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The @bitget hack has reopened the censorship debate around @THORChain.
This map tracks the stolen funds moving through THORChain, all out in the open.
THORChain is permissionless, so anyone can swap. But it's a DEX, not a mixer. Every hop through THORChain stays traceable.
Feel for everyone caught in this. They deserve to be made whole.
We are devasted to hear about the recent exploit and can imagine how difficult this must be for everyone involved.
THORChain is decentralized and permissionless like Bitcoin, Ethereum, and BNB Chain.
What responsibility should Bitcoin, Ethereum, and BNB Chain bear when handling known stolen funds?
@star_okx @GracyBitget
Rayyyk retweeted
STEP 8 IS ON! 🏁
With v135 rolling out, the Network Recovery Proposal (NR1) officially enters its final phase. A quick look at what’s shipped:
✅ Maya is fully back online, trading is normal, and volumes are scaling.
✅ v134: Dash churn fix, validator slash point resets, and core daemon security updates.
✅ v135: Bifröst signing lag resolutions, SwapKit affiliate fee engine fixes, and unblocking the streaming swap sweep.
✅ Step 8 (final step): Closing out the Network Recovery Proposal (NR1) completely to pivot from defensive recovery back to pure feature delivery.
Track the recovery progress and live metrics on our dashboard: nr1.mayaprotocol.org/
🤖 Made with AI
Update: it passed.
75 of 111 @THORChain nodes voted "YES" (67.6%). The 2/3 bar is cleared.
Next stop: block 28,366,100, around Friday Oct 23. ⚡
The next @THORChain upgrade is being voted on right now.
What's inside v3.21.0?
→ Security patches
→ @monero signing hardening
→ @Zcash v6 signing support
→ @solana reliability upgrades
→ UTXO double-pay protection
→ Swap queue optimisations
→ Affiliate & swap accounting fixes
→ Node & vault migration safeguards
Target: about Fri Oct 23.
Another step closer to $XMR.
Rayyyk retweeted
The next @THORChain upgrade is being voted on right now.
What's inside v3.21.0?
→ Security patches
→ @monero signing hardening
→ @Zcash v6 signing support
→ @solana reliability upgrades
→ UTXO double-pay protection
→ Swap queue optimisations
→ Affiliate & swap accounting fixes
→ Node & vault migration safeguards
Target: about Fri Oct 23.
Another step closer to $XMR.
The next @THORChain upgrade is being voted on right now.
What's inside v3.21.0?
→ Security patches
→ @monero signing hardening
→ @Zcash v6 signing support
→ @solana reliability upgrades
→ UTXO double-pay protection
→ Swap queue optimisations
→ Affiliate & swap accounting fixes
→ Node & vault migration safeguards
Target: about Fri Oct 23.
Another step closer to $XMR.
Rayyyk retweeted
Good timing for a review. Net staked $MET has risen every day of Cycle 3 so far.
> 76M at Cycle 1's close
> 90M at Cycle 2's close
> 129M so far in Cycle 3
More than half of Cycle 3's gain came Oct 7 to 9.
The @MeteoraAG staking base going into Cycle 4 👇
ALT Line chart of cumulative net staked $MET by Referral Staking cycle, 20 Jul to 16 Oct 2026. Launched 20 Jul; 76M at the Cycle 1 close, 90M at the Cycle 2 close and 129M in Cycle 3 to 16 Oct, with a step up from Oct 7 to 9. Net of unstakes.
We kicked off the @MeteoraAG Supercycle by unveiling DLMM Pro.
Behind the scenes, the team also reviewed the Referral Staking Program and worked through more than 2,000 Expert Contributor profiles.
Here’s an update on what’s next: proposals.meteora.ag/t/updat…
See you next week!
Rayyyk retweeted
The latest @THORChain THORSday Article Recap is live.
- Early data for @SwapKitPowered Rev-Share looks promising.
- v3.21 is nearly cut, with $XMR next.
- Dynamic fees will move to volume-based epochs.
- A proposed public quotes vs fills experiment.
blog.thorchain.org/swapkit-r…
The latest @THORChain THORSday Article Recap is live.
- Early data for @SwapKitPowered Rev-Share looks promising.
- v3.21 is nearly cut, with $XMR next.
- Dynamic fees will move to volume-based epochs.
- A proposed public quotes vs fills experiment.
blog.thorchain.org/swapkit-r…
Rayyyk retweeted
Every change to THORChain follows the same path.
It starts with an ADR. Anyone can write one and bring it to the THORChain Discord: a new chain, a fee change, a new feature. Protocol-owned liquidity began as a proposal from a community member.
The proposal gets debated in the open. Developers, node operators and users ask questions, push back and rework the details.
Then the nodes vote. A change passes when 2/3 of active nodes approve it. Today that's 74 of 111 nodes, run by ~56 independent operators. Each node gets one vote.
Bitcoin started on that idea: open to anyone, decided by the network. THORChain keeps building on it.
Rayyyk retweeted
🗺️ ECOSYSTEM RECAP
Here's what happened last week ⤵️
Headline News
REVSHARE is live with @SwapKitPowered. SwapKit gets 20% of the fees THORChain earns on the swaps it routes, and uses it to lower fees and improve quotes.
@RujiraNetwork's app layer stays paused until v3.21, now in stagenet testing.
Launches
@ravnexchange is live in beta, with THORChain delivering native $BTC from day one.
@Thorwallet shipped limit orders.
@vultisig added THORChain node reward history.
@codehans1 introduced Rujira Connect, an offline, private signing extension for hardware wallets.
@RujiraNetwork previewed a new wallet modal, with Trust Wallet and WalletConnect coming soon.
@asgardex released v1.46.1: it fixes max $ADA swaps, adds zero base fee BNB Chain sends, and keeps 0.02 $RUNE for fees on max $RUNE deposits.
Community
@RUNEBondApp counted 111 active nodes after the latest churn, thanks to a wave of new single-node operators.
$RUNE now makes up close to 10% of @unstoppablebyhs's treasury.
@raynalytics built a REVSHARE dashboard tracking the economics on both the THORChain and SwapKit sides.
@GrassRootsio is updating its THORChain docs to explain Mimir, the network's settings, and halt controls.
@redacted_money released a wallet exposure checker that works with THORChain addresses.
Rayyyk retweeted
Thanks to @THORChain for having us on and @raynalytics for this thorough recap.
Recovery is progressing, and Gateway Addresses will only return after an independent audit. That's also the path to a future THORChain integration that will give the community permissionless access to $ZANO.
Read the full recap 👇
The @THORChain x @zano_project Article Recap is live.
A gateway-address exploit forced Zano to restart from before Hard Fork 6.
See how Zano is recovering and what needs to happen before a future THORChain integration:
blog.thorchain.org/zanos-rec…
The @THORChain x @zano_project Article Recap is live.
A gateway-address exploit forced Zano to restart from before Hard Fork 6.
See how Zano is recovering and what needs to happen before a future THORChain integration:
blog.thorchain.org/zanos-rec…
The latest @THORChain THORSday Article Recap is live.
• @CBarraford gave a debrief on the Unchained interview.
• @SwapKitPowered Rev-Share is live.
• v3.21 is in stagenet testing.
blog.thorchain.org/chads-unc…
1/ @THORChain 🤝 @SwapKitPowered
REVSHARE is live!
I've built a new dashboard to track the economics across both THORChain and SwapKit.
Will this partnership drive more swap volume and create more value for both sides? 👇
REVSHARE is live. @SwapKitPowered now gets 20% of the fees THORChain earns on the swaps it routes.⚡️
Until now, the only way for an integrator to earn more was to charge users more. With REVSHARE, the protocol pays them from its own income instead, and SwapKit uses it to lower its fees and offer better quotes. The bet: cheaper swaps bring in more volume than the share costs.
How REVSHARE works:
blog.thorchain.org/adr-029-a…
@Raynalytics built a dashboard to track it:
raynalytics.net/dashboards/r…
2/ The @SwapKitPowered side is fully tracked too.
See the credit balance, where credits are being spent, and the swap volume captured through those discounts.
All the REVSHARE activity in one place.
Rayyyk retweeted
@THORChain allows swaps, not laundering.
Understand the difference.
"All you need is THOR cross-chain."
That's what a launderer told @zachxbt. I asked @cbarraford about it, and he says
@THORChain does no mixing. @tayvano_ says the launderers are in its Discord. 🕵️
youtu.be/hpXXoqOY-8w
