THORChain has launched THORXMR, a frontend that allows users to trade mainstream cryptocurrencies permissionlessly with privacy features, according to an announcement on X. Monero listing is planned for a future date.
THORChain is a decentralized cross-chain liquidity protocol that allows swaps between different blockchains without intermediaries. The THORXMR launch represents an expansion of trading pairs available on the network, extending beyond its native RUNE token to include assets from external chains.
The permissionless design means users can access the frontend without KYC requirements or geographic restrictions. The privacy angle targets users seeking to trade without surveillance of transaction details, a use case traditionally associated with Monero and privacy-focused cryptocurrencies.
THORChain's ecosystem continued expanding this week with other launches. Unstoppable, a wallet interface built on THORChain, published a security audit from CertiK. The RUNEBond app, which allows node operators to manage slashing risk, released a monitoring dashboard showing per-churn slashing costs, RUNE rewards lost, and node performance versus network averages. The dashboard remains in beta.
Ctrl Wallet, another interface in the THORChain ecosystem, will shut down operations on August 3. Swapping, sending, receiving, and decentralized app connections will cease, though users will retain access to recovery phrase exports.
ThrorChain governance is also weighing longer-term infrastructure proposals. Rujira Network submitted ADR-031, an alignment proposal still in early discussion stages on the protocol.
