# THORChain’s RUNE Becomes Fully Unlocked as Supply Declines

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/29960
Published: 2026-10-12T00:25:16.000Z
Updated: 2026-10-12T00:25:16.000Z
Section: Technology

> RUNE was initially issued with 1 billion tokens before falling to 500 million. THORChain’s revenue model sends 59% of system income to node operators and 20% to protocol-owned liquidity.

THORChain’s native token, RUNE, is now fully unlocked as its supply declines and the network directs most system revenue toward security and protocol-owned liquidity.

RUNE was initially issued with a supply of 1 billion, which later fell to 500 million.

THORChain’s revenue model directs 59% of system revenue to node operators. The revenue comes from fees paid on cross-chain swaps, while node operators bond RUNE to help secure the network.

Another 20% goes to protocol-owned liquidity. Every three days, RUNE is deposited into the liquidity pool with the highest fee-to-depth ratio. Half of that allocation remains in RUNE and is held by THORChain.