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Topic

Cross-Chain Swaps

Protocols that let assets on separate chains trade against each other without wrapped representations or custodial intermediaries.

Current stories

investOne report1 publisher

THORChain's latest fee week runs 2.1 times its pre-surge level with no reported hack flows

THORChain took in about $404,600 in swap fees from October 5 to 11, more than double the week before its September surge. Cryptopolitan's count has that 82% below the hack week, and its "no exploit money" label rests on an absence of reports.

Reality

Evidence55
Adoption40
Hype gap+15
Incentives
Not scored
Confidence55
investConfirmed3 publishers

Tether halts THORChain's Tron swaps by freezing about 3% of the protocol's liquidity

Tether froze about 1.45 million USDT in four THORChain vaults on Tron, taking the protocol's Tron swaps offline. That is about 3% of THORChain's liquidity, and it left Tron-side liquidity providers holding tokens that cannot move.

Perspective Coverage

3 publishers
Builder
Builder 30%
Operator
Operator 37%
Investor
Investor 33%

Reality

Evidence68
Adoption
Not scored
Hype gap+35
Incentives45
Confidence70
investOne report1 publisher

THORChain liquidity providers took three-quarters of the fees from laundering Bitget's stolen funds

Swap protocols and wallets collected $761,725 in fees moving funds from the $387.5 million Bitget hack, researcher Andrey Sergeenkov found. Part of $259,718 in linked THORChain affiliate fees reached an OKX-labeled wallet, where deposit records could identify a holder.

Publishers:crypto.news

Reality

Evidence45
Adoption
Not scored
Hype gap0
Incentives
Not scored
Confidence50
investConfirmed4 publishers

NEAR Intents turned away about $50 million of Bitget loot that the hackers routed elsewhere

NEAR Intents' SHIELD layer refused all but $166,000 of a $50 million-plus attempt by Bitget's hackers. That makes screening policy the clearest difference between NEAR and THORChain. Each protocol carries a different exposure because of it.

Perspective Coverage

4 publishers
Builder
Builder 36%
Operator
Operator 35%
Investor
Investor 29%

Reality

Evidence58
Adoption35
Hype gap+25
Incentives66
Confidence58
investOne report1 publisher

Blocking $50 million from the Bitget hack opens NEAR Intents to wider claims, a lawyer says

NEAR Intents' SHIELD blocked $50 million of Bitget hack funds while THORChain declined Bitget's request to stop the flow. Lawyer Yuriy Brisov says claimants can use that shown control against NEAR in cases far beyond this one.

Reality

Evidence40
Adoption30
Hype gap+30
Incentives40
Confidence35
investOne report1 publisher

THORChain puts its own capital into the Monero pools exchanges walked away from

Version 3.20 lets Monero and Zcash trade against bitcoin, ether and stablecoins inside THORChain's own pools, which makes pool depth rather than the 8.9% price pop the figure that decides how much of this route is usable.

Reality

Evidence26
Adoption28
Hype gap+34
Incentives61
Confidence31