THORChain Yield & Savers
Savers Vaults, lending programs, and yield products on THORChain — including the THORFi era and its aftermath.
Savers Vaults
Single-Sided Deposits
Deposit a single asset (e.g., BTC or ETH) without needing RUNE. Earn yield from swap fees and block rewards proportional to your share of the pool.
Yield Source
Earnings come from swap fees and block rewards. Savers receive a share proportional to their deposit relative to the total pool depth.
No Lock-Up
Withdraw at any time. No minimum deposit period required.
Auto-Compounding
Earnings are automatically reinvested into the vault, compounding your position over time without manual intervention.
THORFi History
THORFi Lending Program
In early 2025, THORChain introduced experimental lending and synthetic asset programs under the “THORFi” umbrella. The protocol allowed users to borrow against their LP positions and mint synthetic assets (TOR, a USD-pegged stablecoin). Due to accumulated protocol liabilities of approximately $200M, the programs were paused in February 2025 via emergency governance (ADR-006).
Savers vs Liquidity Provision
Savers
- • Deposit single asset (no RUNE needed)
- • Lower risk — single asset exposure
- • Lower yield than LP
- • Auto-compounding returns
- • No need to manage two positions
Liquidity Provision
- • Deposit RUNE + asset (two tokens)
- • Exposed to price divergence between paired assets
- • Higher yield than Savers
- • Earns both swap fees and block rewards
- • Active position management may be needed