- THORChain earned ~$404,600 in swap fees from October 5 to 11, with no exploit money involved.
- The total is more than double the ~$191,500 from the week before its September surge.
- Fees still sit 82% below the late-September week driven by Bitget hack flows.
THORChain garnered ~$404,600 in swap fees between October 5 and 11.
The total is more than twice the ~$191,500 it earned the week prior to its spike in September, and no exploit-related money flowed through the protocol.
Ethereum leads the latest seven days with $129,183
DeFiLlama shows $404,608 in 7-day fees for the cross-chain swap protocol. The week of September 18 to 24 brought in ~$191,500 by Cryptopolitan’s count of DeFiLlama’s daily data prior to the late-month spike.
Ethereum had the largest slice of the pie over the past seven days, at $129,183. THORChain’s own chain was next at $95,516, followed by Bitcoin at $74,517 and Tron at $64,747.
No major spikes or exploits were reported in October.
Active wallets rose to 25,000 in September from 23,500 in August. By September, Protocol-Owned Liquidity, the pool capital THORChain owns itself, had attracted approximately 946,000 RUNE in deposits.
THORChain has also adjusted its system income split. RUNE burn share goes from 5% to 1% and 20% goes to POL now.
Swap revenue still sits 82% under the exploit week
The latest week is still far below the level THORChain attained at the end of September. Exploit week of September 25 to October 1 saw ~$2.28 million in fees, again based on DeFiLlama’s daily series.
Cryptopolitan’s tally of the same data shows the latest week down 82% from the exploit week. Fees for October 2 to 8 were down 90% from the exploit week.
The network income for September was $3.01 million versus $615,000 in August. Swap volume jumped to $2.40 billion from $613 million.
Most of it came in five days. Flows tied to the Bitget hack between September 25 and September 29 constituted around 57-63% of the month’s volume and income, or about $1.37 billion in swaps and close to $1.9 million in income.
Bitget lost ~$387.5 million in a breach on September 24, revised up from an initial $351.6 million estimate after Zcash and TRON transfers were included.
According to Cryptopolitan, Bitget CEO Gracy Chen made a public appeal on September 26 for the protocol to refuse service to the attacker’s wallets. Circle and Tether froze about $318,000 in stablecoins tied to the hack on September 25.
THORChain declined. The protocol said its emergency network halt is a security feature for the entire system, not a way to freeze individual addresses.
It also hadn’t blacklisted wallets following its own $10.7 million vault exploit earlier in 2026. The network has no admin key or controlling multisig, per the protocol itself.
THORChain’s State of the Network report said the active set grew from 87 to 103 nodes in September.
Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.
FAQs
How much did THORChain earn in fees for the week of October 5 to 11?
DeFiLlama lists $404,608 in seven-day swap fees, led by Ethereum at $129,183.
Why were THORChain's September fees so high?
Bitget hack flows between September 25 and 29 made up about 57% to 63% of September's volume and income.
Did THORChain block the Bitget hacker's funds?
No. THORChain declined Gracy Chen's September 26 request, saying its emergency network halt is not a tool for freezing specific wallets.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Randa Moses
Randa Moses is an editor and reporter at Cryptopolitan covering tech, AI, robotics, crypto, scams, and hacks. She has worked in the crypto space since 2017. She held roles at Forward Protocol, AmaZix, and Cryptosomniac. Randa holds a degree in Electrical and Electronics Engineering from the University of Bradford.
