Skip to main content

Three Years of THORChain at ShapeShift: Achievements and Innovations


ShapeShift Celebrates Its Milestone with THORChain

Three years ago, ShapeShift made a significant move by integrating THORChain into its platform, marking a pivotal moment in its mission to enhance cryptocurrency trading. This integration was not merely an addition of a new feature but a transformation that opened up new avenues for users to engage with cryptocurrencies in innovative ways.

Reflecting on Key Milestones

Since integrating THORChain in 2021, ShapeShift has evolved into a leading platform for secure, decentralized cross-chain transactions. This feature has enabled users to effortlessly trade across major blockchains like Bitcoin and Ethereum without relying on centralized exchanges, establishing ShapeShift as a top choice for decentralized finance (DeFi) enthusiasts.

Introducing Exciting New Features

As ShapeShift celebrates this anniversary, it continues to innovate by introducing several new features designed to enhance the user experience:

  • Zero-Fee Liquidity Provision Under $2k: ShapeShift now allows users to provide liquidity with zero fees for deposits under $2,000 across all THORChain pools, making DeFi more accessible to a broader audience.
  • Expansion of Liquidity Pools: The platform has expanded its offerings by integrating new liquidity pools, providing users with more options and flexibility in their DeFi activities.
  • Simplified Borrowing Options: Through THORChain Lending, users can now borrow ETH against BTC and vice versa, which adds a new layer of strategic financial management to the platform.
  • Enhanced Trading Capabilities: ShapeShift has upgraded its trading features, allowing for smoother and more secure transactions across blockchain networks directly from users’ wallets.
  • Continued Innovations: The platform is also introducing Savers Vaults and enhanced THORChain Streaming Swaps, among other innovations, to continue improving its suite of DeFi tools.

Looking Forward

ShapeShift’s journey with THORChain over the past three years has been transformative, significantly enhancing the DeFi experience for its users. As ShapeShift continues to explore new horizons, its commitment to innovation remains unwavering.

Acknowledging Community Support

ShapeShift extends its gratitude to the ShapeShift and THORChain communities, whose enthusiasm and feedback have been instrumental in shaping the platform’s evolution. Looking ahead, ShapeShift is committed to pushing the boundaries of what is possible in DeFi, ensuring it remains a trusted partner in the ever-evolving DeFi landscape.

buy bitcoin instantly on ShapeShift and start your DeFi journey today!