What is RUNE / US Dollar (RUNEUSD)?
RUNE / US Dollar (RUNEUSD) is a spot trading pair on Binance, priced in US dollars. RUNE is the native token of THORChain, a decentralized cross-chain liquidity protocol that enables users to swap assets across different blockchains without wrapping or relying on centralized intermediaries. As a spot market, it reflects the direct exchange rate between RUNE and the US dollar rather than a derivative or leveraged contract. On TradeSearcher, this pair is backed by over 1,000 backtests spanning data since 2017, offering a deep, long-running foundation for evaluating how different strategies have performed across market cycles.