THORChain is a bridging protocol for payments with the Rune token used as the liquid settlement currency. THORChain is one of the more widely recognized DEXs. It offers its users a chance to trade their tokens across blockchains effortlessly. Established in 2018 because of a belief that using centralized exchanges for transferring crypto had many flaws. The AAM model they use permits traders to switch asset pools by utilizing Rune, Thorchain's token, as the base swap pair. Like numerous DEXs and liquidity providers, it offers several fundamental features: liquidity pools, crowdpooling, mining, and trading.