RUJI Trade has expanded with 18 new trading pairs, opening more ways to trade between stablecoins, RUNE, and major crypto assets.
Every new market creates another connection within the wider Rujira and THORChain ecosystem. For traders, that means more direct routes between assets. For liquidity providers, it creates new opportunities to support markets through Custom Concentrated Liquidity. It also gives the Virtualization Strategy more routes for accessing and rebalancing liquidity across THORChain's Base Layer pools.
All 18 pairs are live and ready to explore.
8 New USDT and USDC Markets
The expansion includes eight new markets connected to USDT or USDC:
RUJI/USDT
RUNE/USDT
TRX/USDC
TRX/USDT
USDT.TRON/USDT
USDT.TRON/USDC
USDT.AVAX/USDC
LUSD.ETH/USDC
These markets create more direct routes between stablecoins and other assets. Instead of always relying on multiple trades to move between assets, users may be able to take a more direct route through RUJI Trade.
More markets also create additional opportunities for Custom Concentrated Liquidity, or CCL. CCL allows liquidity providers to concentrate their liquidity within selected price ranges, helping build deeper markets around the prices where trading is expected to happen.
The new pairs can also support more efficient routing across different order books, giving traders and automated strategies more possible paths through the available liquidity.
Explore the new markets on RUJI Trade
10 New Direct RUNE Markets
We have also added ten new markets that pair major assets directly with RUNE:
ETH/RUNE
XRP/RUNE
LTC/RUNE
ATOM/RUNE
wBTC/RUNE
BNB/RUNE
BCH/RUNE
AVAX/RUNE
DOGE/RUNE
TRX/RUNE
Each of these assets already has a Base Layer liquidity pool against RUNE on THORChain. By adding the corresponding pairs to RUJI Trade, the Virtualization Strategy can access that liquidity through a more direct route.
This creates a stronger connection between liquidity on the Rujira App Layer and THORChain's Base Layer.
Why Direct RUNE Markets Are Useful
The Virtualization Strategy allows trades on RUJI Trade to settle through THORChain's Base Layer pools.
For a pair such as ETH/BCH, the strategy needs to use both the ETH/RUNE and BCH/RUNE pools. Because two Base Layer pools are involved, the route is slightly more complex and the strategy quotes with a somewhat higher spread.
A direct ETH/RUNE trade only needs the ETH/RUNE pool. This gives the Virtualization Strategy a simpler route into the available liquidity and allows it to rebalance that pool more directly and efficiently.
The same principle applies to the other new RUNE pairs. More direct connections can help liquidity move through the ecosystem with fewer steps.
Connecting App Layer and Base Layer Liquidity
Custom Concentrated Liquidity and the Virtualization Strategy can work together to connect liquidity across both layers.
When CCL liquidity trades with a Virtualization Strategy order, the CCL position provides liquidity on the Rujira App Layer. The Virtualization Strategy then settles the other side of the trade through THORChain's Base Layer pools.
This gives CCL positions opportunities to earn from trading activity while arbitrage helps rebalance liquidity on the Base Layer.
The additional RUNE, BTC, ETH, and stablecoin markets can also create more routes for cross-book arbitrage through the Liquidy Swap Router. Together, these systems help make better use of liquidity that already exists across the ecosystem.
Supporting More Efficient Rebalancing
THORChain's WasmArbSlipMinBps setting is now set to zero. On markets where automatic Virtualization Strategy arbitrage is enabled, this allows smaller price differences between the App Layer and Base Layer to be rebalanced more efficiently.
App Layer liquidity remains an essential part of this process. More CCL liquidity provides greater capacity to take the other side of Virtualization Strategy trades.
Alongside routing and protocol-owned liquidity, these markets can help deepen available liquidity and create more opportunities for trading volume and fees across Rujira and THORChain.
More Markets, More Routes
Adding 18 pairs is about more than expanding a list of available markets. Each pair creates a new connection and another potential route for liquidity to move.
Some routes provide more direct access to stablecoins. Others connect major crypto assets directly with RUNE and THORChain's Base Layer liquidity. Together, they expand the foundation for trading, CCL liquidity, routing, and automated rebalancing across the ecosystem.
All 18 new pairs are now live.
Explore the new markets on RUJI Trade
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