Today THORChain Yield (TCY) available for trading on THORSwap and RUJI Trade. The maximum trading volume is observed for the trading pair TCY/RUNE and reaches 6.2 ths. dollars (96% of the total volume across all exchanges). During the week, the minimum price for THORChain Yield (TCY) is fixed on Friday at 0.0707 cents. Currently, the token THORChain Yield is trading in the range of 7.41 cents or 0.00018 kopecks for 1 TCY.
TCY THORChain Yield
Price of THORChain Yield (TCY)
Exchanges where TCY is traded
| Exchange | Pair | Price | Volume, 24h | ||
|---|---|---|---|---|---|
| 1 |
THORChain
|
TCY/RUNE |
$ 0.0749
RUNE 0.1867
|
$ 6,172 | Go |
| 2 |
RUJI Trade
|
TCY/BTC |
$ 0.0725
₿ 0.0000011
|
$ 281 | Go |
| 3 |
RUJI Trade
|
TCY/RUNE |
$ 0.0752
RUNE 0.1869
|
$ 8 | Go |
| 4 |
RUJI Trade
|
TCY/USDC |
$ 0.0754
USDC 0.0754
|
$ 6 | Go |
Calculator TCY
1 TCY = 0.0741 USD
What is THORChain Yield?
10% of all revenue on THORChain, in perpetuity, goes towards TCY tokens. TCY token holders have to stake their tokens in order to access their pro rata share of the revenue. The revenue is paid out in RUNE tokens (the main token of THORChain).
There are no block rewards on THORChain. All the revenue is real, paid by real users. Therefore, the revenue going towards TCY tokens is real and not inflationary.
TCY was created to resolve THORChain's $210 million debt created by THORFi. THORFi was the combination of Lending and Savers features. It was defaulted on in January 2025.
Each $1 of debt was converted into 1 TCY, resulting in 210 million TCY tokens outstanding. This way, creditors received tokens instead of a total loss. Giving them a piece of the network's future revenue, aligning their interests with the protocol, and helping stabilize the network.
Official websites and links for THORChain Yield
There are currently about 5 official links to THORChain Yield websites and social media:
- Website - thorchain.org
- Twitter - twitter.com/thorchain
- Reddit - reddit.com/r/THORChain
- Facebook - facebook.com
- GitHub - github.com/thorchain