Ask about Thala
Logo of ThalaThala(THL)
Total Value Locked$5.1m

TVL by Chain

Aptos$5.1m

Key Metrics

Fees (Annualized)$1.22m
Fees 30d$74,386.4

Aptos$74,386.4

Fees 7d$14,613.78

Aptos$14,613.78

Fees 24h$2,176.39

Aptos$2,176.39

Cumulative Fees$6.11m

Aptos$6.11m

Revenue (Annualized)$553,306.86
Revenue 30d$22,279.86

Aptos$22,279.86

Revenue 7d$4,430.03

Aptos$4,430.03

Revenue 24h$706.39

Aptos$706.39

Cumulative Revenue$2.28m

Aptos$2.28m

Incentives 1y$0

$0

$0

$0

$0

Earnings (Annualized)$553,306.86

$22,279.86

$4,430.03

$706.39

$2.28m

DEX Volume 30d$722.89m
DEX Volume 30d by chain

Aptos$722.89m

DEX Volume 7d$143.09m

Aptos$143.09m

DEX Volume 24h$20.66m

Aptos$20.66m

Cumulative DEX Volume$16.813b

Aptos$16.813b

Staked$166,460

$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

Category:Dexs

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 - 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 Tracked14

Average Supply APY3.22%

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

Competitors

PancakeSwap AMM ($1.694b)Cetus CLMM ($24.73m)Hyperion ($5.12m)Bridgers ($2.39m)ThalaSwap V3 ($1.83m)LiquidSwap ($1.06m)ThalaSwap ($631,805.97)ThalaSwap V2 ($581,646.13)Cellana Finance ($472,658.91)Sushi Aptos ($275,870)

Frequently Asked Questions

What is Thala?

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

What is Thala's TVL?

Thala currently has $5.1m in total value locked. TVL has decreased 23.6% 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 $74,386.4 in fees. Of that, $22,279.86 was protocol revenue. Based on the trailing year, the annualized rate is $1.22m in fees and $553,306.86 in revenue.

Which protocols are included in Thala?

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

How much trading volume does Thala process?

Thala processed $722.89m 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 Protocol Logic.