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