what's TCY?
TCY is a utility token launched on the THORChain network, designed to compensate users affected by previous incidents involving lending and savings features. It allows holders to stake for a perpetual share of 10% of the network's income, generated from cross-chain swaps and liquidity provision across supported blockchains like Bitcoin, Ethereum, and others. The token integrates directly with THORChain's decentralized exchange protocol, enabling trading and staking through various frontends. TCY supports the ecosystem's continuous liquidity model, where fees from transactions contribute to rewards, fostering long-term participation without traditional governance voting rights.
TCY featured in THORChain's Jan 19, 2026 weekly ecosystem recap.
Featured in THORChain's weekly ecosystem recap for January 19, 2026.
TCY staking is now available on the Rujira platform with auto-compounding features.
Staking APR now at 11.5%, up from the 6% reported on November 12th.
Platform records $35.7 million in real, organic activity according to Messari coverage.
25.5 million TCY tokens remain unclaimed from an airdrop for THORFi users, with active claiming still available.
Staking APR now at 6%, down from the 8.16% reported on November 7th. Solana and Zcash integrations are incoming to boost revenue.
THORChain's Treasury now holds 5% of the total token supply.
Staking APR now stands at 8.16%.
Official revenue breakdown shows 5% of revenue allocated to token burns, with 10% to stakers, 75% to nodes and LPs, 5% to marketing, and 5% to dev wallet.
Current APR for holders stands at 6.63%, up from the 5% reported in late May.
Team takes over TC Stagenet with work underway to separate bifrost from thornode, enabling faster deployment without waiting on mainnet release cycles.
NamiProtocol launches $yRUNE, a yield-bearing product combining RUNE and TCY exposure, with TCY receiving 10% of THORChain's system income.
Token successfully launches with new yield-bearing variant ($yTCY) coming soon, supported by RUJIRA team implementation partnership.
Staking balances now live on Vultisig platform with bond features coming soon
Token claiming reaches 69% from 24% of eligible wallets, with $90m market cap and 5% APR yielding 21x multiple.
Token price reaches $0.40, marking 33% increase from previous $0.30 level.
Token claiming reaches 63% completion (up from 46% previously) with market cap now at 9% of RUNE.
Treasury plans $5M TCY acquisition over next 6 months, representing 16M tokens at current prices.
New capital inflows from value and speculative investors create exit liquidity at $0.30 price level.
Token claim event ongoing with 46% of tokens still unclaimed.
Highest volume/depth pool on THORChain with 350% today, operating as only native pool with instant settlement.
New staking capability available through Vultisig v1.17.3
Token launches at $60M market cap with integration into Rujira Network ecosystem.
Token claiming reaches 100M (49% of total), with 94% of claimed tokens now staked.
Multiple parties actively accumulating following successful launch completion
Multiple traders enter positions as price dips below 10% cap, indicating potential upward movement.
93% of claimed tokens are staked with 84M TCY (40%) claimed so far.
60M tokens claimed with 94% of holders staking, showing strong retention during ongoing distribution.
50M tokens claimed with 90% of holders staking and less than 10% selling, indicating strong holder conviction.
Automated buyback mechanism using unclaimed yield (80% tokens) actively supports price at $0.30, with 22% claimed.
Holders execute exits at 90% discount through Prop6 mechanism, creating buying opportunity at $0.10 per token.
LeoDex achieves advanced integration status, representing the most comprehensive implementation of the protocol to date.
Token claims now available on ShapeShift platform.
Staking program launches on ShapeShift platform with CMC and CoinGecko listings pending review.
Asset launches with 10% network revenue sharing for stakers; claims available for affected Lending and Savers users.
New TCY-RUNE swap functionality launches on Vultisig platform.
Governance vote passes to link TVL cap to active bond, enabling security framework for TCY deployment and AppLayer expansion.
Technical hardcap issue blocks liquidity pool creation; 24-hour node vote required to maintain launch schedule.
Exclusive TCY-RUNE trading pair established; current buy target below 26 cents (10% of RUNE cap).
6,231.79 RUNE staking module launches Monday with auto-distribution to 210M token holders, featuring automatic buying mechanism for unclaimed tokens.
Token launch scheduled for May 5th following successful v3.5.0 upgrade
Token claims open May 5th on MetaMask.
Token Generation Event scheduled for May 5, 2025.
TCY token maintains 10% minimum value relative to RUNE based on system income, with optimal trading range around 15% and overvaluation above 30% of RUNE price.
TCY enables collateral functionality in Rujira Network's app layer, filling gap left by RUNE's limitations.
Protocol shutdown leads to new token launch while maintaining profitability through on-chain revenue
New integration with Vulti multi-sig platform announced.
Token launches May 5 at $0.10 initial price.
Token launches May 5, 2025, following mainnet v3.5 upgrade on May 1.
Token launches in pools at $0.10 initial price
Total supply fixed at 210M tokens with fair distribution mechanism and yield-generating capabilities.
Token launches soon with $0.10 initial price, featuring auto-compounding mechanics and collateral functionality.
Staked tokens approved as lending collateral with borrowing functionality, featuring risk isolation from TC and RUNE.
Token represents 10% system income share with node merger likely at $1-2 price point, representing 12.5% of RUNE market cap.
New token launching at 0.10c initial pool price with 10% system income earning feature.