THORChain has resumed trading after more than five weeks offline, the decentralized cross-chain liquidity protocol announced Tuesday, ending a shutdown triggered by an exploit in May.
Signing, churning, liquidity provider actions, and swaps are all live again, the protocol said via an X post.
THORChain (RUNE) describes itself as the world's leading Bitcoin (BTC) decentralized exchange, enabling users to swap native assets across different blockchains without wrapping or bridging through a centralized intermediary.
THORChain paused trading on May 15 after blockchain investigator ZachXBT and security firm PeckShield flagged a suspected exploit across Bitcoin, Ethereum, BNB Chain, and Base.
$10.7 million drained
