. THORChain's RUNE token surged as much as 37% from Wednesday's lows after synthetic trading went live on the protocol. By shauryamalwa
with synthetic assets trading on its platform earlier this morning, causing prices of its native token RUNE to jump as much as 37% from Wednesday's lows of $4.05 to Thursday's peak of $5.56.
THORChain allows trustless trading and token swaps for several cryptocurrencies, from bitcoin to ether, via RUNE. Using RUNE as an intermediary allows for the trading of assets from one network to be traded for another in a decentralized manner without using smart contract-based “bridges.
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