Asset Notation

Understanding THORChain Asset Notation

MAYAChain uses a CHAIN.ASSET notation for all assets. TICKER and ID are added where required. The asset full notation is pictured.

L1 Asset Notation

There are three kinds of assets within MAYAChain:

1. Layer 1 Assets - CHAIN.ASSET

2. Synthetic Assets - CHAIN/Asset

Examples

Asset	Notation
Bitcoin	BTC.BTC (Native BTC)
Bitcoin	BTC/BTC (Synthetic BTC)
Bitcoin	MAYA.BTC (Derived BTC)
Ethereum	ETH.ETH
USDT	ETH.USDT-0xdac17f958d2ee523a2206206994597c13d831ec7
DASH	DASH.DASH (Native)
DASH	DASH/DASH (Synth)
CACAO	THOR.RUNE

Layer 1 Assets

• Layer 1 (L1) chains are always denoted as CHAIN.ASSET, e.g. BTC.BTC.

• As two tokens can live on different blockchains, the chain can be used to distinguish them. Example: USDC is on the Ethereum Chain and Arbitrum Chain and is denoted as ETH.USDC and ARB.USDC respectively; note the contract address (ticker) was removed for simplicity.

• Tickers are added to denote assets and are required in the full name. For EVM based Chains, the ticker is the ERC20 Contract address, e.g. ETH.USDC-0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48. This ensures the asset is specific to the contract address. The pools list shows assets using the full notation.

• Synthetic Assets are denoted as CHAIN/ASSET instead of CHAIN.ASSET, e.g. Synthetic BTC is BTC/BTC and Synthetic USDT is ETH/USDT. While Synthetic assets live on the MAYAChain blockchain, they retain their CHAIN identifier.

• Synthetic Assets can only be created from MAYAChain-supported L1 assets and are only denoted as CHAIN/ASSET, no ticker or ID is required.

• Chain differentiation is also used for Synthetics, e.g. ETH/USDC and ARB/USDC are different Synthetic assets created and redeemable on different chains.