coin-img-ETHETH-2.59%coin-img-SOLSOL-4.08%coin-img-BTCBTC-0.57%coin-img-XRPXRP-1.14%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-1.10%coin-img-SUISUI-5.40%coin-img-NEARNEAR-9.27%coin-img-ETHETH-2.59%coin-img-SOLSOL-4.08%coin-img-BTCBTC-0.57%coin-img-XRPXRP-1.14%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-1.10%coin-img-SUISUI-5.40%coin-img-NEARNEAR-9.27%coin-img-ETHETH-2.59%coin-img-SOLSOL-4.08%coin-img-BTCBTC-0.57%coin-img-XRPXRP-1.14%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-1.10%coin-img-SUISUI-5.40%coin-img-NEARNEAR-9.27%coin-img-ETHETH-2.59%coin-img-SOLSOL-4.08%coin-img-BTCBTC-0.57%coin-img-XRPXRP-1.14%coin-img-USDCUSDC+0.02%coin-img-HYPEHYPE-1.10%coin-img-SUISUI-5.40%coin-img-NEARNEAR-9.27%

THORChain rolls out native Zcash swaps after 3.20 upgrade

AI Market Summary
THORChain's 3.20 upgrade has activated native Zcash (ZEC) swaps, enabling direct ZEC trading versus BTC, ETH and stablecoins without wrapped assets or centralized custody. While the ZEC pool is initially small (~$50k) and in soft-launch, the added cross-chain venue can improve accessibility and liquidity formation for ZEC. The new Protocol Owned Liquidity mechanism may deepen pools over time by recycling 20% of liquidity fees.
Impact level
● Medium
Affected assets
ZEC/USDT+0.25%
AI Insight · ZEC/USDTAI Insight
▲ Bullish
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THORChain has launched native Zcash (ZEC) swaps following its 3.20 mainnet upgrade, enabling users to exchange ZEC directly for assets such as Bitcoin, Ethereum and stablecoins without wrapped tokens or centralized custodians. The Zcash liquidity pool currently holds more than $50,000 and has begun processing live swaps, while remaining in a monitored soft-launch phase. The upgrade also introduced Protocol-Owned Liquidity, which redeploys 20% of liquidity fees into protocol-supported pools when conditions are met. With Zcash added, THORChain now supports 14 blockchains in its cross-chain liquidity network.
RUNE
RUNE-5.39%
ZEC
ZEC+0.17%
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