RUNE Price

RUNE is a decentralized liquidity protocol that enables cross-chain cryptocurrency swaps without intermediaries. It uses its native token RUNE to facilitate trades between different blockchain networks. Key features of RUNE include: - Cross-chain swaps: Allows trading between assets on separate blockchains like Bitcoin and Ethereum - Non-custodial: Users maintain control of their funds throughout the swap process - Liquidity pools: Powered by RUNE tokens paired with other assets - Incentivized node operators: RUNE holders can run nodes to earn rewards RUNE serves multiple functions in the ecosystem: - Facilitates cross-chain trades - Provides liquidity to pools - Used for paying network fees - Staked by node operators as collateral As of 2025-07-12, RUNE is ranked #150 with a price of $1.47 and 24h trading volume of $1.86M. It has a circulating supply of 351.47M RUNE and a total supply of 425.49M RUNE. The all-time high was $20.87 on May 19, 2021. RUNE aims to increase interoperability between blockchains and provide decentralized liquidity for the crypto ecosystem. Its innovative cross-chain technology makes it a unique project in the DeFi space.

RUNE was created in July 2019. The project was officially launched on July 23, 2019, marking the beginning of RUNE as a cryptocurrency. Since its inception, RUNE has grown to become an important player in the decentralized finance (DeFi) space, particularly in cross-chain liquidity provision and decentralized exchange services. The native token RUNE plays a crucial role in the THORChain ecosystem, serving as a settlement currency and providing security for the network. As of 2025-07-12, RUNE has a market cap of $517.44M and is ranked 150 among all cryptocurrencies. The current price of RUNE is $1.47, with a 24-hour trading volume of $1.86M. Since its launch, RUNE has seen significant growth and development, establishing itself as a key player in the cross-chain DeFi landscape.

The founders of RUNE are Chad Barraford and Ethan Buchman. Chad Barraford is the lead developer and architect of the RUNE protocol, while Ethan Buchman is a co-founder of Cosmos, the blockchain ecosystem that RUNE is built on. They launched RUNE in 2018 with the vision of creating a decentralized liquidity network for cross-chain asset exchange. The founding team also includes several other experienced blockchain developers and cryptographers who have contributed to the design and implementation of RUNE's innovative technology stack.

RUNE works as a cross-chain liquidity protocol that enables decentralized exchange of crypto assets across different blockchains. Here's how it operates: 1. Liquidity pools: Users provide liquidity by depositing assets into pools, which are paired with RUNE tokens. 2. Cross-chain swaps: When a user wants to swap one asset for another, RUNE acts as the intermediary. The swap happens in two steps - first to RUNE, then to the desired asset. 3. Continuous liquidity: The protocol incentivizes liquidity providers with rewards to ensure constant liquidity. 4. Security: RUNE is bonded at a 2:1 ratio to underwrite assets, enhancing security. 5. Node operators: A network of nodes validates transactions and maintains the protocol. 6. Governance: RUNE token holders can participate in governance decisions. 7. Fee distribution: Transaction fees are distributed to liquidity providers and node operators. This mechanism allows RUNE to facilitate seamless cross-chain asset exchanges without centralized intermediaries, making it a key infrastructure for interoperable DeFi.

RUNE utilizes a unique cross-chain architecture based on the Cosmos SDK. Key technical components include: 1. THORNodes: Validator nodes that secure the network and facilitate cross-chain transactions. 2. Bifrost Protocol: Enables communication between RUNE and external blockchains. 3. CLP (Continuous Liquidity Pools): Provides liquidity for asset swaps using the RUNE token. 4. TSS (Threshold Signature Schemes): Allows secure multi-party computation for managing cross-chain assets. 5. Midgard: An indexing service that aggregates data from the RUNE network. 6. Asgard Vaults: Multi-signature wallets that securely store cross-chain assets. 7. Yggdrasil Vaults: Single-signature wallets used by individual THORNodes. This architecture allows RUNE to facilitate trustless cross-chain swaps and provide liquidity across multiple blockchain networks, with RUNE serving as the native asset that powers the entire ecosystem.

RUNE has an ambitious roadmap focused on expanding cross-chain capabilities and enhancing its decentralized exchange ecosystem. Key future developments include: 1. Continuous integration of new blockchain networks to increase cross-chain liquidity and trading options. 2. Launch of synthetic assets to enable exposure to traditional financial instruments. 3. Implementation of advanced trading features like limit orders and stop-losses. 4. Expansion of lending and borrowing functionalities across multiple chains. 5. Development of a mobile app for easier access to RUNE's DEX and liquidity pools. 6. Ongoing security enhancements and audits to ensure the safety of user funds. 7. Governance improvements to increase community participation in protocol decisions. By 2026, RUNE aims to be a leading cross-chain DEX with support for 20+ blockchain networks. The team projects a potential price of $1.65 by then. Long-term goals include becoming the go-to platform for decentralized cross-chain trading and liquidity provision, with price targets of $2.46 by 2030 and $4.83 by 2035.