CryptoHistoryBook
Not financial advice. This is history and education only. We make no buy or sell recommendations and no price predictions.
THORChain logo RUNE

THORChain: history, founders and key events

From 2018 to today, every major rally, crash and upgrade, each with a dated, sourced price.

Open the interactive timeline
3dated events
3years covered
2232daily closes charted
3source links

Latest close in our data: $0.647 (Binance RUNE/USDT daily close, 2026-10-14).

Launched2018
Consensus or platformProof of stake (Cosmos SDK)
Circulating supply328.6 million (CoinGecko, Oct 14, 2026)
Max supply353.9 million (CoinGecko)

Origin story

THORChain is a chain that lets users swap native coins across blockchains, such as real BTC for real ETH, without wrapped tokens. It was built by a mostly pseudonymous team and uses RUNE as the asset paired in every pool.

Its multi chain mainnet launched in 2021, and it suffered several costly exploits that year.

Founders: A pseudonymous team; John-Paul Thorbjornsen is a known contributor.

THORChain price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Binance RUNE/USDT daily closes 2020-09-04 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

Browse by year

202020212026

Key events

  1. Sep 4, 2020milestone
    First daily close in our data $0.8183 (Binance RUNE/USDT daily close, 2020-09-04)
    Our sourced RUNE price history begins on this day.
  2. May 18, 2021rally
    Highest close in our data $20.34 (Binance RUNE/USDT daily close, 2021-05-18)
    The highest daily close for RUNE in our price history.
  3. Jun 5, 2026crash
    Lowest close after the peak $0.321 (Binance RUNE/USDT daily close, 2026-06-05)
    The lowest RUNE close in our data after its highest close.

Updated

Sources

Facts written in our own words. Last checked Oct 14, 2026.