State of @THORChain Q4

Key Insight: THORChain's new native swap interface has already seen $534.2 million in volume.

QoQ Metrics 📊

• RUNE-denominated TVL increased 22.6% QoQ to 81.6M RUNE

• Total swap volume declined 10.3% QoQ to $4.06B

• Protocol revenue rose 39.0% QoQ to $5.0M despite declining swap volume

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