Thorchain is a cross-chain native asset swapping DEX. As a DEX based on Constant Product AMM mechanics, liquidity is a vital parameter. The deeper the liquidity, lower the slippage of the swaps involved. In this dashboard, we will track the Total liquidity of each pool and its individual components.

The data for this will be aggregated from thorchain.pool_block_balances where individual data for RUNE balance, ASSET balance and Synth balance is store.

Looking at the amount of RUNE(denominated in $RUNE) held in pools,

• BTC and ETH native pools have the deepest liquidity with 5 Million and 4 Million RUNE each
• native BUSD has the 3rd deepest RUNE liquidity with 3 Million RUNE
• with recent addition of Terra native assets, LUNA and UST have quickly gathered 2 Million+ RUNE in liquidity depth
• The Terra native assets have comprehensively overtaken native BNB, and might soon replace as one of the top 4 deepest asset pools on THORCHAIN

A similar trend is expected and seen in the ASSET USD locked.

• Almost 60 Million worth BTC is locked, being the highest value locked pool
• Around 40 Million worth ETH comes next
• Followed by Terra assets LUNA and UST with around 25 and 15 Million worth assets locked.
• The Fall of THOR token is most evident, with the token going from extremely high TVL (propped up due to the Farming incentives)

The 3rd component is the Synths:

• BTC is yet again the top asset, with ATH just shy of 2 Million value locked, currently at 1.5 Million
• Occasionally, its seen that ETH does surpass BTC as the top Synth in circulation
• Recently, BNB.BUSD is having higher Synth volume with almost 2 Million
• Terra native assets are further behind in the Synth territory, with under 1 Million in circulation
• Relative low supply of Terra assets can be traced to the fact that Terra assets are mostly integrated on other blockchains, while also being a COSMOS asset itself.

Now, the cumulative of all the components:

• BTC is the apex asset
• BTC,ETH and THOR are the only assets to have had atleast 100 Million value locked in their pools at any instance of their lifetime
• The recent market down turn has seen ETH and BTC fall of the 100 Million value
• The rest are extremely far away, with BUSD at around 50 Million (almost half of BTC and ETH)
• Terra natives were deployed less than a month ago, but already boast around 40 Million in TVL each

Tracking the rank of each pool based on the TVL of the pool,

• BTC has been the top value locked pool for all but two days at max, when THOR token pool was depoyed
• ETH has been 2nd for most days except the release of XRUNE token and THOR token pools
• USDC which was 3rd in the early days, is currently 9th
• Terra assets have been impressive, running from outside top 10 to top 5 under a week.