THORChain Launches Native Zcash Swaps
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.
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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.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 14 days ago | THORChain launches Zcash pool, trading comes next event | 2 actors in common · 3 news media |
| 9 days ago | Zcash Shielded Pools Hold About 4.94 Million ZEC event | 1 actors in common · 2 news media |
| 12 days ago | Zcash activates NU7 network upgrade on testnet at block height 4,465,026 event | 1 actors in common · 9 news media |
| 17 days ago | Zcash September Rally Precedes Gemini Infrastructure Move Ahead of Planned NU7 Upgrade event | 1 actors in common · 3 news media |