The decentralized liquidity protocol said March brought record monthly trading volume, while some Bitcoin maxis still have reservations about borrowing on the protocol.
The decentralized liquidity protocol THORChain has notched more than $10 billion in total monthly trading volume for the first time in history. However, Bitcoin (BTC) maximalists are divided on whether the platform offers enough safety to potential borrowers.
In a March 27 post to X, the official social media account for THORChain announced the milestone, with Runscan data showing that the protocol has since notched $10.26 billion this month.
In a series of follow-up comments and posts, a debate between Bitcoin maximalists broke out over THORChain’s security and potential pitfalls for Bitcoiners looking to take out interest-free loans against their BTC using the platform.
