Overview
THORSwap is a decentralized swapping interface built around the THORChain ecosystem principles, enabling users to swap native assets such as ETH and BTC directly and permissionlessly. The platform emphasizes native-asset swaps, token utility for $THOR and $vTHOR, and features that let users tailor the execution of trades. The web app is wallet-integrated and surfaces fee structures, slippage protections, and transaction speed options to balance cost versus execution timeliness.
Core Capabilities
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Native Cross-Chain Swaps: Perform swaps between native assets (for example, ETH to BTC) without relying on wrapped or custodial tokens.
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Zero Fee Utility for Specific Tokens: Enjoy a 100% fee discount when swapping to $THOR and $vTHOR, incentivizing use and on-chain utility for those tokens.
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Staking & Rewards: Stake tokens to earn fee-share rewards and receive trading discounts, aligning incentives between liquidity providers, token holders, and traders.
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Customizable Transaction Settings: Control transaction speed (Normal/Fast/Fastest), toggle Expert Mode, set a custom recipient, and adjust slippage protections.
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Transparent Fee Breakdown: View network fees, liquidity fees, and exchange fees directly in the interface so users can understand the cost components of each swap.
Main Features
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Fee-Free Purchases for $THOR & $vTHOR: The platform promotes token utility by offering a complete fee waiver on swaps into these tokens, making purchases more attractive and lowering entry barriers for users seeking THOR exposure.
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Stake to Earn and Discount: Users can stake assets to obtain fee-share distributions and unlock trading fee discounts, creating an economic loop between liquidity provision and reduced trading costs.
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Advanced Transaction Controls: A variety of execution options are exposed — speed settings (Normal, Fast, Fastest), Expert Mode toggles, and the ability to assign a custom recipient address — giving experienced users more control.
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Price Protection & Slippage Settings: Built-in price protection (e.g., a default 3% protection) and explicit minimum-received calculations help traders avoid adverse execution in volatile markets.
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Wallet Integration & UX: Seamless wallet connectivity (including support for passkey-enabled wallets) and an intuitive swap interface make the platform accessible for both newcomers and advanced users.
How It Works
A user connects a compatible wallet, selects the source and target assets (for example, ETH to BTC), and reviews the estimated output and fees. The app shows a breakdown including network fee, liquidity fee, and exchange fee. For swaps to $THOR or $vTHOR the exchange fee is displayed as FREE. Users can choose transaction speed to prioritize cost savings or faster confirmation, enable Expert Mode for advanced operations, and set slippage tolerance or price protection to control downside. Staking options are available within the ecosystem to earn fee-shares and reduce future trading costs.
Why Use THORSwap
THORSwap is recommended for users seeking native-asset, cross-chain swaps without relying on wrapped tokens or custodial intermediaries. The platform’s emphasis on token utility via fee discounts for THOR-family tokens and a clear reward mechanism for stakers creates tangible incentives to participate. Additionally, the transparent fee presentation and granular transaction settings empower traders to balance cost, speed, and execution certainty. Whether you are a liquidity provider interested in fee-share rewards or a trader looking for straightforward native swaps and configurable protections, THORSwap provides a concise, utility-driven experience.
Security and Considerations
While THORSwap promotes decentralized, non-custodial swaps, users should always verify contract interactions, ensure wallet security, and be mindful of slippage and network congestion which can affect final receipts. Using Expert Mode and custom recipient settings can be powerful but should be used carefully by experienced users only.
Conclusion
THORSwap combines native cross-chain swap mechanics, token-based fee incentives, staking rewards, and transparent transaction controls into a single interface. Its emphasis on $THOR/$vTHOR utility, configurable execution options, and clear fee visibility make it a practical choice for those wanting direct swaps between major native assets while participating in the broader THORChain-driven liquidity and rewards ecosystem.
