THORSwap

Decentralized cross-chain swaps. Native BTC. No bridges. No account. No KYC.

thorswap.finance

Zero KYC
Evidence and facts →

Decentralized cross-chain swaps. Native BTC. No bridges. No account. No KYC.

Common useCross-chain swapsSwapOperator dataUnknown

Identity checksZero KYCNo document check recorded · identity exposure level 0/4

Evidence and riskVerified evidenceCautionMaterial claims checked against current sources.; those sources show trade-offs worth reading.

Last reviewedReviewed 25 Aug 2026KYC checked 25 Aug 2026 · unknown jurisdiction · Source → official documentationHow to cite this pageSource coverageVerified evidenceRecorded riskCaution

Evidence and facts

CUNICULA SCORE 4.0

35/100Limited evidencePrivacy 12/25 · Control 0/20 · Transparency 0/20 · Security 17/25 · Accountability 6/10 · Cap 69 · Method

JURISDICTIONUnknown

CAUTIONTHORChain's lending module became insolvent in January 2025 - the SWAP functionality is unaffected but the lending/borrowing module is frozen. Use THORSwap for swaps only. The protocol is genuinely non-custodial for swaps. RUNE token exposure is inherent to the protocol security model.

AUDITED BYNo audit listed

OPERATOR DATAUnknown

SOURCE COVERAGE

Verified evidenceSELF-REPORTED2/2Reviewed 25 Aug 2026 · Source → official documentation

LAST CHECKED2026-08-25

LAST UPDATED2026-08-25

Specs

DOCUMENT CHECKNone recorded

IDENTITY EXPOSURELevel 0/4

KYC TRIGGERSDocs describe THORSwap/Metro as non-custodial and non-KYC DeFi. Wallet-to-wallet swap flow; protocol/frontend risks remain.

FEEInterface fee is displayed before confirmation; gas and network fees are separate.

NETWORKSBTC, ETH, LTC, BCH, ATOM

CATEGORIESSwap

COMMON USESCross-chain swaps, Native BTC trades, No-custodian DEX

FEATURES10,000+ assets across 26+ chains, Native BTC/ETH/LTC swaps, Built-in self-custody wallet, Streaming swaps, No bridges or wrapped assets, No account required, No KYC by protocol, Non-custodial, +1 more

TORNot listed

REGIONSGlobal availability

Review analysis, source material, related services, and history

About

Bitcoin-first, non-custodial cross-chain swap interface covering 10,000+ assets across 26+ blockchains with a built-in wallet.

Analysis

OVERVIEW

THORSwap is a frontend for the THORChain protocol, running native cross-chain swaps including BTC, ETH and LTC without bridges or wrapped assets, and charging roughly a 0.3% outbound fee with no account or KYC by protocol design.

LIMITS

THORChain's lending module became insolvent in January 2025 and remains frozen according to the record; swap functionality is described as unaffected and genuinely non-custodial, but RUNE token exposure is inherent to the protocol's security model.

USEFUL FOR

Fits users making native cross-chain swaps through the protocol who avoid the frozen lending and borrowing module entirely.

Sources · reviewed 2026-07-16

Official app ↗

Corporate identity

Registry-sourced, not audited. The facts below come from cited web research rather than a direct registry query. Each claim links its own source.

LEGAL ENTITY: Ferdin Incorporatedsource ↗

Registry research · reviewed 2026-08-08

Frequently Asked Questions

Is identity verification required?

No identity verification is recorded for typical use. Docs describe THORSwap/Metro as non-custodial and non-KYC DeFi. Wallet-to-wallet swap flow; protocol/frontend risks remain.

Which payment methods are accepted?

Accepted payment methods: BTC, ETH, LTC, BCH, ATOM.

Where is it available?

Recorded availability: GLOBAL.

Is the operator based in a Five Eyes country?

The jurisdiction is not publicly confirmed. Check the provider site for incorporation details.

How are identity, operator, and evidence fields reported?

Identity exposure is level 0 of 4. Hosted operator data has not been established. Jurisdiction is shown as context, not a safety verdict. Source coverage is verified evidence, last reviewed 2026-08-25, and recorded risk is caution.

Which payment networks are supported?

Accepted networks: BTC, ETH, LTC, BCH, ATOM.

Related Services

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ClearSwapclearswap.ioclearswap.io · Swap ·

Swap app for confidential cross-network swaps.

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Sources and history

Terms and privacy policy

No changes to the document we watch since we started checking on 9 Aug 2026. Last checked 9 Aug 2026.

Service history

Latest meaningful changes to the facts shown on this provider page.

26 Aug 2026
Apply full-service rereview and score 4.0
Card summary, Checked at, Description, Features, and 7 more
9 Aug 2026
Corporate registry information updated
Corporate / Entity type
8 Aug 2026
Corporate registry information updated
Corporate

Full service history

27 Aug 2026updated
Reconcile score 4.0 evidence
Score assessment / Control model
noncustodial-hostedunknown
Score assessment / Operator data exposure
limitedunknown
Score assessment / Source model
closedunknown
Score review
not setOutcome: PASS; Checked at: 2026-08-25; Inputs: Operator data exposure: unknown; Control model: unknown; Source model: unknown; Audit: Score eligible: no; Reason: No dated, scoped, current audit citation was normalized in the reviewed packet; legacy auditedBy labels receive no score credit.
Review source: official documentation · public history entry
26 Aug 2026updated
Apply full-service rereview and score 4.0
Card summary
Cross-chain DEX front-end for THORChain.Cross-chain swaps across 10,000+ assets and 26+ chains.
Checked at
2026-06-242026-08-25
Description
Cross-chain DEX front-end for THORChain and Metro documenting a non-custodial swap flow without KYC.Bitcoin-first, non-custodial cross-chain swap interface covering 10,000+ assets across 26+ blockchains with a built-in wallet.
Features
Decentralized cross-chain, Native BTC/ETH/LTC swaps, No bridges, no wrapping, No account required, No KYC by protocol, Non-custodial, THORChain protocol, No counterparty risk10,000+ assets across 26+ chains, Native BTC/ETH/LTC swaps, Built-in self-custody wallet, Streaming swaps, No bridges or wrapped assets, No account required, No KYC by protocol, Non-custodial, THORChain protocol
Fee
~0.3% outbound feeInterface fee is displayed before confirmation; gas and network fees are separate.
Fees / Transaction
0.3not set
KYC last checked
2026-06-222026-08-25
Last reviewed
2026-06-222026-08-25
Source reviewed
official sitehttps://docs.thorswap.finance/
Score assessment
not setOperator data exposure: limited; Control model: noncustodial-hosted; Source model: closed
Updated at
2026-06-222026-08-25
Review source: official documentation · public history entry
9 Aug 2026updated
Corporate registry information updated
Corporate / Entity type
not setcompany
Review source: official site · public history entry
8 Aug 2026updated
Corporate registry information updated
Corporate
not setLegal entity: Ferdin Incorporated; Officers: none; Prior entities: none
Review source: official site · public history entry
8 Aug 2026updated
Provider summary rewritten
Description
Cross-chain DEX frontend for THORChain/Metro. Official docs describe a non-custodial, non-KYC DeFi flow; use for swaps only, not frozen/legacy lending modules.Cross-chain DEX front-end for THORChain and Metro documenting a non-custodial swap flow without KYC.
Review source: official site · public history entry
7 Aug 2026updated
Provider summary rewritten
Card summary
not setCross-chain DEX front-end for THORChain.
Review source: official site · public history entry
6 Aug 2026updated
Provider presentation updated
Evidence status
not setverified
Privacy warning
THORChain's lending module became insolvent in January 2025 — the SWAP functionality is unaffected but the lending/borrowing module is frozen. Use THORSwap for swaps only. The protocol is genuinely non-custodial for swaps. RUNE token exposure is inherent to the protocol security model.THORChain's lending module became insolvent in January 2025 - the SWAP functionality is unaffected but the lending/borrowing module is frozen. Use THORSwap for swaps only. The protocol is genuinely non-custodial for swaps. RUNE token exposure is inherent to the protocol security model.
Recorded risk
not setcaution
Trust level
cautionnot set
Review source: official site · public history entry
24 Jun 2026updated
Provider facts reviewed and updated
Checked at
2026-06-222026-06-24
Review source: official site · public history entry
22 Jun 2026updated
Provider facts reviewed and updated
Checked at
2026-03-132026-06-22
Description
Decentralized cross-chain DEX frontend for the THORChain protocol. Swap native BTC, ETH, LTC and others without bridges, wrapping, or accounts. No KYC by protocol design — no custodian can be coerced because there is no custodian.Cross-chain DEX frontend for THORChain/Metro. Official docs describe a non-custodial, non-KYC DeFi flow; use for swaps only, not frozen/legacy lending modules.
KYC last checked
2026-03-132026-06-22
Kyc note
No account. No KYC. No email. Wallet-to-wallet only.Docs describe THORSwap/Metro as non-custodial and non-KYC DeFi. Wallet-to-wallet swap flow; protocol/frontend risks remain.
Last reviewed
2026-03-132026-06-22
Source reviewed
older source, not independently verifiedofficial site
Updated at
2026-03-132026-06-22
Review source: official site · public history entry
22 Jun 2026updated
Ship trust audit remediation pass
Jurisdiction confidence
not setunknown
KYC last checked
not set2026-03-13
Last reviewed
not set2026-03-13
Source reviewed
not setolder source, not independently verified
Review source: older source, not independently verified · public history entry
7 Apr 2026updated
Drop warrantCanary trust signal
Warrant canary
nonot set
Review source: source not recorded · public history entry
29 Mar 2026updated
KYC risk level system + advanced directory filters
KYC level
zero0
Review source: source not recorded · public history entry
14 Mar 2026updated
Offline status bug, vetted grid, news/projects img tags
Status
liveok
Review source: source not recorded · public history entry
14 Mar 2026created
Provider presentation updated
Provider profile
not setcreated
Review source: source not recorded · public history entry

Only fields shown on the provider page are tracked. Private identifiers are never published.

Evidence basis: Claims on this page are linked to published sources for comparison, not certification, audit, endorsement, or recommendation; read the methodology and coverage map before relying on an entry.