THORChain Yield (TCY) #640

THORChain Yield

TCY
Price of 1 THORChain Yield today (26 September)
$ 0.1946
Market Cap
$ 36.1M
+13%
#791
FDV
$ 40.9M
Trading Volume, 24h
$ 67.8K
+4%
Dominance
0.0011%
In circulation TCY
185 616 711 88%
Max supply
210 000 000
Price Min/Max
24 hrs
$ 0.173
$ 0.195
30 days
$ 0.132
$ 0.197
1 year
$ 0.0614
$ 0.226
TCY Sectors:
THORChain Yield belongs to the sectors:

Exchanges where TCY is traded

Exchange Pair Price Volume, 24h
1 RUJI Trade (Rujira) 1.0 TCY/BTC
$ 0.18
₿ 0.0000021 spread 0.02%
$ 23 60413h ago Buy
2 RUJI Trade (Rujira) 1.0 TCY/BTC
$ 0.18
₿ 0.0000021 spread 0.02%
$ 23 60413h ago Buy
3 RUJI Trade (Rujira) 1.0 TCY/USDC
$ 0.181
USDC 0.1808
$ 7 98113h ago Buy
4 RUJI Trade (Rujira) 1.0 TCY/USDC
$ 0.181
USDC 0.1808
$ 7 98113h ago Buy
5 RUJI Trade (Rujira) 1.0 TCY/RUNE
$ 0.181
RUNE 0.2796 spread 0.01%
$ 5 98013h ago Buy
6 RUJI Trade (Rujira) 1.0 TCY/RUNE
$ 0.181
RUNE 0.2796 spread 0.01%
$ 5 98013h ago Buy

Today THORChain Yield (TCY) only traded on RUJI Trade. The maximum trading volume is observed for the trading pair TCY/BTC and reaches 47.2 K dollars (63% of the total volume across all exchanges). During the week, the minimum price for THORChain Yield (TCY) is fixed on Wednesday at 0.166 cents. Currently, the token THORChain Yield is trading in the range of 19.46 cents or 16.42 ruble for 1 TCY.

Calculator TCY

TCY
USDT

1 TCY = 0.195 USD

Developer activity

thorchain

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:

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