ExWell vs THORChain
THORChain has the higher grade on both axes: Safety 5.9 against 3.9, and Privacy 8.5 against 2.1.
ExWell
Crypto exchange and TRON energy rental run by a Belize company, with risk-scored swaps
Privacy
2.1/ 10
Poor
Safety
3.9/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
THORChain
Cross-chain DEX protocol for native asset swaps, with an official swap interface
Privacy
8.5/ 10
Excellent
Safety
5.9/ 10
Fair
ID never required KYC 0 Docs reviewed Full review →
Side by side
| ExWell | THORChain | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID on risk flag | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | Not published | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | XMR, USDT, TRX, AAVE, SHIB, DAI | BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE |
| Pay with | Crypto, Monero | Crypto |
| Fees | Not published | Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ) |
| Jurisdiction | Belize | Not published |
| Not available in | Terms: United States and US territories, Russia, Belarus, Iran, North Korea, Syria, Pakistan, occupied territories of Ukraine and others | Site terms exclude sanctioned jurisdictions and those flagged by FATF; the FAQ says the protocol has no geographic restrictions |
| Incidents on record | 0 | 1 |
| Published tests (180 days) | 0 | 0 |
Only ExWell
Accepts MoneroThird-party liquidityAML screeningMay request IDExcludes US usersLegal entity disclosedClosed sourceRuns an affiliate programme
Both
Nothing distinct
Only THORChain
No registrationNo email neededNo phone neededOpen sourceNon-custodialAnonymous operator
Where they sit among instant swaps
Questions
Is ExWell or THORChain safer?
THORChain has the higher Safety grade: ExWell 3.9, THORChain 5.9, out of 10.
Does ExWell or THORChain require KYC?
ExWell is KYC level 3 (ID on risk flag). THORChain is KYC level 0 (ID never required).
Which has more incidents on record?
ExWell has 0 and THORChain has 1 documented incident in the registry.