Add as a preferred source on GoogleTHORChain Processed More Than $46 Million in Binance Hack Funds
The 72-hour flow generated more than $200,000 in fees. During the 2025 Bybit theft, THORChain handled nearly $1 billion in stolen funds, and its operators earned at least $12 million in fees.
THORChain processed more than $46 million in funds stolen in the Binance hack during the first 72 hours after the attack, generating more than $200,000 in fees. The estimate covers both the volume that moved through the cross-chain protocol and the fees generated during that period.
The Binance figures can be compared with THORChain’s activity during the 2025 Bybit theft. During the 2025 Bybit theft, THORChain handled nearly $1 billion in stolen funds, and its operators earned at least $12 million in fees.
THORChain co-founder John-Paul Thorbjornsen said blockchain protocols generate fees through use.
Simon Yoon
ReporterSimon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.