THORChain resumes swaps on 11 blockchains following version 3.21.1 update, but network is not fully operational pending 14 node upgrades.
Tech & Launches ·
THORChain has resumed swaps across 11 blockchains following the deployment of version 3.21.1, though the network remains partially operational as 14 nodes await upgrade completion. The update represents progress in restoring full functionality after recent protocol disruptions tied to security vulnerabilities in the network's threshold signing mechanism.
The version 3.21.1 rollout marks a staged recovery process in which swap operations have been selectively restored while validator participation remains incomplete. The 14 pending node upgrades indicate that consensus across the validator set has not yet been fully achieved, creating a bottleneck between the current state—where trading is live on a subset of supported chains—and full network operationalization across all connected blockchains.
What remains uncertain is the timeline for the remaining 14 validators to complete their upgrades and whether any additional technical or operational barriers may emerge before the network reaches its intended operational scope. The messaging does not specify whether the 11 resumed chains represent the complete set of THORChain's supported networks or a subset, nor does it clarify the triggering conditions or deadlines for the outstanding node transitions.