Last Friday hit THORChain HARD...
An exploit of the TSS layer, the security mechanism that holds vaults together across every connected chain, is as serious as it gets
This is a difficult time for the community, but we wanted to remind everyone why we believe in @THORChain ๐
Since the exploit, the response from team and community has been nothing short of incredible:
โ A recovery proposal is already live
โ ADR-028 will put the lost fund decision to a governance vote
โ v3.19 will be implemented post consensus
This is exactly how a protocol should handle these situation: transparently, collectively, and proactively
@THORChain may be down, but there's still plenty to be excited about:
โ Privacy chain integrations: $ZEC and $XMR
โ @RujiraNetwork: Real yield and CCL deployment
โ @StationWallet: The worldโs first fully agentic wallet
After all, $120B in cumulative swap volume doesn't come from a protocol that exits when it gets hard
Onwards โก
The network stayed down until it was actually safe
June is when it comes back
โ v3.19 this week
โ Full trading ~a week after
โ @monero first in the DEX queue
The @THORChain renaissance is about to begin โก๏ธ
@coingecko $RUNE. @THORChain.
โ Native cross-chain swaps. No bridges. No KYC
โ $XMR, $ZEC, $DASH on the way
โ @RujiraNetwork DeFi layer live
New money. Sovereign rails โก
@Ledger Best seed phrase security: NONE
@Vultisig - threshold signatures, no single key, no single point of failure.
Built alongside @THORChain for native cross-chain self-custody โก๏ธ
@CoinMarketCap@THORChain / $RUNE โก
โ The only cross-chain DEX settling native assets. No bridges, no wrappers
โ Permissionless. No KYC. No one to stop you
โ Privacy chains incoming: $XMR, $ZEC, $DASH
โ Full DeFi app layer via @RujiraNetwork
Sovereign liquidity. Built for real ๐
The @THORChain Weekly Recap has landed โก๏ธ
โ v3.19 mainnet Mon-Wed. Full trading ~1 week after
โ TSS library: closed source 2-4 weeks
โ Exploit = human cryptographer. Not AI
โ Next: DKLS migration + lukewarm vaults
โ Node cool-down + reputation-weighted vaults in discussion
โ Bug bounty redesigning. Huginn to triage AI spam
โ Monero: 50 bps when live (Chad agrees)
โ Binance false-positive fixed. 7 new languages live
โ Devel's limit orders. Check Discord
Check out the full recap below ๐
Trading on @THORChain could resume in the coming weeks.
Asaf from @sodabubblelabs says it wasn't an AI hack.
The full restart timeline in this week's THORSday recap: ๐๐ป
https://t.co/06kcHWWu2r
@CoinMarketCap@THORChain / $RUNE โก
โ The only cross-chain DEX settling native assets. No bridges, no wrappers
โ Permissionless. No KYC. No one to stop you
โ Privacy chains incoming: $XMR, $ZEC, $DASH
โ Full DeFi app layer via @RujiraNetwork
Sovereign liquidity. Built for real๐
@LeBinanceFR $RUNE / @THORChain โก
โ No KYC. No wrappers. No permission required
โ $XMR, $ZEC, $DASH integrations incoming
โ @RujiraNetwork app layer live: lend, borrow, earn natively
The only DEX building infrastructure for the private economy. Don't sleep on it ๐
@legiondyor $RUNE / @THORChain โก
โ No KYC. No wrappers. No permission required
โ $XMR, $ZEC, $DASH integrations incoming
โ @RujiraNetwork app layer live: lend, borrow, earn natively
The only DEX building infrastructure for the private economy. Don't sleep on it ๐
THORChain Incident Update #5 is LIVE
Here's how things stand with @THORChain's road to recovery ๐
โ v3.18.1 live. Patch applied, @RujiraNetwork credit accounts restored
โ ADR028 approved by Nodes
โ v3.19.0 next. Stagenet imminent, mainnet once tested and confirmed
โ The bounty window is now open
โ POL covers the remaining loss, with final figures in provided the next update
โ tss-lib temporarily closed source for a full THORSec audit
Node Operators: upgrade to v3.19.0 the moment mainnet is ready
ADR028: approved. v3.19: in progress. Bounty: active
The lights are coming back on ๐ก
When it mattered, the community made decisions, not promises:
โ ADR028 voted through
โ v3.18.1 shipped
โ tss-lib closed for audit
v3.19.0 being tested on stagenet before mainnet
The @THORChain comeback arc begins now โก๏ธ
@MEXC Every connected chain, without a bridge in sight โก๏ธ
On @THORChain, your assets reach anywhere, native both ways, no permission required
That's the only reach worth having