1 RUNE = ₺14.19 Turkish Lira 1 TRY Turkish Lira = 0.07045 RUNE
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View ChartRune (RUNE) is the native utility and governance token of THORChain, a decentralized cross-chain liquidity protocol that enables users to swap native assets between different blockchains without the need for wrapped tokens or centralized intermediaries.
Key takeaways
Rune (RUNE) is the lifeblood of the THORChain ecosystem, functioning as its settlement asset, security bond, and governance instrument.
| Item | Details |
|---|---|
| Name (Ticker) | Rune (RUNE) |
| Alternative Names | THORChain Rune |
| Consensus Mechanism | Tendermint-based Proof-of-Stake (PoS) |
| Smart Contracts | Native Cosmos SDK modules; Chain-specific integrations (e.g., Ethereum, BNB Chain) via network bridges. |
| Category | DeFi, Cross-Chain Liquidity |
| Hash Algorithm | N/A (PoS) |
| Block Reward | Block rewards are paid in RUNE to liquidity providers and node operators (validators). |
| Max Supply | 500,000,000 RUNE |
| TPS | Varies; designed for high throughput suitable for decentralized exchange operations. |
| Scaling Solution | Native Cosmos SDK application-specific blockchain. |
| Blockchain | THORChain (its own blockchain built with Cosmos SDK) |
THORChain and its RUNE token were developed by a pseudonymous team of developers. The project is governed by a decentralized autonomous organization (DAO) consisting of RUNE token holders, node operators, and liquidity providers. The core development and vision were led by anonymous figures within the crypto community, with the project emphasizing decentralization and community ownership from its inception. The THORChain mainnet launched in April 2021 after extensive testing and security audits.
THORChain operates as an independent blockchain (built using the Cosmos SDK) that acts as a cross-chain liquidity router. It doesn't hold user funds but instead coordinates liquidity pools that exist on each connected chain (like Bitcoin, Ethereum, BNB Chain). Here锛妔 how RUNE is central to this mechanism:
RUNE's value proposition is tightly interwoven with THORChain's core functionality, creating a unique economic model in DeFi.
The RUNE token has several critical utilities within the THORChain ecosystem:
RUNE is a popular cryptocurrency listed on many exchanges. However, we recommend using a major platform like BTCC for higher liquidity and robust customer support.
To minimize costs, traders should look for ""Maker/Taker"" fees.
BTCC - Stands out as one of the lowest-fee exchanges in the industry, particularly for derivatives. Futures trading fees can be as low as 0.01%, making it a preferred choice for high-frequency or high-volume traders who want to preserve their capital."
Buying RUNE with TRY is supported by most major, regulated exchanges. The best platform depends on your deposit method:
BTCC- A reliable veteran exchange (operating since 2011) where you can easily deposit fiat currency via credit cards or bank transfers to buy USDT. Once your account is funded, you can instantly swap for RUNE/USDT pairs.
To quickly convert RUNE to TRY, you need a platform that offers “instant exchange” or “one-click sell” features.
The cryptocurrency calculator and exchange tool on BTCC provides instant valuations for exchanging RUNE for TRY.
To help users understand the “real-world” value of Rune, BTCC allows you to compare your RUNE balance to everyday items such as a monthly salary, an iPhone, or a barrel of crude oil. For new investors assessing their purchasing power, this contextual data is extremely valuable."
Trading RUNE/TRY involves speculating on its price movement. Follow these steps to start:
Fund Your Account: Deposit TRY or RUNE into your BTCC account.
Navigate to the Market: Go to the "Trade" section and select the RUNE/TRY trading pair.
Analyze the Chart: Use our professional trading charts and indicators to inform your decision.
Place Your Trade Order:
To Buy (Go Long): If you believe the price will rise, place a buy order.
To Sell (Go Short): If you believe the price will fall, you can open a short position (available in derivatives trading like futures).
Set Order Parameters: Choose between Market, Limit, or Stop orders based on your strategy, enter the amount, and confirm the order.
Manage Your Trade: Monitor your open positions and use Stop-Loss/Take-Profit orders to manage risk automatically.
For detailed guides on each order type and risk management, please visit our Help Center
Yes, absolutely. BTCC supports multiple ways to gain exposure to Rune(RUNE) using TRY, from simple purchases to advanced trading strategies.
You can:
Buy Instantly: Use our "Buy Crypto" feature with a linked debit/credit card or bank transfer to purchase Rune directly.
Trade on the Spot Market: Deposit TRY and place a buy order on the RUNE/TRY spot trading pair using market or limit orders, taking direct ownership of the RUNE.
Trade RUNE/TRY Futures: For more advanced strategies, you can trade RUNE/TRY perpetual or dated futures contracts. This allows you to speculate on Rune's future price movements with leverage, enabling potential profits from both rising and falling markets without needing to hold the underlying asset directly.
To perform your RUNE to TRY conversion on BTCC:
Access your account by signing in, or create a new BTCC account if needed.
Go to the trading interface and select the RUNE/TRY trading pair.
Input the specific amount of Rune you wish to sell.
Verify the displayed exchange rate and your final TRY total.
Confirm and finalize the sell transaction.
Following these steps, your TRY balance will be updated instantly.
Our converter tool is designed for quick calculations. Here's how to use it:
Locate the "Crypto Converter" section on our website or within the app.
Type the amount of RUNE you want to convert into the first field.
The equivalent value in TRY will be instantly calculated and displayed in the second field, using the latest live market rate.
The RUNE/TRY exchange rate is the current market price at which 1 Rune(RUNE) can be exchanged for TRY. In simpler terms, it tells you how many TRY one Rune is worth at any given moment.
Currently, one Rune is ₺14.19. The price of 1 Rune(RUNE) in TRY is constantly changing due to the 24/7 nature of the global cryptocurrency market. To get the live, real-time price, please check the market data section at the top of our platform or visit our dedicated RUNE to TRY converter.