CRYPTO MARKET INTELLIGENCE / ASSET DOSSIER

THORChain.

rune · coingecko:thorchain

EVIDENCE · NOT A RECOMMENDATION
This dossier explains why the asset surfaced, what the stored evidence says, what changed, and which limitations remain. Deterministic signals are research questions, not investment conclusions.
Price$0.640432
Market cap$210.39M
Active signals0
Total / circulating1.08×
Longest active streak—
Snapshots compared6

Why it surfaced

No deterministic rule is currently triggered.

What changed

No prior-snapshot signal comparison is available yet.

Latest fundamental observations

MetricPeriodValueObserved
dex volume24h$53.8M2026-10-18T04:36:13.503Z
dex volume30d$2.42B2026-10-18T04:36:13.503Z
dex volume7d$404.69M2026-10-18T04:36:13.503Z
fees24h$58,352.002026-10-18T04:35:58.074Z
fees30d$3.33M2026-10-18T04:35:58.074Z
fees7d$459,435.002026-10-18T04:35:58.074Z
holders revenue24h$540.002026-10-18T04:36:12.168Z
holders revenue30d$28,092.002026-10-18T04:36:12.168Z
holders revenue7d$3,968.002026-10-18T04:36:12.168Z
revenue24h$16,807.002026-10-18T04:36:00.033Z
revenue30d$919,585.262026-10-18T04:36:00.033Z
revenue7d$125,392.002026-10-18T04:36:00.033Z
tvlpoint in time$64.63M2026-10-18T04:35:46.584Z

Historical changes

MetricWindowChangeBoundary
dex volume usd:24h7d-9.91%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:30d7d7.67%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
dex volume usd:7d7d52.03%2026-10-11T04:49:37.444Z → 2026-10-18T04:36:13.503Z
fees usd:24h7d-29.23%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:30d7d5.30%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
fees usd:7d7d29.20%2026-10-11T04:49:24.915Z → 2026-10-18T04:35:58.074Z
holders revenue usd:24h7d-6.57%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:30d7d-4.65%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
holders revenue usd:7d7d54.94%2026-10-11T04:49:36.133Z → 2026-10-18T04:36:12.168Z
market cap usd:point in time7d-6.30%2026-10-11T04:36:39.000Z → 2026-10-18T04:25:49.000Z
revenue usd:24h7d-7.29%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:30d7d5.50%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
revenue usd:7d7d56.92%2026-10-11T04:49:28.176Z → 2026-10-18T04:36:00.033Z
tvl usd:point in time7d-4.17%2026-10-11T04:49:10.103Z → 2026-10-18T04:35:46.584Z

Market snapshot

Circulating supply
328.54M
Total supply
353.9M
Max supply
353.9M
Provider updated
2026-10-18T04:25:49.000Z

Evidence coverage

Verified/provider links
1
Stored fundamental observations
78
Calculated history rows
14
Signal comparison
prior snapshot

Evidence synthesis

Generate or open a cached AI research brief constrained to this dossier's stored evidence, calculations, and limitations.

Open AI research brief

Rule evaluations

revenue growth declining multiple · excluded · no signal

Insufficient actual 30-day revenue or market-cap history

Limits: No observation within 2 days of the 30-day boundary · No observation within 2 days of the 30-day boundary

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

activity growth stagnant market cap · excluded · no signal

Insufficient actual 30-day activity or market-cap history

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

improving tokenholder value capture · excluded · no signal

No observations

Limits: Requires holders revenue and fees at both boundaries

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

peer valuation difference · included · no signal

Eligible, but the configured difference threshold was not met

Limits: A difference is not evidence of mispricing; protocol economics may not be comparable

Inputs and calculation
{
  "inputs": {
    "currentCap": 210393153,
    "latestRevenue": 16807,
    "peerMedian": 35.165599059746924
  },
  "calculation": {
    "annualizedRevenueMultiple": 34.29640014638389,
    "peerMultipleRatio": 0.9752826928417669
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

fundamental deterioration · excluded · no signal

Insufficient actual 30-day fundamental history

Inputs and calculation
{
  "inputs": {},
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

high dilution · included · no signal

Eligible, but dilution threshold was not met

Limits: Supply fields are provider-reported and do not describe unlock timing

Inputs and calculation
{
  "inputs": {
    "circulatingSupply": 328543265,
    "totalSupply": 353898459
  },
  "calculation": {
    "totalToCirculatingRatio": 1.0771745967764703
  },
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

data quality investigation · included · no signal

No provider identity conflict detected

Inputs and calculation
{
  "inputs": {
    "identityConflict": false
  },
  "calculation": null,
  "evaluatedAt": "2026-10-18T04:35:46.584Z"
}

Provenance and raw evidence

Classification evidence
[
  {
    "assetId": "coingecko:thorchain",
    "kind": "sector",
    "value": "decentralized_exchanges",
    "status": "classified",
    "reason": "Canonical mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "412",
    "observedAt": "2026-10-18T04:35:46.584Z"
  },
  {
    "assetId": "coingecko:thorchain",
    "kind": "asset_type",
    "value": "protocol_token",
    "status": "classified",
    "reason": "Canonical type mapping from DeFiLlama category Dexs",
    "sourceProvider": "defillama",
    "sourceRecord": "412",
    "observedAt": "2026-10-18T04:35:46.584Z"
  }
]
Identity relationships
[
  {
    "assetId": "coingecko:thorchain",
    "protocolId": "412",
    "protocolSlug": "thorchain-dex",
    "method": "gecko_id",
    "evidence": "DeFiLlama gecko_id=thorchain",
    "status": "verified_provider_relationship"
  }
]
Research statuses
[
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "analyzable",
    "method": "global",
    "reason": "At least one deterministic screening method is eligible"
  },
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "insufficient_historical_data",
    "method": "global",
    "reason": "One or more historical methods lack actual boundary observations"
  },
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "revenue_growth_declining_multiple",
    "reason": "Insufficient actual 30-day revenue or market-cap history"
  },
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "activity_growth_stagnant_market_cap",
    "reason": "Insufficient actual 30-day activity or market-cap history"
  },
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "improving_tokenholder_value_capture",
    "reason": "No observations"
  },
  {
    "assetId": "coingecko:thorchain",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "status": "excluded_from_method",
    "method": "fundamental_deterioration",
    "reason": "Insufficient actual 30-day fundamental history"
  }
]
Human review decisions
[]
Full fundamental evidence
[
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:316",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-22T21:51:30.762Z",
    "value": 66775446.410973415,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:7295",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 62926,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:7296",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 233189,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:7297",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:32.324Z",
    "value": 1450544,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:14444",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 19216,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:14445",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 64691,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:14446",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:34.223Z",
    "value": 357424.47,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:20758",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 617,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:20759",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 2078,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:20760",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:36.166Z",
    "value": 44480.74,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:23549",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 61846617,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:23550",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 189475586,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "28ba3c2c-c546-48fa-b174-122aa3718807:23551",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-09-22T21:51:38.149Z",
    "value": 1051612894,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:318",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-24T00:45:17.400Z",
    "value": 63763198.38367371,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:7310",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 11091,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:7311",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 214968,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:7312",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-24T00:45:20.664Z",
    "value": 1400701,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:14461",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-24T00:45:22.760Z",
    "value": 54.23,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:14462",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-24T00:45:22.760Z",
    "value": 57092.23,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:14463",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-24T00:45:22.760Z",
    "value": 350585.69999999995,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:20781",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-24T00:45:24.661Z",
    "value": 0,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-24T00:45:24.661Z",
    "value": 1832,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-24T00:45:24.661Z",
    "value": 42187.74,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:23588",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-09-24T00:45:27.067Z",
    "value": 0,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:23589",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-09-24T00:45:27.067Z",
    "value": 162751002,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "643a86d5-0f73-414c-92e0-793343ff7d6c:23590",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-09-24T00:45:27.067Z",
    "value": 1003528271,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:307",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-09-28T02:01:00.253Z",
    "value": 71552223.47854394,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
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    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-09-28T02:01:02.842Z",
    "value": 868678,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-09-28T02:01:02.842Z",
    "value": 1280372,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-09-28T02:01:02.842Z",
    "value": 2554466,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-28T02:01:05.968Z",
    "value": 257397,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-28T02:01:05.968Z",
    "value": 367963.26,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
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  {
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    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-28T02:01:05.968Z",
    "value": 691846.26,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:21036",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-09-28T02:01:07.697Z",
    "value": 8280,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-09-28T02:01:07.697Z",
    "value": 11838,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-09-28T02:01:07.697Z",
    "value": 51945.74,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-09-28T02:01:09.693Z",
    "value": 508392298,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:23894",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-09-28T02:01:09.693Z",
    "value": 836633882,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "c9ebdfa7-8140-48de-9184-9cab30c2f5a7:23895",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-09-28T02:01:09.693Z",
    "value": 1748759896,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:304",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-06T16:53:29.731Z",
    "value": 73451996.28935641,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:7405",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-06T16:53:35.959Z",
    "value": 30741,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
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  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:7406",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-06T16:53:35.959Z",
    "value": 552457,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-06T16:53:35.959Z",
    "value": 3366493,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:14837",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-06T16:53:37.853Z",
    "value": 5757,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
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  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:14838",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-06T16:53:37.853Z",
    "value": 133873,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:14839",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-06T16:53:37.853Z",
    "value": 970386.26,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:21434",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-06T16:53:43.735Z",
    "value": 185,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:21435",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-06T16:53:43.735Z",
    "value": 4314,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:21436",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-06T16:53:43.735Z",
    "value": 50972.740000000005,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24406",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 19818967,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24407",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 407492571,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "a37eade5-b5bd-4300-8bbc-62904da0a3f6:24408",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-06T16:53:44.914Z",
    "value": 2394143612,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:308",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-11T04:49:10.103Z",
    "value": 67442228.81362157,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:7441",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-11T04:49:24.915Z",
    "value": 82458,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:7442",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-11T04:49:24.915Z",
    "value": 355605,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:7443",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-11T04:49:24.915Z",
    "value": 3164561,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:15314",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-11T04:49:28.176Z",
    "value": 18129,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:15315",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-11T04:49:28.176Z",
    "value": 79908,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:15316",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-11T04:49:28.176Z",
    "value": 871679.26,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:22352",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-11T04:49:36.133Z",
    "value": 578,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
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  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-11T04:49:36.133Z",
    "value": 2561,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
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  {
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    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-11T04:49:36.133Z",
    "value": 29461.739999999998,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25424",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 59720657,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25425",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 266190156,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "5fde7da8-3c37-4879-8995-06f079ce2348:25426",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-11T04:49:37.444Z",
    "value": 2244627912,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:309",
    "protocolId": "412",
    "metric": "tvl_usd",
    "period": "point_in_time",
    "observedAt": "2026-10-18T04:35:46.584Z",
    "value": 64633178.97736778,
    "unit": "USD",
    "definition": "DeFiLlama protocol TVL at collection time",
    "sourceUrl": "https://api.llama.fi/protocols",
    "methodology": null
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:6657",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 58352,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:6658",
    "protocolId": "412",
    "metric": "fees_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 459435,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
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    "protocolId": "412",
    "metric": "fees_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:35:58.074Z",
    "value": 3332333,
    "unit": "USD",
    "definition": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyFees",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14616",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 16807,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14617",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 125392,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:14618",
    "protocolId": "412",
    "metric": "revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:00.033Z",
    "value": 919585.26,
    "unit": "USD",
    "definition": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21747",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 540,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21748",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 3968,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:21749",
    "protocolId": "412",
    "metric": "holders_revenue_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:12.168Z",
    "value": 28092,
    "unit": "USD",
    "definition": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
    "sourceUrl": "https://api.llama.fi/overview/fees?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true&dataType=dailyHoldersRevenue",
    "methodology": {
      "UserFees": "All swap, outbound and affiliate fees paid by users when swapping through THORChain (slashing is paid by nodes, not users).",
      "Fees": "Slip-based liquidity (swap) fees paid by users on each chain's THORChain pools, gross outbound fees and slashing fees paid into the Reserve, and affiliate fees charged by interfaces/wallets (affiliate fees are attributed to the THORChain native chain). RUNE block-reward emissions and the native tx fee (counted in the THORChain chain fees adapter) are excluded.",
      "Revenue": "The share of swap fees burned as RUNE (1% since 2026-09-12, 5% before) - value to all RUNE holders - plus protocol-kept income (outbound fees net of the gas reimbursed to nodes, slashing fees, developer fund, marketing fund and the 20% directed into protocol-owned liquidity). The node-bonder share of swap fees is treated as a security cost and the LP, affiliate and TCY shares as supplier payments, so none of those count as revenue.",
      "ProtocolRevenue": "Income kept by the protocol: outbound fees net of the gas reimbursed to nodes, slashing fees paid into the Reserve, plus the 5% developer fund, 5% marketing fund and 20% protocol-owned liquidity taken from swap fees.",
      "HoldersRevenue": "Value to RUNE holders: the share of swap fees burned as RUNE (1% since 2026-09-12, 5% before), permanently removed from supply - the only component that accrues to every RUNE holder.",
      "SupplySideRevenue": "Value paid to suppliers: the node-operator (RUNE bonder) share of swap fees set by the Incentive Pendulum (a security cost), the liquidity-provider share of swap fees (LP side of the Incentive Pendulum), affiliate fees passed through to integrators, the 10% of swap fees paid to TCY stakers, and the outbound gas costs reimbursed from the Reserve to nodes."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24895",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "24h",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 53803563,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24896",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "7d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 404694892,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  },
  {
    "id": "ea9bc80d-ba5e-4ad0-98fd-0db73fa06c1a:24897",
    "protocolId": "412",
    "metric": "dex_volume_usd",
    "period": "30d",
    "observedAt": "2026-10-18T04:36:13.503Z",
    "value": 2416896760,
    "unit": "USD",
    "definition": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price.",
    "sourceUrl": "https://api.llama.fi/overview/dexs?excludeTotalDataChart=true&excludeTotalDataChartBreakdown=true",
    "methodology": {
      "UserFees": "Swap fees paid by users",
      "Fees": "Swap fees paid by users",
      "Revenue": "Percentage of swap fees going to treasury and/or token holders",
      "ProtocolRevenue": "Percentage of swap fees going to treasury",
      "HoldersRevenue": "Money going to governance token holders",
      "SupplySideRevenue": "Liquidity providers revenue",
      "Volume": "Total USD value of swaps executed through THORChain's liquidity pools, sourced from THORChain Midgard. Every swap routes through native RUNE and settles on the THORChain L1, so volume is reported on the THORChain chain. Daily RUNE-denominated swap volume is converted to USD using that day's RUNE price."
    }
  }
]