wrap assets, but simply allows users to swap tokens across various Layer 1 blockchains. So, traders on ThorChain can seamlessly move from Bitcoin to Ethereum, to Polkadot and etc. without having to register for an exchange or go through KYC, like on CEXs. Hence, users are minimally exposed to custody and counterparty risks
TCY is a token to compensate users for the closure of the Lending and Savers programs. Affected users can claim TCY equal to their debt at the time of the halt. TCY stakers receive 10% of THORChain's total income.
Where is TCY available for purchase?
You can exchange TCY tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading TCY is THORChain, notably the TCY/RUNE pair, which saw a trading volume of $ 100,297 in the past day.
What is the highest value TCY (TCY) has ever reached?
TCY (TCY) reached its peak price at 0.3421 $ on 10 June 2025, approximately 2 months ago ago. Presently, the current price is -47.15% lower than this all-time high.
What is the historical minimum price for TCY (TCY)?
The minimum price reached for TCY (TCY) was 0.1568 $, documented on 02 August 2025, more than 18 days ago. In comparison, the current price is 15.24%, it above this historical low.
What is the fully diluted valuation of TCY (TCY)?
The fully diluted valuation (FDV) of TCY (TCY) stands at $ 52,55 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.