Thorchain RUNE remains an unsustainable platform with a design at risk for a negative feedback loop on the native token asset. Q2 Volume + revenue was ONLY attributable to money laundering from the 2/21 @Bybit_Official exploit. Now that DPRK is done money laundering their stolen funds, I think itll continue to decline vs BTC and other alts with true PMF. IMO, the current churn rate is evidence of validators understanding the project is cooked. Next churn in 2d. Analytics courtesy of @DefiLlama