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  • XMR · ZEC · DASH
  • Non-custodial
  • 0% platform fee

Monero on a decentralized exchange.

Swapping into XMR without handing your identity to an exchange was the hard problem in privacy-coin trading once the delistings began. A native cross-chain route solves it — a private, decentralized Monero swap: send bitcoin, receive monero, and no third party takes custody at any point in between.

The short version

Native XMR, no custodian

Monero routes natively through THORChain, so the swap settles directly between the two chains rather than through a wrapped token or an intermediary holding your funds while it clears.

THORDEX adds no platform fee on top, keeps no account and runs with no backend server. Zcash and Dash are supported alongside it, including shielded zs1… addresses.


Today

What you can swap right now

Three privacy assets, all non-custodial, none of them requiring an account or an identity check.

Privacy assets — current state
AssetStatusNotes
XMR Live Native Monero swaps through THORChain — real monero out, no wrapped token and no custodian in between
ZEC Live Transparent and shielded addresses both accepted. The app validates zs1… shielded addresses before it will send
DASH Live Includes a dedicated DashPay mobile connector for deep-link signing

The privacy pivot, and its limits

A pattern people describe often: move value from a transparent chain into a private one, so the trail ends. Swap bitcoin into monero and the receiving side is opaque in a way a Bitcoin address never is.

The limit is worth stating plainly. The inbound leg is still a public transaction on a public ledger. Anyone watching that chain can see funds leave your address and enter a swap. What changes is what happens after — and, if you use a front end with no server, the fact that no operator has a record tying you to the swap in the first place.


Why

Why XMR users end up needing a DEX

Monero's problem was never demand. It was access. As centralized venues removed the pair across multiple jurisdictions, the ordinary route into XMR — open an account, verify identity, buy — closed in more and more places.

The reason is structural rather than political. Exchanges operate under transaction-monitoring obligations that assume a readable ledger. Monero hides amounts, senders and recipients by default, so the chain-analysis trail regulators expect cannot be produced. Delisting was the cheaper answer.

What followed is the interesting part: on-chain activity did not fall. It moved. Users went to atomic-swap markets, peer-to-peer trades and decentralized protocols instead. A native cross-chain route is the first option in that set that feels like ordinary trading — you send bitcoin, you receive monero, and no third party takes custody at any point.

Where a serverless front end fits

A decentralized protocol still needs an interface, and that interface is usually an ordinary website — which reintroduces exactly the intermediary the protocol removed. It can log, it can be compelled, its domain can be seized, and the JavaScript it serves can change between audit and delivery.

THORDEX is delivered as a single HTML file addressed by its content hash on IPFS, so there is no operator in the path to log anything and no host to compel. You can also save the whole interface to disk and run it from a file, which means your access does not depend on any website continuing to exist. For an asset that has already been removed from most regulated venues, that property is not academic.


How

How a non-custodial privacy swap works

The mechanics are the same for Monero, Zcash and Dash. No account is created at any point, and no intermediary holds the funds.

  1. Generate a receiving address in your own wallet

    Do this first, in a wallet you control, and record the seed phrase offline. You will paste this address into the swap as the destination. Verify it carefully — privacy-coin addresses are long, and a transposed character sends funds somewhere unrecoverable.

  2. Connect the wallet holding what you are selling

    A hardware wallet, a browser wallet or a keystore file. Keys stay on your device; THORDEX never sees them and signs nothing on your behalf.

  3. Check the quote, then sign

    The quote shows the full cost before you commit — protocol fee, network gas and expected output. THORDEX adds 0% on top. Sign in your wallet and the transaction broadcasts directly to the network.

  4. Wait for settlement

    Cross-chain settlement takes as long as the slower chain needs to confirm. Nothing is held by an intermediary while you wait — the protocol's vaults hold the inbound asset and release the outbound one.


FAQ

Monero DEX questions

Is there a private, decentralized exchange for Monero?
Yes — that is what a native cross-chain route provides. A Monero swap on THORDEX settles directly between chains from your own wallet: no account, no identity check, no custodian, and no server that could log the trade. The interface adds no platform fee and is itself delivered over IPFS, so a private, decentralized Monero exchange is exactly what you are using — with nothing standing between you and the protocol.
Can I swap Bitcoin for Monero on a decentralized exchange?
Yes. Monero routes natively through THORChain, so a BTC to XMR swap settles directly between the two chains with no custodian and no wrapped token in between. You send bitcoin from your own wallet and monero arrives at an address you control. No account is created at any point.
Why did centralized exchanges delist Monero?
Because Monero's privacy design makes the transaction-monitoring obligations that exchanges operate under difficult to satisfy. Amounts, senders and recipients are hidden by default, so an exchange cannot produce the chain-analysis trail its regulators expect. Rather than solve that, most large venues removed the pair. The effect was to push XMR activity toward decentralized and peer-to-peer channels rather than away from Monero itself.
Which privacy coins can I swap on THORDEX right now?
Monero, Zcash and Dash. Monero routes natively through THORChain; Zcash and Dash come through the NEAR Intents routing layer. Zcash works with both transparent addresses and shielded zs1 addresses, which the app validates before it will let a transaction proceed.
Does a decentralized exchange make my Monero transaction more private?
No, and it is worth being precise about why. Monero's privacy comes from the Monero protocol itself — ring signatures, stealth addresses and confidential amounts — not from the interface you used to acquire it. What a decentralized, serverless front end adds is that no operator learns you made the swap: no account, no identity check, no server-side record. The two are complementary, and neither substitutes for the other.
Do I need KYC or an account to swap into XMR?
No. There is no KYC, no identity check and no account, because there is no counterparty holding your funds — the swap settles on-chain from your own wallet. Connect a wallet, generate a receiving address, check the quote and sign — there is nothing else to provide.
What is the safest way to hold XMR after swapping into it?
In a wallet you control, with the seed phrase recorded offline. Because a decentralized swap sends the output directly to an address you supply, you should generate that address in your own Monero wallet before starting, and verify it character by character — Monero addresses are long and a transposed character sends funds nowhere recoverable.

Swap privacy assets with no account, at 0%.

Monero, Zcash and Dash — no sign-up, no tracking, and an interface you can keep as a file.

Open THORDEX