What is THORSwap Finance?

THORSwap Finance is a multi‑chain decentralized exchange (DEX) aggregator and native cross‑chain swap interface built on top of THORChain. It allows users to trade more than 8,000 crypto assets across 17‑18+ blockchains in a non‑custodial manner, swapping native assets (not wrapped tokens), earning yield, staking its native $THOR token, and leveraging liquidity from THORChain & associated protocols. :contentReference[oaicite:0]{index=0}

It started as BEPSwap in 2020 and later evolved into THORSwap with the full THORChain multi‑chain chaosnet (MCCN). THORSwap is powered by the SwapKit API/SDK, which supports both user‑facing swap functionality and developer integrations. :contentReference[oaicite:1]{index=1}

Key Features & How It Works

Common Issues & Troubleshooting THORSwap Finance

Although THORSwap offers many powerful features, users may encounter issues. Below are frequent problem types and suggested fixes.

THORSwap not working / Unable to login / Wallet connection problems

- Confirm you are connecting with a supported wallet. Some wallets may not support all chains or native assets. :contentReference[oaicite:9]{index=9}
- Check if your wallet is unlocked and has the correct configuration (chain/network settings).
- Clear your browser cache, disable conflicting browser extensions (privacy / ad‑block / blocker etc.). Try a different browser or device.
- Verify you are visiting the correct URL/domain (phishing risks are noted in community reports). :contentReference[oaicite:10]{index=10}

Error Connecting / Verification Fails

- Errors such as “core_transaction_deposit_error” are sometimes posted in Reddit threads when trying cross‑chain swaps. These may stem from mis configured RPC, node connectivity issues, or chain node downtime. :contentReference[oaicite:11]{index=11}
- Make sure your transaction settings (e.g. amount, destination chain) are valid and supported by THORChain.
- Update your wallet software / firmware if applicable.
- If using the aggregated route, ensure the aggregators and liquidity paths are available and not paused.

Swap fails / Transaction Declines

- Slippage too low or unexpected price movement. Increase slippage tolerance carefully.
- Liquidity pool may not have enough liquidity for large trades or for certain asset pairs. Try splitting transaction.
- Native asset swaps rely on THORChain’s liquidity for RUNE pairs; issues with RUNE pools can cascade.
- Fee estimation / routing errors from aggregator paths can lead to reverts.

Funds not received / Withdrawal or Swap Output Missing

- Use blockchain explorer for destination chain + TX hash to confirm status.
- Make sure the target address is correct (wallet address, correct chain).
- If output is a native asset, ensure your wallet supports receiving it.
- Some operations may require “settlement” or claiming steps; check the UI for pending/claimable statuses.

2FA Reset / Account Security / Governance Verification Issues

- THORSwap is non‑custodial and does not require centralized login / password + 2FA in the core protocol. The wallet signature is the authentication.
- If using third‑party tools or overlays that ask for extra verification, follow their support / recovery procedures.
- Keep your seed phrase / private keys backed up.

Earnings / Liquidity / Dashboard Reporting Bugs

- Users have reported dashboards showing infinite (“∞”) values for LP balances or LP dashboard misreports. This can happen when there is a pause in earning, or the “Thoryield” or “earnings” features are paused or deprecated. :contentReference[oaicite:12]{index=12}
- Double check with on‑chain data or RUNE chain explorers.
- Stay updated via THORSwap docs or announcements about any paused features (for example, lending / earn vaults have been paused or deprecated in certain cases). :contentReference[oaicite:13]{index=13}

Conclusion

THORSwap Finance is a powerful, non‑custodial, cross‑chain DEX aggregator interface that truly allows swapping of native assets (not wrapped tokens) across many major blockchains. Its strengths are in deep liquidity, non‑custodial security, wide blockchain support, and governance via its native $THOR token. That said, the complexity of cross‑chain mechanics brings real risks and challenges—wallet compatibility, chain support, liquidity, UI glitches, possible paused features, and state of routing through aggregators. Carefully verifying transaction details, using correct URLs and wallets, monitoring official updates, and starting with small amounts can help avoid most issues. THORSwap remains a strong option for users needing native cross‑chain swaps with minimal trust assumptions.

FAQ: THORSwap Finance ‒ Common Questions

Q: Why is THORSwap Finance not working / site unresponsive?
A: Could be due to front‑end outages, your wallet not connecting properly, wrong network settings, or blocked scripts by browser extensions. Try another browser/device, clear cache, check official status or Discord.
Q: What should I do if I'm unable to login / connect wallet to THORSwap?
A: Ensure your wallet is unlocked and supports the chains in question, verify you are using the official THORSwap domain/app, disable interfering extensions, possibly try WalletConnect or another supported wallet.
Q: Why was my swap transaction declined or failed on THORSwap Finance?
A: Likely reasons include low liquidity in the pool, too strict slippage settings, the route aggregator failing, or fee or RUNE pool issues. Adjust settings, reduce amount, choose simpler swap path.
Q: What does “Error Connecting THORSwap,” “Verification fails,” or “core_transaction_deposit_error” mean?
A: These errors generally suggest node/RPC issues, chain support gaps, or incorrect configuration on wallet side. They may also result from downtime or paused features. Check snapshots, the transaction logs, and community status.
Q: I don’t see my output asset or funds after swap. What to do?
A: Use the destination blockchain explorer with your TX hash, verify address is correct, ensure wallet supports the asset, and check if there is a “claim” or “settlement” step in the UI.
Q: Is THORSwap Finance safe? What about paused features or recent problems?
A: THORSwap is built on THORChain and designed to be non‑custodial with native asset swaps. But users should note some features (like lending / earn vaults / yields) have been paused or deprecated. Also, carefully verify URLs (phishing risks have been reported), monitor community feedback, and use caution especially with large amounts.