cryptocleopatra |🐻,⛓️|

[Peapods Finance @PeapodsFinance]

$PEAS v4 - Strategies:
Outperform in Any Market

✅ Better than spot.
✅ More durable than perps.
✅ More efficient than standard LPs.

Launching Q2.

Few.

[fincontrarian @fincontrarian]

The reaction from real long-term $RUNE holders says everything.

No mass panic. No chaos. No “it’s over.”

Because most understand this looks more like a bottom formation than the end. 📉➡️📈

~80% of liquidity is still there.
POL + RUJI + volume-driven trading is the real future.

And people underestimate this part the most:

With the amount of volume @THORChain already processes, the protocol can realistically earn back what was lost in less than a year through usage alone.

Not inflation.
Not VC bailout money.
Real fees from a real product.

That’s why conviction is still here.

[THORChain @THORChain]

People are figuring it out.

[fincontrarian @fincontrarian]

15 months ago people were calling for the death of @THORChain.

Fear everywhere.
Halts.
Attacks.
Panic.
“ $RUNE is finished ” posts every single day.
Most left.
A few stayed. ⚔️
Now look at it today:
• Native swaps across major L1s
• Streaming, limit and rapid swaps evolving the UX
• TRX integrated
• ZEC live
• XMR on the horizon 👀
• Billions in swap volume returning
• Wallet activity recovering month after month
• New products, new builders, new energy
And the biggest difference?
The chain no longer depends on one company or one team.

The protocol survived the fire and became more decentralized because of it.
Shoutout to the Mohicans:
@jpthor
@AaluxxMyth

For me, they are heroes of this chapter. They stayed when it was easier to disappear. 🍷

And now a new era is starting.
The @CBarraford era. ⚡️
Not built on hype.
Built on scars, utility, decentralization and surviving what most protocols never could.
Call us crazy.
But surviving 15 months of nonstop pressure and still pushing forward says everything about what @THORChain really is. 🟠

[THORChain @THORChain]

64.4M $RUNE just burned. Total supply is now 360M, within 3% of circulating supply.

MC/FDV at 97%. That's down from 1 billion at launch, to 500M, to 360M today.

5% of all fees keeps burning daily. $RUNE is deflationary by design.

More data on @Dune :
https://t.co/qbQdPyL547

[Migaloonatic @Migaloonatic]

I reckon you will be hard pushed to find me an example of a top 200 crypto asset, that is paying out 34% real yield APY on a single sided position (albeit market made), with $2.5 mill TVL. bRUNE on @RujiraNetwork proving to have PMF. $RUNE looks to be gaining traction 💪

[THORChain @THORChain]

THORChain is the largest $BTC DEX in the world and the most trust-minimised way to move $BTC across chains.

Now imagine connecting that infrastructure natively to Monero. Just $BTC on one end and $XMR on the other, with nothing in between but open source code running on a decentralised network.

That's what's coming. And once it's live, THORChain will be the only place on earth where you can make that swap without asking anyone for permission.
Few understand this.

[THORChain @THORChain]

The code we hate the most must be protected the most.

The moment someone gets to decide which transactions are acceptable, permissionless means nothing.

[fincontrarian @fincontrarian]

$RUNE is quietly becoming one of the most efficient yield machines in crypto… and almost nobody is ready for what’s coming. ⚡️

Let’s break the reality (not the noise) 👇

$BRUNE is BONDED.
That means your $RUNE doesn’t just sit idle…
➡️ It goes directly into securing nodes across THORChain
➡️ You earn from the aggregate income of the entire network
➡️ Not emissions. Not inflation. Just pure fees

💥 This is REAL yield.
Now add the numbers:
📊 bRUNE staking → ~20% APR
📊 Stable 2bps fee floor → consistent baseline revenue
📊 RapidSwaps → higher volume = higher fees
📊 No minimum. Instant stake/unstake

This is not theory. This is live.

And here’s where it gets controversial… 👀

While most DeFi protocols are still printing tokens to fake yield…
THORChain is doing the opposite:
❌ No emissions
❌ No dilution
✅ Only actual usage-driven revenue
Meaning one thing:

👉 The more swaps happen, the more YOU earn.

Now zoom out… 🌍

Privacy liquidity is coming in strong:

🟣 Native $XMR integration
🟡 $ZEC already rolling out
🔵 $DASH next in line

The “most hated assets” are about to plug into the most permissionless DEX.
You already know what that means:
📈 Volume spikes
📈 Fee generation spikes
📈 bRUNE yield gets even stronger

And don’t ignore this…

RapidSwaps are removing friction.
2bps is stabilizing the base layer revenue.
bRUNE is capturing it ALL.

This is a flywheel:

🔁 More volume → more fees
🔁 More fees → higher yield
🔁 Higher yield → more bonding
🔁 More bonding → stronger network

Set it. Forget it. Earn from everything. ⚡️
$RUNE is not chasing narratives anymore…
It’s building cash flow.

And in this market?

That’s the real alpha. 🚀

[THORChain @THORChain]

🗺️ ECOSYSTEM RECAP

Here's what happened this week ⤵️

Headline News

THORChain v3.17 is live. ADR 023 burned 64.4M $RUNE from the Protocol Reserve, bringing circulating supply just above 360M. The Reserve was non-circulating so no price impact, but the supply picture is now much cleaner for anyone looking at $RUNE for the first time.

Bitcoin Vegas

The THORChain side event at F1 Arcade pulled 40 to 50 people. More importantly, @cakewallet and @EdgeWallet confirmed they'll both be ready to support $XMR from day one. Chad called this the strongest wallet readiness for any chain launch since Terra. Two wallets covering an estimated 90% of $XMR holdings.

Launches

@ThorWallet launched a non-custodial Mastercard with @unblockpayments. Swiss-regulated, stablecoin-powered, available in 175+ countries. Hold your keys. Spend anywhere.

@unstoppablebyhs launched the Unstoppable Swap bot for Telegram. Swap $XMR, $BTC, and $ZEC directly in chat. Cross-chain, no wallet connection, no logs.

@THORSwap added $XAU₮ (Tether Gold). Native gold exposure, cross-chain.

@RujiraNetwork raised the bRUNE cap to 3 million after the previous 2 million cap filled within 48 hours. Demand is real.

@SwapKitPowered integrated @nufiwallet, giving NUFI users access to THORChain liquidity directly from their wallet. $BTC, $ETH, $SOL, and more, fully decentralised.

That wraps up this week's THORChain ecosystem update. See you next week, Chads.

If your project was missed, drop a DM and we'll include it in the next recap.

[The Wolf of Defi ⚡️ @thewolfofdefi]

v3.17 just shipped on @THORChain. The numbers are real.

◻️ 65M $RUNE burned from the Reserve
◻️ Stable swaps at 2 bps
◻️ v3.18 next week: dynamic fees + $XMR and $TAO node changes

Lower fees attract volume. More volume burns $RUNE. Privacy and AI both gaining ground here. 🔥

[Rayyyk @raynalytics]

.@THORChain v3.17 is live.

Stable swaps now trade at 2 bps. 65M $RUNE burned from the Reserve.

v3.18 ships next week with dynamic fees, plus @monero and @bittensor node changes.

Space recap from Bitcoin Vegas:
https://t.co/lybmwa33yy

[boone @BooneW]

With @THORChain v3.17 going live, my ADR 023 went into effect burning 64.4M $RUNE from the Protocol Reserve

This puts the circulating supply of RUNE just north of 360M, and should come under it shortly.

This was non-circulating RUNE so the price wasn't impacted, but it should make understanding the RUNE supply much simpler for potential investors as well as dampen calls to "spend" the Reserve (and thus dilute the value of all RUNE holders)

[The Wolf of Defi ⚡️ @thewolfofdefi]

$XMR was designed for true privacy. The problem was always getting it without a gatekeeper.

@THORChain just fixed that. Native swaps, no KYC, no CEX, no permission needed.

Hold Monero. Spend Monero. Stay sovereign. 🔥

[THORChain Community @THORCommunity]

THORChain just shipped 100+ improvements in one release ⚡️

v3.17.0 upgrades security, swaps, cross-chain reliability, governance, and dev tooling in one shot

Read the full breakdown and see why @THORChain keeps pulling ahead 👇
https://t.co/F7FUuw7pZt

[THORChain @THORChain]

THORChain isn’t slowing down.

With the release of v3.17.0, the network just shipped one of its biggest upgrades yet; packed with 100+ improvements across security, swaps, cross-chain reliability, governance, and developer tooling.

The full recap breaks it all down 👇
https://t.co/64CZN5TKII

[THORChain @THORChain]

In 1988 Timothy May wrote that permissionless economic transactions would become unstoppable. THORChain didn’t invent that idea. It just built it.

https://t.co/yoJMaWqeK1

[THORChain @THORChain]

THORChain doesn’t compete with centralised exchanges. It makes them optional.

[Patriotsounds @patriotsounds]

@jussy_world @THORChain Ridiculous. THORChain is just neutral and permissionless infrastructure. less than 2% of flows are illicit. You can NOT launder on THORChain nothing is obfuscated. Quit blaming useful technology and blame idiots securing 100s of Millions with a single sig https://t.co/hlgFCowKVb

[Rayyyk @raynalytics]

.@THORChain held true to its decentralized principles and the vision Satoshi created Bitcoin for, despite the pressure to censor, pause and bend the knee.

Full breakdown of the stance, affiliate revenue share, dynamic fees and $XMR within a week.

Full THORSday recap: 👇🏻
https://t.co/PVNcNvd9yk