In the aftermath of the $1.4 billion exploit on Bybit, THORChain, a decentralized cross-chain swap protocol, has experienced a notable spike in transaction volume. This increase highlights the growing interest in decentralized finance solutions as traders seek alternatives after the recent hack. Market participants are keenly assessing THORChain’s response and adaptations in the wake of such events. As decentralized protocols garner renewed interest, THORChain’s performance may be indicative of broader trends in the crypto ecosystem.