THORChain drawdowns: every fall of 20% or more, and the recovery
Since 2020, THORChain has fallen 20% or more from a record daily close 7 times. The deepest was −98%, from 18 May 2021 to 5 Jun 2026. Of the 6 that have fully recovered, the median took 16 days from the old record to a new one.
Record daily close$20.3418 May 2021
At the 14 Nov 2026 close−98%from the record · 2,006 days since
RUNE price · last close$0.508014 Nov 2026 close: $0.5080
Falls of 20% or more76 recovered · 1 still open
Every episode
| Record close | Price | Low | Price | Depth | Days to the low | Days to a new record |
|---|---|---|---|---|---|---|
| 18 May 2021 | $20.34 | 5 Jun 2026 | $0.3210 | −98% | 1,844 | not yet |
| 18 Apr 2021 | $16.61 | 24 Apr 2021 | $11.31 | −32% | 6 | 15 |
| 11 Mar 2021 | $6.42 | 24 Mar 2021 | $4.64 | −28% | 13 | 18 |
| 18 Jan 2021 | $2.07 | 21 Jan 2021 | $1.65 | −21% | 3 | 4 |
| 3 Dec 2020 | $1.02 | 11 Dec 2020 | $0.8040 | −21% | 8 | 13 |
| 17 Nov 2020 | $1.01 | 27 Nov 2020 | $0.7722 | −23% | 10 | 16 |
| 4 Sep 2020 | $0.8183 | 23 Sep 2020 | $0.3389 | −59% | 19 | 71 |
An episode starts at a record daily close and ends at the first close above it. Depth is measured at the lowest close in between. Daily closes, UTC, Binance spot; history starts 4 Sep 2020, so earlier records are not included.