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Thala(THL)

Total Value Locked$4.5m

TVL by Chain

Aptos$4.5m

Key Metrics

Fees 30d$15,397
Fees 30d by chain

Aptos$15,397

Fees 7d$3,224

Aptos$3,224

Fees 24h$612.24

Aptos$612.24

Cumulative Fees$6.18m

Aptos$6.18m

Revenue 30d$4,537
Revenue 30d by chain

Aptos$4,537

Revenue 7d$935.51

Aptos$935.51

Revenue 24h$168.80

Aptos$168.80

Cumulative Revenue$2.3m

Aptos$2.3m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$289,636

$4,537

$935.51

$168.80

$2.3m

DEX Volume 30d$130.93m
DEX Volume 30d by chain

Aptos$130.93m

DEX Volume 7d$26.26m

Aptos$26.26m

DEX Volume 24h$4.23m

Aptos$4.23m

Cumulative DEX Volume$17.483b

Aptos$17.483b

Market Cap$756,721

$THL Price$0.01

All Time High$3.13

All Time Low$0.0051

View $THL token page

$1.02m

$979,702

$THL Volume 24h$555.08

CEX Volume$0

DEX Volume$614.23(110.66% of total)

Staked$217,773(28.78% of mcap)

Total Raised$6m

Oct 25, 2022$6mRound: SeedInvestors: Shima Capital, ParaFi Capital, White Star Capital, BECO Capital, LedgerPrime, IVC, Qredo Network, Kenetic Capital, Big Brain Holdings, Karatage, Saison Capital, Builder Capital, Brilliance Ventures, Signum Capital, Serafund

Protocol Information

Thala is a decentralized finance protocol powered by the Move language, enabling seamless borrowing of a decentralized, over-collateralized stablecoin in Move Dollar and capital-efficient liquidity provisioning via a rebalancing AMM on the Aptos blockchain

WebsiteGitHubX/Twitter
Categories:Liquid StakingDexsCDP
Products:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Thala CDP - Borrow interest accrued on Move Dollar (MOD) CDP vaults, computed from on-chain liabilities and annual interest rates.View code on GitHubThalaSwap - Total swap fees paid by traders (0.05% on stable pools, 0.15% on weighted pools, up to 1% on LBPs), summed from the protocol's trading-fee API.View code on GitHubThalaSwap V2 - Swap fees paid by usersView code on GitHubThalaSwap V3 - Total swap fees paid by traders, summed from the protocol's trading-fee API.View code on GitHub

Revenue:

Thala CDP - 100% of borrow interest is retained by the Thala protocol (no external lenders).View code on GitHubThalaSwap - The protocol's cut of swap fees that accrues to the treasury, from the protocol's protocol-revenue API.View code on GitHubThalaSwap V2 - Percentage of swap fees going to treasury and/or token holdersView code on GitHubThalaSwap V3 - The protocol's cut of swap fees that accrues to the treasury, from the protocol's protocol-revenue API.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Yields

Pools Tracked16

Average Supply APY7.79%

Hacks

Date: Nov 15, 2024

Protocol: ThalaSwap

Amount: $25.5m

Classification: Input Validation

Technique: Missing Input Validation

Chains: Aptos

Language: Move

Target Type: DeFi Protocol

Frequently Asked Questions

What is Thala's TVL?

Thala currently has $4.5m in total value locked. TVL has decreased 19.8% over the past 30 days.

What chains does Thala operate on?

Thala operates on Aptos. Aptos holds the largest share at 100%.

How much has Thala generated in fees and revenue?

Over the past 30 days, Thala generated $15,397 in fees. Of that, $4,537 was protocol revenue. Based on the trailing year, the annualized rate is $711,990 in fees and $289,636 in revenue.

What is the THL token price and valuation?

THL is currently trading at $0.01. Its circulating market capitalization is $756,307, ranking it #3,817. Its fully diluted valuation is $1.02m. Supply currently stands at 74.38m circulating, 100m total supply, 100m maximum supply.

How has THL performed recently?

THL is down 3% over the past 7 days and up 22% over the past 30 days. Its all-time high is $3.13, reached on Mar 20, 2024. The token is currently 99.7% below that level.

Which protocols are included in Thala?

Thala is a parent protocol whose tracked products include Thala LSD, ThalaSwap V3, ThalaSwap, ThalaSwap V2, and Thala CDP and 1 others.

How much trading volume does Thala process?

Thala processed $130.93m in DEX volume over the past 30 days.

Has Thala ever been exploited?

Thala has 1 recorded security incident. The most recent incident occurred on Nov 15, 2024 and involved $25.5m. It was classified as Input Validation.