THORChain (RUNE) is restarting. The decentralized cross-chain DEX, which has been suspended since May 15 after a $10.7 million exploit compromised one of its vaults, has published its official restart release, v3.19, with mainnet adoption scheduled for the first week of June.
At the time of writing, RUNE is trading between $0.38 and $0.41, a significant drop from pre-exploitation levels and -35% over the past 30 days. It has a market capitalization of approximately $133 million, making it the 222nd largest digital asset.
$RUNE is pushed directly into the heavy resistance zone around $0.382-$0.385.
This is where the risk of rejection is high.
If the bears defend this zone, RUNE could cool first towards $0.370 and then $0.360-$0.365. pic.twitter.com/rpEV0LXP5V
— Chiefra T (@ChiefraFba) June 9, 2026
An additional stock to watch after trading resumes is Monero. XMR has been confirmed as the first asset in the DEX queue, giving THORChain a privacy coin story that no other major cross-chain protocol can match at the moment. The community calls it a renaissance.
The central tension this article reveals is: v3.19 fixes pressing cryptographic issues and adds truly unique assets. Whether that will be enough to undo months of RUNE damage will depend on execution, and THORChain’s execution track record is currently under trial.
TSS THORChain exploit description and what it actually fixes in V3.19
THORChain has entered the final reboot phase
The excitement has reached another level.
Validators are currently voting to quarantine the compromised vault. This is one of the last major security milestones that will allow THORChain to proceed towards a complete reboot of the network.
This means…
— fincontrarian (@fincontrarian) June 9, 2026
THORChain employs a Threshold Signature Scheme (TSS), which requires multiple nodes to sign transactions, preventing a single node from moving funds independently.
Attackers exploited flaws in the GG20 TSS implementation by leveraging undisclosed cryptographic weaknesses. Soda Labs confirmed that this is a zero-day vulnerability and requested verification by a human cryptographer as the attack cannot be reproduced with an AI model.
The version 3.19 rollout addresses this issue by patching the TSS library, resolving gaps of up to $10 million through governance-approved migrations, and initiating an 11-step restart that will take approximately one week to return to full operations. Separately, a $700,000 accounting issue was also resolved.
A controversial decision was to temporarily close source the TSS library during Soda Labs’ audit. THORChain member Kenton noted that this choice sacrificed transparency for faster recovery and sparked debate within the community. This library is expected to return to open source status in a future release.
Exclusive: Earn $10 USDC on Binance Signup
Why Monero is first and whether XMR can move the needle on RUNE
(Source: TradingView)
Monero’s prominent position in the DEX queue is due to the lack of trustless, non-custodial options for XMR users, especially since major centralized exchanges delisted Monero. If THORChain enables native XMR swaps, it could dominate permissionless Monero liquidity and use its pricing power to set initiation fees at 50bps.
For RUNE holders, as Monero volume increases, demand for RUNE increases as all swaps are settled through RUNE. This has sparked a “THORChain renaissance” and the integration of Monero is seen as an important step beyond mere recovery. However, previous issues with this protocol regarding privacy and asset integration have raised concerns about its ability to securely manage high-privacy L1S.
Monero trading volumes are expected to be moderate initially, but the broader roadmap also includes other assets such as Zcash and Polygon. Monero will be the opening act for THORChain, rather than the entire show.
Explore: The Best Cryptocurrency Presales with Asymmetric Upsides in the Current Market
The post THORChain V3.19 is now live: I’m new to Monero, can I save RUNE? appeared first on 99Bitcoins.
