THORChain made 63% of its record $3 million September income during the Bitget hack-linked trading surge
Summary
THORChain recorded $3.01 million in system income and $2.40 billion in swap volume in September, both period highs. A five-day burst after the Bitget hack accounted for 57% of monthly volume and about 63% of income as exploit-linked funds moved through the network. THORChain rejected calls to block specific addresses, citing its permissionless design. Wallet activity rose only modestly, suggesting the surge came from large, concentrated transactions rather than broad user growth. The spike lifted RUNE and TCY trailing yields, which the network expects to fall as the unusually high-fee days leave the calculation window. Sustained gains depend on whether ordinary trading can replace the exceptional hack-linked flows.
