Sold $RUNE and made a huge profit of 150% with 50 times leverage.

I just looked at the Thorchain data. Recently, the transaction volume has increased to less than 200 million per day, and the annualized rate is about 70 billion.

$BNB Binance’s trading volume is probably around 3 trillion, yes, 5 billion, 30 billion.

In other words, even if rune’s trading volume is rising now, it only accounts for less than 2.5% of Binance...

Assuming that Binance’s 35 billion valuation, two-thirds is the valuation of the exchange, and one-third is the valuation of various projects of Binance Smart Chain + wallet + investment.

Then the theoretical valuation of thorchain should be 350*0.66*2.5%=580 million!

Damn it, it’s 3.3 billion US dollars now, what the fuck. Is $GMX ashamed?