THORWallet
THORWallet is a decentralized, non-custodial wallet designed for cross-chain DeFi. It enables users to store crypto assets, swap tokens across multiple blockchains, stake, and earn yield with THORChain’s liquidity network.
Overview
THORWallet connects directly with THORChain, allowing cross-chain swaps without the need for wrapped assets. Users can hold, trade, and invest in crypto while maintaining full control of their private keys.
Core Features
- Non-custodial storage for multiple crypto assets.
- Cross-chain swaps powered by THORChain.
- Staking and liquidity provision with rewards.
- Access to DeFi yield strategies and lending protocols.
- User-friendly mobile app with secure key management.
Benefits
- Full control of private keys and funds.
- Cross-chain trading without centralized exchanges.
- Opportunities to earn passive income via staking and liquidity pools.
- Seamless access to multi-chain DeFi in one wallet.
Risks
- Loss of private keys results in permanent loss of funds.
- Market volatility may affect staking and liquidity rewards.
- Smart contract vulnerabilities could pose risks.
- Cross-chain operations depend on THORChain stability.
Fees
| Fee Type | Details |
|---|---|
| Swap Fees | Dynamic fees applied to cross-chain swaps, distributed to liquidity providers. |
| Network Fees | Blockchain-specific transaction fees apply. |
| Staking/Liquidity Fees | No direct fee, but rewards vary with pool performance. |
FAQs
Is THORWallet custodial?
No, THORWallet is non-custodial. Users retain full control over their assets and private keys.
Can I swap Bitcoin for Ethereum directly?
Yes, THORWallet supports native cross-chain swaps such as BTC to ETH without wrapped tokens.
Does THORWallet have a mobile app?
Yes, THORWallet offers a secure and user-friendly mobile application for iOS and Android.