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THORChain Launches Native Zcash Swaps

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THORChain said native Zcash swaps are now live, letting users trade ZEC across supported blockchains without wrapped tokens or a centralized exchange. A separate note described the rollout as a soft launch with more than $50,000 in liquidity and support for trading ZEC against Bitcoin, Ether and stablecoins while the pool is monitored and expanded.

Key claims & sources

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THORChain said native Zcash swaps are now live, so ZEC can be exchanged with assets on other supported blockchain networks without wrapped tokens or a centralized exchange.
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The rollout was described as a soft launch with more than $50,000 in liquidity.
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The soft launch included ZEC trading against Bitcoin, Ether and stablecoins.

What it means

Users who want to move between ZEC and other supported assets can see a live option today rather than a future one. The change is visible in the trading flow, because ZEC swaps are now active on THORChain instead of only being announced as planned.

In practice, the launch opens ZEC trading against Bitcoin, Ether and stablecoins in a soft-launch setting with more than $50,000 of liquidity. What stays the same is that the pool is still being monitored and expanded, so the setup is not described as a full, finished rollout yet.

What remains open is how the ZEC market on THORChain develops after the soft launch, because the details stop at the current liquidity and the assets already supported. A later update showing a larger pool or a broader list of supported pairs would settle how far the launch has progressed.

Market reaction i

THORChainRUNE it is the asset of the company or protocol in the event
first headline
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+2.0% 4 h after
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Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 8 18:00
Crypto Economy scoop
Breaks the event
+39 min
Oct 8 18:39
CP CryptoPotato echo
No new facts: release, press

Has this happened before?

WhenWhat happenedFigure
29 days ago THORChain Completes ZEC Integration, Bringing Native Zcash to Cross-Chain Swaps event 2 actors in common · 2 news media
35 days ago THORChain launches Zcash pool, trading comes next event 2 actors in common · 3 news media
30 days ago Quantum-proof network Quantus debuts its QTC token on Near – Details event 1 actors in common · 3 news media
32 days ago Zcash activates NU7 network upgrade on testnet at block height 4,465,026 event 1 actors in common · 9 news media
37 days ago Zcash September Rally Precedes Gemini Infrastructure Move Ahead of Planned NU7 Upgrade event 1 actors in common · 3 news media