Thorchain network restored, trading resumes after month-long halt

Decentralized exchange (DEX) Thorchain (RUNE) announced on X that its network has been fully restored and trading has resumed. Core functions, including swaps and liquidity provision, are now fully operational. Thorchain explained that during the recovery process, it prioritized stability over speed, inspecting all vaults and keyshares. The project added that it plans to launch a native Monero (XMR) swap feature, support Zcash (ZEC), introduce dynamic fees, and expand liquidity. Thorchain had suspended all swap and trading functions last month after a hack resulted in losses of approximately $10 million.