Developers
Use cases
Knowledge hub
Background
LI.FI knowledge hub
the problem

LI.FI Integrates THORChain Through SwapKit for EVM Chains & Native Bitcoin (soon)

TL;DR – THORChain is now supported via LI.FI’s tech stack.

Mathis Ruff

We’re excited to announce that LI.FI now supports THORChain, a decentralised cross-chain liquidity protocol, through the integration of SwapKit, to allow users to swap native assets across multiple chains!

With the integration, dApps building on top of LI.FI can enable users to enjoy seamless cross-chain swaps of native assets between Ethereum, BSC, and Avalanche with support for native Bitcoin swaps coming in Q3.

LI.FI’s aggregation stack now supports 35 DEXs, DEX aggregators, Solvers & 18 bridges across 26 chains to power cross-chain strategies.

If you’re a builder looking to support cross-chain swaps for native assets, you can check out our docs here.

ArticleImg

What is THORChain?

THORChain is a decentralised cross-chain liquidity protocol that utilises the Tendermint consensus engine, Cosmos-SDK state machine, and GG20 Threshold Signature Scheme (TSS). It operates as an independent Layer 1 cross-chain decentralised exchange (DEX) built on the Cosmos SDK. 

THORChain allows users to swap native assets across multiple chains without the need for wrapped or pegged assets. It ensures transparent and fair prices without relying on centralised third parties. The protocol features continuous liquidity pools that maximise efficiency. It does not peg or wrap assets, it manages funds directly in on-chain vaults, and secures those funds using economic security. It could be described as a "cross-chain automated market maker (AMM), like Uniswap".

To learn more about THORChain check out their,

ArticleImg

What is SwapKit?

SwapKit offers a composable, user-friendly API + SDK that makes THORChain integration easy- empowering any dApp to go multi-chain in less than 100 lines of code.

SwapKit comes with the benefits of streamlined affiliate fees, improved quotes & gas pricing, robust wallet connectivity, and DEX aggregation enabling swaps between 5,500+ crypto assets across 14 blockchains in a single transaction.

Powering leading protocols such as THORSwap, KeepKey, Onekey and more, SwapKit abstracts the complexity of integrating THORChain services with a battle-tested infrastructure for cost-effective, enterprise-level performance.

To learn more about SwapKit check out their,

ArticleImg

What Is LI.FI?

LI.FI is a middleware solution connecting 25 EVM chains and Solana via 18 bridges, 25 DEXs, 8 DEX aggregators, 3 Solver networks (and growing).

LI.FI’s product portfolio features sophisticated white-label B2B solutions that not only allow same-/cross-chain swapping capabilities but also grant arbitrary contract calls for the implementation of advanced cross-chain strategies such as yield aggregation, LP-zapping, NFT purchasing, and many more.

We believe Web3 needs to be made available not only for the next billion users but also for the next million developers to build on it.

Our SDK is the ultimate cross-chain money lego for dApps to build on top of or plug into themselves.

  • We've integrated multiple fallback bridges + DEXs so that you don't have to

  • We maintain bridges + DEXs so that you don't have to

  • We choose the best bridges based on our research so that you don't have to (positioning ourselves neutral)

For some examples of how LI.FI works. Check out:

FAQ: LI.FI Integrates THORChain Through SwapKit for EVM Chains & Native Bitcoin (soon)

Get Started With LI.FI Today

Enjoyed reading our research? To learn more about us:

Disclaimer: This article is only meant for informational purposes. The projects mentioned in the article are our partners, but we encourage you to do your due diligence before using or buying tokens of any protocol mentioned. This is not financial advice.

Why LI.FI is Excited about Eclipse & The Modular Future

A Primer on Bitcoin L2s