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THORChain

Swap with THORChain

Native Bitcoin swaps, streaming execution, deepest cross-chain liquidity

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No route for 60000 USDT. Try a different amount or pair.

When does LeoDex route through THORChain?

LeoDex routes through THORChain for native Bitcoin swaps, large cross-chain trades where pool depth matters, and streaming swaps that optimize price over 10-30 minutes. If you are swapping BTC, ETH, or stablecoins and want the deepest liquidity with no wrapped tokens, THORChain is typically the best route. It is the largest decentralized cross-chain settlement layer by volume.

0%

KYC required

10+

chains

BTC

BTC swaps

Streaming Swaps

THORChain streaming swaps split a single large trade into many smaller sub-swaps executed over time. This reduces price impact on deep liquidity pools and can improve your output by up to 5% on large trades. LeoDex automatically detects when streaming would improve your rate and offers it as the 'Price Optimized' option in the Swap Mode selector. Streaming swaps typically take 10-30 minutes to complete, with each sub-swap settling on-chain independently. You can track every sub-swap in real-time via the LeoDex transaction tracker.

5%

better output

10-30m

execution time

THORChain Supported Assets

Popular THORChain Swaps

Frequently Asked Questions

What is a THORChain streaming swap?

A streaming swap splits your trade into multiple smaller sub-swaps executed over time. This reduces price impact on the liquidity pool and typically results in 1-5% better output for large trades. On LeoDex, streaming is offered as the 'Price Optimized' swap mode when it would improve your rate.

Can I swap Zcash (ZEC) on THORChain?

Yes. THORChain opened a native ZEC pool in October 2026. It accepts deposits from transparent ZEC and pays out to transparent Zcash addresses (t1, t3 or tex1), not shielded u1 or zs addresses. While the pool is still filling, LeoDex shows its depth and a recommended trade size on the route; for shielded payouts, use the NEAR Intents or Maya route.

Why is my THORChain swap taking 20+ minutes?

If you selected streaming (Price Optimized) mode, your swap is being executed as multiple sub-swaps over time for a better rate. Each sub-swap settles independently on-chain. You can track progress in real-time on LeoDex. Normal (Time Optimized) swaps typically complete in 30-90 seconds.

What is the minimum swap amount on THORChain?

THORChain has a dust threshold that varies by asset. For Bitcoin, the minimum is typically around 0.0001 BTC. For Ethereum, around 0.001 ETH. Swaps below these thresholds may be rejected or refunded by the protocol.

Why was my THORChain swap refunded?

THORChain refunds swaps when the slip limit is exceeded (price moved too much during execution), when a chain is halted for maintenance, or when the swap amount is below the dust threshold. Refunds return your original assets to your source address, minus network gas fees.

What affiliate fees does LeoDex charge on THORChain swaps?

LeoDex charges a 0.45% affiliate fee on THORChain swaps routed through the main leodex.io interface. The dedicated THORChain interface at thorchain.leodex.io charges 0% affiliate fees. The underlying THORChain protocol fee (liquidity fee based on pool depth) applies in both cases.

Can I swap native Bitcoin on THORChain without wrapping it?

Yes. THORChain is one of the only protocols that enables truly native Bitcoin swaps. Your BTC stays as real BTC throughout the process. There is no wrapping, no bridging, and no custodial intermediary. You send BTC from your Bitcoin wallet and receive the destination asset in your wallet on the target chain.

Learn About THORChain

"Protocol Spotlight #2: LeoDex has been flying under the radar - but that won't last long."

— THORChain

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