Share this article
Decentralized Exchange THORSwap Introduces New Feature Aimed at Better Price Execution for Large Trades
Called Streaming Swaps, the feature is designed to improve capital efficiency for decentralized finance users who want to execute large trades.
Updated Aug 2, 2023, 3:23 p.m. Published Aug 2, 2023, 2:57 p.m.
THORSwap – a multichain decentralized exchange aggregator – introduced yesterday Streaming Swaps, a new feature aimed at reducing slippage and getting better price execution for large decentralized finance (DeFi) trades.
Slippage, the difference between a trade’s expected price and the actual price at which the transaction is executed, typically transpires when volatility is high or market liquidity is low.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Before the introduction of Streaming Swaps, if a crypto user wanted to execute a large trade and achieve lower slippage on THORChain, they would have to manually divide the swap into several smaller transactions, resulting in higher gas fees. With the new feature, large swaps are broken down internally on THORChain, resulting in a single outbound transaction, “allowing for potentially a more favorable average price,” according to a blog post.
Streaming Swaps is aimed at attracting new users, liquidity and volume as “the goal is to outperform centralized exchanges (CEX) in speed, privacy and price execution,” per the blog post.
RUNE, the native token for THORChain has increased almost 1% in the past 24 hours to 93 cents, per CoinGecko. Its total value locked stands at roughly $90 million, data from DefiLlama shows.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
