Ask about Thala
Logo of ThalaThala(THL)
Total Value Locked$12.17m

TVL by Chain

Aptos$12.17m

Key Metrics

Fees (Annualized)$875,692
Fees 30d$71,778

Aptos$71,778

Fees 7d$1,776

Aptos$1,776

Fees 24h$856

Aptos$856

Cumulative Fees$5.96m

Aptos$5.96m

Revenue (Annualized)$265,801
Revenue 30d$21,787

Aptos$21,787

Revenue 7d$513

Aptos$513

Revenue 24h$251

Aptos$251

Cumulative Revenue$2.23m

Aptos$2.23m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$265,801

Earnings 30d$21,787

Earnings 7d$513

Earnings 24h$251

Cumulative Earnings$2.23m

DEX Volume 30d$643m
DEX Volume 30d by chain

Aptos$643m

DEX Volume 7d$8.96m

Aptos$8.96m

DEX Volume 24h$7.04m

Aptos$7.04m

Cumulative DEX Volume$15.419b

Aptos$15.419b

Staked$233,108

$THL Liquidity$1.11m

ThalaSwap$1.11m

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

CategoryLiquid Staking
WebsiteGitHubTwitter

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 - Swap fees paid by usersView code on GitHubThalaSwap V2 - Swap fees paid by usersView code on GitHubThalaSwap V3 - Swap fees paid by usersView code on GitHub

Revenue:

Thala CDP - 100% of borrow interest is retained by the Thala protocol (no external lenders).View code on GitHubThalaSwap - Percentage of swap fees going to treasury and/or token holdersView code on GitHubThalaSwap V2 - Percentage of swap fees going to treasury and/or token holdersView code on GitHubThalaSwap V3 - Percentage of swap fees going to treasury and/or token holdersView 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 Tracked22

Average APY27.12%

Hacks

Date: Nov 15, 2024

Protocol: ThalaSwap

Amount: $25.5m

Classification: Protocol Logic

Technique: Drained Liquidity Pool

Chains: Aptos

Language: Move

Target Type: DeFi Protocol