THORChain*L1
RUNE$0.5954+3.5% 24has of 2026-11-10 10:17 UTC
Polygon35.9×
Celo73.2×
Tron103×
Katana125×
Starknet164×
Solana197×
Linea232×
Arbitrum248×
Fair price
$1.41
+136% from $0.5954
Pays $1.11K per $1 of yearly fees · median $2.61K
Undervalued rank
#18of 59
#18 of 59 ranked by revenue multiple (90d)
Key figures
- FDV
- $211M
- fully diluted
- Market cap
- $196M
- circulating
- Yearly fees
- $191K
- $46.5K over 89/90 days
// fee history
Daily fees
- Latest day
- $1.11KNov 9
- Daily average
- $52289 days
- Peak
- $2.15KOct 12
- Coverage
- 89/90d1 missing day
THORChain daily fees from Aug 12, 2026 to Nov 9, 2026: latest $1.11K, average $522 per day, peak $2.15K on Oct 12, 2026.
Complete UTC days through Nov 9, 2026. Missing days are left as gaps, never filled with zero. The range only changes the view; the multiple uses the 90d window.
// peers
Chains like THORChain
Nearest multipleclosest FDV / fees
Similar fee scaleclosest annualized fees
// next
Put THORChain side by side with another chain
Fair price, value vs fees and fees, side by side.
Polygon35.9×
Celo73.2×
Tron103×
Katana125×
Starknet164×
Solana197×
Linea232×
Arbitrum248×
// about
THORChain’s fees and valuation
THORChain ranks #18 of 59 chains by revenue multiple. The market values it at $211M FDV against $191K of yearly network fees, 1,105×, still below the median. Priced like the median chain, RUNE would trade at $1.41 (+136%). Some days are missing fee data, so the yearly figure is estimated from the days available.
For comparison, THORChain is 1.1× cheaper than Ethereum (1,268×) and 16× cheaper than Bitcoin (18,076×).
// faq
THORChain FAQ
Is THORChain undervalued?
By its fees, yes. THORChain trades at a revenue multiple of 1,105×, 2.4× below the median chain, and ranks #18 of 59 most undervalued.
How much does THORChain earn in fees?
$191K a year, annualized from the last 90 days of network fees (DefiLlama). Some days are missing fee data, so the yearly figure is estimated from the days available.
What would RUNE be worth at a fair revenue multiple?
$1.41, +136% from $0.5954 today. That's the price at the median revenue multiple of all ranked chains.