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THORSynths Hit $7m 24Hr Volume
March 11, 2022 #News #THORChain

THORSynths Hit $7m 24Hr Volume

Barely 24hrs after THORChain synthetics feature known as THORSynths went live, a volume of approximately $7m has been reached.


The 24hr volume comprises 24hr synth mint and redeem actions.

This metric is observed on the THORSwap.

The top six synth assets by utilization are $DAI, $BUSD, $USDC, $BTC, $ETH and $BTCB indicating that Stable coins so far have taken the lead. Your guess is as good as ours.

THORChain has already given a hint of what is to come next- hardforks and then Luna flood gate.

The cave you fear to enter holds the treasure you seek