How it works & terms

What this site is

This page is an interface to THORChain, a decentralized network that swaps native coins between blockchains. When you swap, you send coins to an address controlled by THORChain's network of nodes, with a short memo that tells the network what you want back and where to send it. The network executes the swap and sends the result to your address.

We never hold your funds. The site runs in your browser, asks THORChain for a quote, and shows you the deposit address and memo. There is no account, no deposit with us, and nothing for us to freeze or return.

Fees

• Service fee: 0.75% of each swap. It is collected by THORChain as part of the swap and paid to the operator. It is itemised in every quote before you send anything.
• THORChain liquidity fee: set by the network, depends on the size of your swap relative to the pool.
• Outbound network fee: the cost of sending your coins on the receiving chain, set by the network.

Risks you accept by using it

• Irreversible. Once your coins are sent, no one — not us, not THORChain — can recall them.
• The memo matters. A missing or altered memo means the network cannot match your deposit to a swap. Deposits with a readable memo that cannot be completed are refunded by the network to the sending address, minus network fees. Deposits with no memo may be lost.
• Dust. Amounts at or below each chain's dust threshold are not processed and are lost. The quote page refuses them, but check your wallet's fee handling.
• Price moves. The quote is an estimate. The swap executes at the rate when your deposit is confirmed. If the rate moves against you by more than the protection shown in the memo, the network refunds you instead (minus fees).
• Network status. THORChain can pause a chain at any time. Paused chains are hidden from the form; a deposit made while a chain is paused is held by the network until it resumes.
• Software. This site and THORChain are software and can contain bugs. Use amounts you can afford to lose while the service is in beta.
• No advice, no custody, no guarantees. Nothing here is financial advice. The service is provided as-is.

Who may use it

You must be legally allowed to use cryptocurrency swap services where you live, and you may not use this site for any unlawful purpose, including moving the proceeds of crime or evading sanctions. We may add screening or block access from some regions.

Privacy

The site keeps no accounts and sends nothing to us. Quotes and swap status are fetched from public THORChain nodes; those nodes see your request like any website you visit. The “recent swaps” list is stored only in your browser.

Operator