OctoSwap vs THORChain
THORChain has the higher grade on both axes: Safety 5.9 against 4.6, and Privacy 8.5 against 6.9.
OctoSwap
Instant swap of 500+ coins with no registration; terms commit to returning failed swaps
Privacy
6.9/ 10
Fair
Safety
4.6/ 10
Caution
No ID mentioned KYC 1 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
| OctoSwap | THORChain | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | No ID mentioned | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | No | Yes |
| Tor onion address | No | No |
| Coins | BTC, ETH, XMR, BCH | BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE |
| Pay with | Crypto, Monero | Crypto |
| Fees | Fees included in the displayed rate (terms s.3.1) | Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ) |
| Limits | Per-pair minimum and maximum shown in the form | Not published |
| Not available in | Not published | 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 OctoSwap
Accepts MoneroRefund without IDAML screeningClosed source
Both
No registrationNo email neededNo phone neededAnonymous operator
Only THORChain
Open sourceNon-custodial
Where they sit among instant swaps
Questions
Is OctoSwap or THORChain safer?
THORChain has the higher Safety grade: OctoSwap 4.6, THORChain 5.9, out of 10.
Does OctoSwap or THORChain require KYC?
OctoSwap is KYC level 1 (no ID mentioned). THORChain is KYC level 0 (ID never required).
Which has more incidents on record?
OctoSwap has 0 and THORChain has 1 documented incident in the registry.