depouch

TLDR

depouch is a non-custodial cross-chain swap interface built on THORChain, Maya Protocol, and NEAR Intents. It lets users swap native layer-1 assets across 18 blockchains without creating an account, completing KYC checks, or handing custody of funds to a third party. The project is a father-and-son side business from Denmark that converted a philosophy about financial privacy into a working DEX frontend. As of September 2026, the platform has processed over 226 swaps totaling more than $200,000 in volume across 70 unique addresses.

Origin and Team

depouch was built by Thorbjorn "BubbiByte" Breum, a 24-year-old developer, and his father Carsten Breum. Thorbjorn first encountered Bitcoin around 2012-2013, when his father introduced him to digital money as a way around Danish age restrictions on banking accounts. That early experience shaped the pair's conviction that permissionless financial access is a fundamental need rather than a niche preference.

The Breums previously operated a peer-to-peer cryptocurrency exchange starting in 2020. When regulatory requirements mandated full KYC compliance by 2023, they shut the exchange down rather than build a surveillance layer into their product. They described the choice plainly: they were not interested in becoming an extension of the surveillance system. In 2023 they began building depouch as a hobby project, paused when Thorbjorn took a position at another crypto company, and returned to it. The current interface launched in August 2025.

The team remains small, essentially two people, and funds development through a 0.3% affiliate fee on completed swaps.

How It Works

depouch routes swap orders directly through THORChain and Maya Protocol rather than through centralized API intermediaries. NEAR Intents provide additional asset coverage. The integration bypasses third-party APIs entirely: the platform constructs a quote request specifying the input asset, output asset, amount, and destination address, then receives a memo and transaction details directly from the underlying protocols. Affiliate fees are expressed in basis points and referenced via a THORName for compact memo storage.

The user-facing flow is intentionally minimal. A user connects the sending wallet and only the sending wallet, then pastes the destination address for the receiving chain. The receiving wallet never connects to the interface, which eliminates common extension conflicts and makes it natural to send directly to a hardware wallet or a third-party address. Routing options are hidden until confirmation, but users who want to inspect alternative routes can access them through settings.

The asset list is curated and maintained publicly on GitHub. Rather than listing thousands of tokens with duplicate names and broken icons, depouch includes only assets the team has tested and confirmed have functional routes. This limits the total token count but sharply reduces user error.

Supported Chains and Assets

depouch provides access to the full depth of THORChain and Maya Protocol liquidity pools, which together cover 18 blockchains. Confirmed supported chains include Bitcoin, Ethereum, BNB Smart Chain, Avalanche, Tron, Cardano, Dogecoin, and Solana, among others. The project referenced routing across 16 native blockchain ecosystems in earlier communications, with the count growing as new chains and pools are added by the underlying protocols.

Blog-documented swap pairs include BTC/ETH, ETH/AVAX, TRX/ETH, USDT across Ethereum, Tron, and Avalanche, WBTC-to-native-BTC conversions, and DOGE/USDT. These guides target users migrating from centralized exchanges who search for step-by-step instructions, rather than existing permissionless-finance users.

Monero (XMR) support is pending THORChain opening an XMR liquidity pool. The team has publicly forecast that XMR will become THORChain's highest-volume pool once available, given demand for decentralized Monero trading with no wrapped or synthetic intermediaries.

Wallet Support

depouch supports eight wallets, with documented integration for MetaMask (Ethereum ecosystem), TronLink (Tron), Ctrl Wallet (multi-chain), and Eternl (Cardano). The Eternl integration, announced in September 2026, allows Cardano users to swap ADA into Bitcoin, Ethereum, and other assets without leaving their native wallet environment.

Fees

depouch charges a 0.3% affiliate fee on completed swaps. This fee is settled in RUNE via THORChain's affiliate fee mechanism and is included in the quoted price shown to users. Beyond the affiliate fee, users pay normal THORChain and Maya Protocol network fees and slippage on large trades. There are no subscription fees, registration costs, or deposit requirements. No funds are ever held by the depouch platform.

Security

depouch is a frontend interface, not a protocol. The platform itself does not custody assets, execute smart contracts, or hold user funds at any point during a swap. Security exposure is therefore bounded by the underlying protocols: THORChain and Maya Protocol manage liquidity pools and execution, and both have undergone extensive security reviews and operate under established bug bounty programs.

The depouch team implements address flagging at the frontend level as a compliance measure. Thorbjorn Breum has acknowledged that this is a soft check — users who wish to interact with the underlying protocols directly can do so — but it represents the team's effort to operate responsibly within the current regulatory environment. No frontend-specific audits have been publicly disclosed.

Roadmap

The team has outlined several development priorities. The first is a "Convert" memoless swap mode in which users receive an inbound deposit address and send from any external wallet without connecting to the interface at all, making depouch compatible with hardware wallets that cannot connect to web applications. The second is Monero support, awaiting THORChain pool availability, after which XMR swaps would settle natively without wrapping or custodying Monero at any stage. The team is also exploring Rujira perpetuals integration as the first derivatives product on the platform, and evaluating Chainflip primarily as a redundancy route.

Solana Fit

Solana is one of the native blockchains accessible through depouch's THORChain integration. Users can swap SOL directly for Bitcoin, Ethereum, and other assets within the supported pool set without wrapping tokens or bridging through an intermediary chain. THORChain's native-asset settlement model means the swap produces actual SOL at the destination address — not a synthetic or wrapped version — which fits naturally with Solana's emphasis on speed and composability with native assets. For Solana users wanting cross-chain exposure without giving up non-custodial control or submitting to KYC, depouch offers a straightforward on-ramp and off-ramp without account creation.

Market Position

depouch frames its primary competition as centralized exchanges, not other THORChain frontends. The team's view is that the migration of trading from centralized venues to on-chain protocols is the larger opportunity, and depouch is positioned for users making that transition who want a minimal interface rather than a feature-maximalist trading terminal.

The growth strategy reflects this: rather than sponsoring key opinion leaders, the team publishes long-form educational guides targeting specific search queries — such as how to swap USDT on Tron or move BTC to ETH without KYC — designed to reach users at the moment they are ready to leave a centralized exchange. Podcast appearances on the THORChain ecosystem feed provide additional discovery surface.

Volume and user counts remain at early-stage levels, but the platform is actively maintained. Wallet integrations, asset list updates, and consistent social engagement — including a rebrand announced via THORChain's weekly ecosystem recap in September 2026 — indicate a project still in forward motion.