THORChain
THORChain is a cross-chain liquidity network and native-asset exchange protocol. It is included because two ETH Router exploits in July 2021 caused a combined protocol insolvency of about $16 million, and a separate May 2026 GG20 TSS exploit drained approximately $10.7 million from an Asgard vault. Normal trading remained temporarily paused at the latest review.
Bridge facts
- Canonical name
- THORChain
- Type
- Interoperability Protocol
- Status
- Paused
- Confidence
- High
- Primary chains
- THORChain, Bitcoin, Ethereum, BNB Chain, Avalanche, Unknown
- Primary assets
- BTC, ETH, USDC, USDT, WBTC, DAI, Unknown
- Operator
- THORChain node operators and contributors
- Ecosystem
- THORChain
- Launch date
- Unknown
- End date
- Unknown
- Terminal reason
- Not applicable / unknown
- Last reviewed
- 2026-06-15
- Last verified
- 2026-06-15
Incident cases
THORChain 2026 GG20 TSS vault exploit2026-05-15
In May 2026, a newly churned node operator exploited a vulnerability in THORChain's GG20 threshold-signature implementation, reconstructed a vault private key, and drained approximately $10.7 million from one Asgard vault across multiple chains.
THORChain 2021 ETH Router exploit 22021-07-22
A second July 2021 attack used a fake router and malicious refund memo to make Bifrost accept a fabricated deposit event, draining economically significant ERC-20 assets from THORChain's Ethereum-side liquidity.
THORChain 2021 ETH Router exploit 12021-07-15
In July 2021, an attacker used a contract positioned in front of THORChain's ETH Router to make Bifrost report deposits that had not actually been received, ultimately draining ETH and contributing to protocol insolvency.
Evidence records
- Post-Mortem: ETH Router Exploits 1 & 2, and Premature Return to Trading IncidentTHORChain · Tier 1 · 2021-07-30
- THORChain - REKTRekt · Tier 3 · 2021-07-16
- Post-Mortem: ETH Router Exploits 1 & 2, and Premature Return to Trading IncidentTHORChain · Tier 1 · 2021-07-30
- THORChain Incident Analysis - July 23, 2021Halborn · Tier 1 · 2021-07-23
- THORChain - REKT 2Rekt · Tier 3 · 2021-07-26
- THORChain Exploit Report #1THORChain · Tier 1 · 2026-05-20
- THORChain Exploit Drains $11M Across at Least Nine Chains: What TRM Knows NowTRM Labs · Tier 1 · 2026-05-21
- THORChain - REKT IIIRekt · Tier 3 · 2026-05-21
Official URL status
Official URL recorded as live: https://thorchain.org/