Hassan Maishera
On Wednesday, the Thorchain team announced via X that the Thorchain V.3.18.0 upgrade is now live on mainnet.
THORChain v3.18 ships with 51 merged requests, introducing important economic upgrades such as the foundations for Protocol-Owned Liquidity (POL) and the new Dynamic Fee Model (ADR-026), both designed to strengthen THORChain’s long-term liquidity and fee architecture.
Beyond the economic changes, the upgrade also prepares the foundations for future chain integrations such as Monero, TAO or DOT, while delivering a large number of fixes and infrastructure improvements focused on solvency protection, vault safety, swap execution, validator operations, and overall network stability.
With this upgrade, a configurable portion of THORChain’s system income can now be redirected into a dedicated POL Reserve module instead of remaining entirely passive within the protocol. The reserve can then asymmetrically deploy RUNE liquidity into selected pools based on configurable rules and pool performance.
The update introduces a new dynamic fee framework that allows THORChain to automatically adjust minimum L1 slip fees based on real network activity and generated revenue.
The update adds shared infrastructure for Monero stealth-address parsing, SS58 support for Substrate chains, deterministic attestation handling and chain registration for XMR, TAO, and DOT.
THORChain is a decentralized cross-chain exchange where traders can swap cross-chain assets via liquidity pools across Binance Chain, Ethereum, and Bitcoin. RUNE is down 5.7% today and is currently trading at $0.5813.
