**TESTNET WILL BE SHIPPED THIS WEEK**
The team feel confident that a public testnet will be shipped Wednesday/Thursday this week! Users will be able to swap assets across pools, and even swap and send them to each other. Assets will be sent via the new @bepswapbot which is a faucet on Telegram.
**TESTNET WILL BE SHIPPED THIS WEEK**
Overview
The team have opened a public Gitlab Board for community tracking of progress. It can be viewed here:


In addition to this, the team will also maintain public Milestones, so that progress can be easily snapshotted:

This is all part of the effort to make BEPSwap and it’s future successor, ASGARDEX, a community project.
BEPSwap Development
The team are working on 5 parallel streams of effort to deliver BEPSwap, which remains the primary focus.
Cosmos-powered SDK StateChain
Cross-chain infrastructure
Threshold Signature Scheme implementation
Front-end Integration for BEPSwap
Other development activities
StateChain
The Statechain had a few updates that have come about from testnet integration.
- FIX: Pool Address not displaying
- Create Pool & Admin/User Actions
- BUG: SWAP instruction does not return an asset
- Fix issue with pool creation
- ADD: Short-form and Symbol MEMO
- Audit & Test Batching of `TxIn` Array
- FIX: Transaction Types during Bootstrap.
- [CRITICAL] Staking manipulation bug
- BUG: Pools are being created with zero balances
Cross-chain Infra
A large change this week was in regards to how balances are reported on from the Observer, now removing decimals and opting for integer representation of balances to match Binance Chain.
Threshold Signatures
This week began to implement a peer-peer protocol for signing TSS signatures with no leaders. The design of it is covered in the documentation:

Front-end Integration
Massive work was done to front-load all the API integration points for the front-end.
- Swap and Send Detail View w/ Double Swap
- Display all token prices on swap screen & wallet
- Swap Page & Wallet API integration, Swap Detail Page API Integration
- FEATURE: Connect Wallet on testnet
- FIX: Expand coin icon out to the edge
- Swap Detail Page Issue, Swap Page Issues
- Remove all hard-coded data
Work is paying off, with the interface being very clean and pretty to look at:

Other Development
The BEPSwap telegram bot has been deployed and users can find it at @bepswapbot — where it will issue out testnet assets to enable the community to help test the upcoming testnet.
A block explorer was provisioned and will be specced out to be specific to BEPSwap in the coming months.
Timelines
The team are working for these milestones. These timelines are indicative, but it is important for the team to deliver with high productivity and constant community feedback.
Other Development:
- RUNEVault: July 2019 shipped
- Telegram Bot: August 2019 shipped
- Bep2Bot: August 2019 shipped
BEPSwap:
- Testnet: August 2019shipped
- Community Testing: eta this week
- Audit: September 2019 on-time
- Mainnet: October 2019 on-time
THORChain:
- Testnet: Q1 2020 on-time
- Mainnet: Q2-Q3 2020 on-time
Community
To keep up to date, please monitor community channels, particularly Telegram and Twitter:
- Twitter: https://twitter.com/thorchain_org
- Telegram Community: https://t.me/thorchain_org
- Telegram Announcements: https://t.me/thorchain
- Reddit: https://reddit.com/r/thorchain
- Github: https://github.com/thorchain
- Medium: https://medium.com/thorchain
Related articles
![State of Network - September 2026 thumbnail.]()
Oct. 6, 2026
State of the Network - September 2026
- Report
![State of the Network August 2026 report thumbnail covering THORChain swap volume, fees, active wallets, bonds, Protocol Owned Liquidity, and the affiliate leaderboard.]()
Sep. 4, 2026
State of the Network - August 2026
- Report
![THORChain State of the Network July 2026 thumbnail covering the first full month of post-restart volume, fees, yield, dynamic fee pilot data and user acquisition.]()
Aug. 26, 2026
State of the Network - July
- Report
![THORChain v3.20 protocol upgrade article thumbnail covering Monero and Zcash integration progress, Solana and BNB trading resumption, the Stable Reserve and Protocol Owned Liquidity activation.]()
Aug. 24, 2026
THORChain Protocol Upgrade v3.20
- Report
![A technical deep dive into the May 2026 THORChain exploit, explaining how the vulnerability was executed and how it was mitigated.]()
Aug. 6, 2026
THORChain Exploit Report #3
- Report
![ADR031 - The Path Forward With Rujira]()
Jul. 29, 2026
ADR031 - The Path Forward With Rujira
- Report
![THORChain ADR-029 article thumbnail explaining the REVSHARE mechanism, how the protocol pays affiliates from its own swap revenue and what that means for partner onboarding and quote competitiveness.]()
Jul. 24, 2026
ADR-029 Affiliate Revenue Share
- Report
![THORChain Q2 2026 report thumbnail.]()
Jul. 17, 2026
THORChain Quarterly Report - Q2 2026
- Report
![THORChain ADR-026 Dynamic Fee Model article thumbnail.]()
Jul. 9, 2026
ADR026 - Dynamic Fee Model
- Report
![THORChain Exploit Report #2 Thumbnail]()
Jul. 3, 2026
THORChain Exploit Report #2
- Report
![]()
Jul. 1, 2026
State of the Network - June
- Report
![THORChain v3.19.0 protocol upgrade article thumbnail covering Monero support, affiliate revenue share, DASH InstantSend and the TSS security patches behind the network restart.]()
Jun. 9, 2026
Protocol Upgrade - V3.19.0
- Report
![]()
Jun. 1, 2026
State of the Network - May
- Report
![THORChain May 15, 2026 Exploit Report #1]()
May. 20, 2026
THORChain Exploit Report #1
- Report
![]()
May. 12, 2026
THORChain Protocol Upgrade v3.18
- Report















