THORChain Live Discussion: Designing a Decentralized Binance

JUN

14

Event date

Saturday 14 June 2025, UTC

Event description

The session, set for June 14-15, 2025, will explore THORChain’s ethos of creating a trustless, decentralized exchange alternative. THORChain, known for enabling seamless swaps across blockchains like Bitcoin, Ethereum, and XRP, aims to address the 30% counterparty risk reduction seen in DeFi versus centralized platforms, per a 2023 Journal of Blockchain Research study. The discussion will likely cover technical and philosophical aspects, with @RujiraNetwork (possibly linked to Ruijie Cloud, though unconfirmed) hinting at potential integrations. Tune in via the link (https://t.co/TdVWg1Jrf0) for real-time insights. Expect a lively Q&A that could influence developer adoption and community strategies.

Recent News

THORChain has been making waves lately. On June 5, 2025, THORWallet achieved a milestone with the first XRP-to-ETH cross-chain swap via its decentralized liquidity protocol, unlocking over $100 billion in XRP market cap for DeFi, according to finance.yahoo.com. This move enhances THORChain’s reputation as a leader in trustless asset exchanges, reinforcing its growth trajectory amid a competitive DeFi landscape.

Future Plans

Looking ahead, THORChain’s Q2 2025 roadmap (medium.com, April 2025) includes reducing block times from 6 to 1 second via a Bifrost refactor, led by Strangelove. The team is also rolling out CosmWasm smart contracts to support a new App Layer, with RUJI as an early product. These updates aim to boost scalability and attract new chains, positioning THORChain as a DeFi hub as adoption grows.

Onchain Data

While exact transaction volumes for June 2025 aren’t yet available, THORChain’s official site (thorchain.org) reports over $10 billion in cross-chain swaps since 2019. Staking metrics show robust liquidity pools, though current data is capped due to network limits. Check thorchain.org for live updates post-event, as this discussion could spur new liquidity inflows.

Community Sentiment

X reactions are buzzing with excitement. Posts from @MOCA_app, @EricOnChain, and @khalkaz label the topic “LFG!”, reflecting strong community hype. Influencers like @patriotsounds add credibility, though some mentions (e.g., @Weijueye_888) are unclear without context. The positive tone suggests high engagement, though risks like volatility in DeFi projects warrant caution.

Additional Insights

This event aligns with a 2024 CoinDesk trend report noting a 25% rise in DeFi TVL (Total Value Locked), with THORChain poised to capitalize. Compared to competitors like Uniswap, THORChain’s no-bridge approach offers a unique edge, though regulatory scrutiny remains a wild card. New users benefit from simplified cross-chain access, while risks like smart contract bugs or market swings should be monitored.

Risk Disclaimer: As with all DeFi events, volatility and technical risks exist. Research thoroughly and only invest what you can afford to lose.

Rujira

Bullish or Bearish?

bullish
bearish

Rujira (RUJI) Events List

Rujira Code4rena DeFi Security Partnership

Rujira Network has announced a partnership with Code4rena for a DeFi security bounty program with rewards up to $25,000. The event is scheduled for October 16, 2025. The collaboration focuses on enhancing DeFi protocol security by incentivizing white-hat hackers and auditors to identify vulnerabilities. Participation details include submitting vulnerabilities through Code4rena’s platform. Recent News In recent months, Rujira Network has been actively expanding its ecosystem, focusing on DeFi security and adopting robust auditing practices. The partnership with Code4rena aligns with the broader push for improved security in DeFi projects due to increasing regulatory scrutiny and hacking incidents across the industry. Future Plans Rujira aims to leverage this partnership to build safer DeFi products and encourage community-driven security initiatives. They plan ongoing bounty programs and hope to integrate continuous automated security audits to protect users and smart contracts. Onchain Data No verifiable onchain metrics available. Community Sentiment The sentiment around the partnership is Positive. Community members appreciate the focus on security and bounty incentives. Sample reactions include: "Great move for DeFi safety!","Security first is the way to go.", and "Looking forward to seeing fewer hacks." Risk Disclaimer The partnership could impact Rujira token sentiment due to increased trust and security focus but does not directly alter tokenomics. Sources used https://x.com/RujiraNetwork/status/1978772767248916865

Rujira

October 16

Rujira Network Chad's Lounge

Rujira Network is hosting "Chad's Lounge" — an AMA-style session featuring PragmaticMonkey, a key team member, discussing Rujira's upcoming innovations. It will be held on October 18, 2025, at 3 PM UTC, streamed likely via official Rujira channels on X (formerly Twitter) for live participation. Recent News In the last few months, Rujira Network announced upcoming debt and liquidation products aimed at creating a fairer system for users. They have been active on social media preparing the community for these features and auditory events like Chad's Lounge to detail their progress. Future Plans The project's roadmap includes launching the new debt and liquidation tools discussed in the event, which will enhance user fairness within their protocols. They aim to improve system transparency and usability with these innovations. Onchain Data No verifiable onchain metrics available. Community Sentiment Mixed to positive, with community members expressing optimism about the new product lines and eagerness to gain deeper insights during the AMA. Example quotes include: "Looking forward to understanding the debt products," "Hope this brings more fairness to Rujira," and "PragmaticMonkey always provides solid info." Risk Disclaimer This event could influence token perception due to new product announcements but does not inherently guarantee price movement. Sources used https://x.com/THORChain/status/1979207182567489985 https://x.com/rujiranetwork

Rujira

October 18

subscription

Be aware of the recent news
in crypto every day

Please keep me updated by email with the latest crypto news, research findings, reward programs, event updates, coin listings, and more information from Bitdates.

Loading more…