TechFlow Logo
Login/ Sign up
ETH Gas
Gwei
Fear
gas
Thorwallet: A wallet application powered by Thorchain that enables native asset cross-chain trading.

Thorwallet: A wallet application powered by Thorchain that enables native asset cross-chain trading.

2022.10.14
Share

TechFlow Selected TechFlow Selected

techFlow

Thorwallet: A wallet application powered by Thorchain that enables native asset cross-chain trading.

There are many wallets available on the market for securely storing assets, but far fewer support users in conducting transactions.

2022.10.14 - 07:58:42
ThorwalletThorchain钱包$TGT
There are many wallets available on the market for securely storing assets, but far fewer support users in conducting transactions.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

Author: Crypto Nova

Translation: TechFlow

We all know what recently happened to many centralized institutions (Celsius).

You thought your assets were safe, but asset freezes and losses often come so suddenly. This means we need to take responsibility for our own private keys in order to truly own our assets.

There are many wallets available on the market for securely storing assets, but far fewer support users in conducting trades directly.

While several companies have emerged to solve this problem, only one company does so in a truly unique way—Thorwallet.

Thorwallet is a non-custodial wallet and also a decentralized exchange. Beyond standard trading, it supports cross-chain swaps.

With Thorwallet, you can swap tokens across multiple blockchains, and it’s the only wallet that supports swapping native assets (not wrapped tokens).

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

This means you can trade Bitcoin for Ethereum, while your assets never leave your wallet.

This is possible because it's powered by Thorchain.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

If you could easily trade thousands of tokens directly from your personal wallet, would you still use centralized exchanges unnecessarily?

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

Moreover, with Thorwallet, you can also earn passive income from your assets.

Most of your assets can generate yield through the “Pool” feature.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

Getting started with the wallet is very simple:

  • Simply download the app or visit the website.
  • Create a new wallet or import your existing one.
  • Start trading or start earning yield.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

Thorwallet has already integrated numerous different chains, and the team continues working toward the goal of integrating all major chains.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

They’ve also launched a fiat on-ramp on both mobile and web platforms without requiring KYC, supporting up to $100,000 in annual transaction volume.

The project has formed extensive partnerships, with the most notable being ZK Finance. After receiving backing from these prominent investors, they won Dubai’s “Startup World Cup” this year.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

The Thorwallet team is fully doxxed.

Marcel Robert Harmann is co-founder and CEO. In addition to expertise in finance and IT, he earned a Ph.D. in blockchain technology in 2017 and serves as the academic director for university courses in blockchain and crypto finance.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

TGT is Thorwallet’s native token, serving multiple purposes:

  • Governance
  • Staking
  • Burn mechanism
  • Node operation
  • Premium rewards

Due to its burn mechanism, TGT is effectively a deflationary token, with 40% of supply allocated as rewards to the community.

Thorwallet plans to integrate credit card services and expand swap functionality next year, enabling swaps across 27+ chains, including all top EVMs. Their vision is to offer all DeFi-based financial services—including fiat on/off ramps, yield generation, and lending—within a single, user-friendly application.

So far, they’ve successfully delivered on every item in their roadmap, significantly boosting their credibility.

Currently, the token price is below its private sale level, with an astonishingly low market cap of just $2 million.

Thorwallet: A wallet app powered by Thorchain that enables cross-chain trading of native assets

Overall, Thorwallet’s cross-chain trading capabilities and native asset swaps are truly impressive. It’s encouraging to see them continue building steadily despite current market conditions.

As for their native token TGT, it remains significantly undervalued compared to competitors. It could emerge as a rising star in the next bull market. I’ll be adding it to my watchlist and monitoring its progress closely. (Not investment advice)

Original link

Join TechFlow official community to stay tuned

Add to Favorites
Share to Social Media

Related Articles

2026.07.27

Private Keys Are Math, Wallets Are Business: 2026 Web3 Wallet Chaos

Private keys are math, wallets are business.

Private Keys Are Math, Wallets Are Business: 2026 Web3 Wallet Chaos
2026.05.25

THORChain Suffers Third Major Breach: Malicious Node Impersonates Vault, Exploits Key Management Vulnerability to Steal $10.7 Million Over Three Weeks

When delayed maintenance becomes the norm, who should be held accountable?

THORChain Suffers Third Major Breach: Malicious Node Impersonates Vault, Exploits Key Management Vulnerability to Steal $10.7 Million Over Three Weeks
2025.12.28

The hidden battle in the wallet sector: Is racing to integrate with Hyperliquid a good business?

Integrating third-party Perps is mostly a low-ROI business, as it doesn't make for a good deal in terms of user growth returns, platform commissions, or stable investment.

The hidden battle in the wallet sector: Is racing to integrate with Hyperliquid a good business?
2025.12.01

Wallets, Warnings, and Vulnerabilities

Learn about the evolution of cryptocurrency attacks in 2025 and how to protect yourself from some of the most common on-chain attacks.

Wallets, Warnings, and Vulnerabilities
2025.07.30

Hardware Wallet Mass Hunt: Beyond the Blind Spot, A Complete Security Guide from Purchase to Activation

A mature "hunting chain" has quietly taken shape, and manufacturers' verification mechanisms along with users' security awareness urgently need to be closed-loop.

Hardware Wallet Mass Hunt: Beyond the Blind Spot, A Complete Security Guide from Purchase to Activation
2025.07.18

2025 Mid-Year Report on Crypto Crime: Surge in Stolen Funds, Rising Proportion of Personal Wallet Thefts

Even leading industry platforms struggle to defend against advanced persistent threats, while the surge in individual wallet thefts indicates that cryptocurrency holders face unprecedented risks.

2025 Mid-Year Report on Crypto Crime: Surge in Stolen Funds, Rising Proportion of Personal Wallet Thefts
2025.07.17

First look at the new Coinbase wallet: How is it different from the old version?

The biggest highlight this time is Coinbase's tight integration with Farcaster.

First look at the new Coinbase wallet: How is it different from the old version?
2025.06.13

Israel airstrikes Iran, but your crypto wallet suffered even greater losses?

Risk assets were broadly sold off.

Israel airstrikes Iran, but your crypto wallet suffered even greater losses?
2025.06.06

YZi Labs makes a move, investing twice in seven years—Is the hardware wallet still a good business?

Binance-affiliated investment after a 7-year gap: From SafePal to OneKey, is the hardware wallet business a good deal?

YZi Labs makes a move, investing twice in seven years—Is the hardware wallet still a good business?
2025.06.04

In-Depth Analysis of the 7702 Phishing Attack Mechanism: How Should Wallets and Users Defend Themselves?

When signing with any wallet, carefully review the content before signing to avoid blind or mistaken approvals.

In-Depth Analysis of the 7702 Phishing Attack Mechanism: How Should Wallets and Users Defend Themselves?
TechFlow Logo

Navigating Web3 tides with focused insights

Contribute An Articleemail
Media Requestsmsg

Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号