Total Value Locked$4.6m
TVL by Chain
BSC$4.59m
opBNB$4,728
Key Metrics
Fees 30d$51,953
Fees 30d by chain
BSC$51,953
Fees 7d$11,849
BSC$11,849
Fees 24h$1,316
BSC$1,316
Cumulative Fees$31.02m
BSC$31.02m
Revenue 30d$51,953
Revenue 30d by chain
BSC$51,953
Revenue 7d$11,849
BSC$11,849
Revenue 24h$1,316
BSC$1,316
Cumulative Revenue$31.01m
BSC$31.01m
Holders Revenue 30d$51,953
Holders Revenue 30d by chain
BSC$51,953
Holders Revenue 7d$11,849
BSC$11,849
Holders Revenue 24h$1,316
BSC$1,316
Cumulative Holders Revenue$30.99m
BSC$30.99m
Incentives 1y$3.48m
Incentives 30d$104,432
Incentives 7d$19,232
Incentives 24h$2,710
Cumulative Incentives$71.37m
Earnings (Annualized)-$780,000
Earnings 30d-$52,479
Earnings 7d-$7,383
Earnings 24h-$1,394
Cumulative Earnings-$40.36m
DEX Volume 30d$46.16m
DEX Volume 30d by chain
BSC$46.16m
DEX Volume 7d$10.03m
BSC$10.03m
DEX Volume 24h$929,398
BSC$929,398
Cumulative DEX Volume$40.378b
BSC$40.378b
Perp Volume 30d$7,013
Perp Volume 30d by chain
BSC$7,013
Perp Volume 7d$0
BSC$0
Perp Volume 24h$0
BSC$0
Cumulative Perp Volume$1.198b
BSC$1.198b
Open Interest$0
Market Cap$7.22m
$THE Price$0.053
Fully Diluted Valuation$15.14m
Outstanding FDV$17.2m
$THE Volume 24h$2.8m
CEX Volume$2.44m
DEX Volume$398,322(14.22% of total)
Total Raised$600,000
Dec 8, 2023$600,000Round: StrategicInvestors: Orbs
Protocol Information
THENA is a native liquidity layer & AMM on BNB Chain
- THENA INTEGRALDexs
- THENA V1Dexs
- THENA FUSIONDexs
- THENA PERPSDerivatives
Yields
Pools Tracked19
Average Supply APY46.87%
User Activity
Active Addresses (24h)5
New Addresses (24h)0
Transactions (24h)12
Gas Used (24h)0 BNB
Gas Cost (24h)$0.15
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
Perp Volume: Notional volume of all trades including leverage on the perp exchange
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
THENA history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 5, 2023 to Oct 25, 2026.
All-time high TVL: $174.48m on Mar 9, 2023. All-time low TVL: $124 on Jan 5, 2023.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $5.17m |
| Sep 27, 2026 | $5.22m |
| Sep 28, 2026 | $5.26m |
| Sep 29, 2026 | $5.18m |
| Sep 30, 2026 | $5.3m |
| Oct 1, 2026 | $5.69m |
| Oct 2, 2026 | $5.45m |
| Oct 3, 2026 | $5.49m |
| Oct 4, 2026 | $5.56m |
| Oct 5, 2026 | $5.63m |
| Oct 6, 2026 | $5.36m |
| Oct 7, 2026 | $5.39m |
| Oct 8, 2026 | $5.18m |
| Oct 9, 2026 | $5.04m |
| Oct 10, 2026 | $4.95m |
| Oct 11, 2026 | $5.13m |
| Oct 12, 2026 | $5.2m |
| Oct 13, 2026 | $5.03m |
| Oct 14, 2026 | $5.11m |
| Oct 15, 2026 | $4.98m |
| Oct 16, 2026 | $4.94m |
| Oct 17, 2026 | $4.91m |
| Oct 18, 2026 | $4.83m |
| Oct 19, 2026 | $4.71m |
| Oct 20, 2026 | $4.69m |
| Oct 21, 2026 | $4.77m |
| Oct 22, 2026 | $4.73m |
| Oct 23, 2026 | $4.67m |
| Oct 24, 2026 | $4.63m |
| Oct 25, 2026 | $4.62m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $73.63m |
| Dec 31, 2024 | $54.06m |
| Jan 31, 2025 | $43.58m |
| Feb 28, 2025 | $33.12m |
| Mar 31, 2025 | $29.21m |
| Apr 30, 2025 | $26.28m |
| May 31, 2025 | $29.86m |
| Jun 30, 2025 | $29.2m |
| Jul 31, 2025 | $28.72m |
| Aug 31, 2025 | $28.16m |
| Sep 30, 2025 | $25.23m |
| Oct 31, 2025 | $21.84m |
| Nov 30, 2025 | $15.93m |
| Dec 31, 2025 | $15.14m |
| Jan 31, 2026 | $15.11m |
| Feb 28, 2026 | $12.57m |
| Mar 31, 2026 | $7.42m |
| Apr 30, 2026 | $7.37m |
| May 31, 2026 | $7.14m |
| Jun 30, 2026 | $4.38m |
| Jul 31, 2026 | $3.67m |
| Aug 31, 2026 | $4.11m |
| Sep 30, 2026 | $5.3m |
| Oct 25, 2026 (latest) | $4.62m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $38.41m |
| Dec 31, 2024 | $54.06m |
| Dec 31, 2025 | $15.14m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $2.29m | $2.29m | $2.29m |
| Dec 2024 | $2.74m | $2.74m | $2.74m |
| Jan 2025 | $1.66m | $1.66m | $1.66m |
| Feb 2025 | $1.76m | $1.76m | $1.76m |
| Mar 2025 | $1.03m | $1.03m | $1.03m |
| Apr 2025 | $706,488 | $706,488 | $706,488 |
| May 2025 | $761,019 | $761,019 | $761,019 |
| Jun 2025 | $441,631 | $441,631 | $441,631 |
| Jul 2025 | $658,505 | $658,505 | $658,505 |
| Aug 2025 | $597,528 | $597,528 | $597,528 |
| Sep 2025 | $853,135 | $853,135 | $853,135 |
| Oct 2025 | $1.01m | $997,607 | $996,211 |
| Nov 2025 | $496,161 | $494,075 | $493,737 |
| Dec 2025 | $328,996 | $328,680 | $328,631 |
| Jan 2026 | $304,865 | $303,314 | $303,063 |
| Feb 2026 | $354,558 | $354,442 | $354,424 |
| Mar 2026 | $475,715 | $475,583 | $475,564 |
| Apr 2026 | $121,840 | $121,598 | $121,562 |
| May 2026 | $104,191 | $104,172 | $104,169 |
| Jun 2026 | $135,451 | $135,441 | $135,440 |
| Jul 2026 | $78,575 | $78,480 | $78,464 |
| Aug 2026 | $83,570 | $83,491 | $83,478 |
| Sep 2026 | $82,150 | $82,149 | $82,149 |
| Oct 2026 (to date) | $38,963 | $38,963 | $38,963 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/thena
Frequently asked questions
What is THENA's TVL?
As of Oct 25, 2026, THENA has $4.6m in total value locked. TVL has decreased 9.3% over the past 30 days.
What chains does THENA operate on?
THENA operates on 2 chains: BSC and opBNB. BSC holds the largest share at 99.9%.
How much has THENA generated in fees and revenue?
Over the past 30 days, THENA generated $51,953 in fees. Of that, $51,953 was protocol revenue. Based on the trailing year, the annualized rate is $2.71m in fees and $2.7m in revenue.
What is the THE token price and valuation?
THE is currently trading at $0.053. Its circulating market capitalization is $7.22m, ranking it #1,709. Its fully diluted valuation is $15.14m. Supply currently stands at 136.96m circulating, 287.43m total supply, 326.12m maximum supply.
How has THE performed recently?
THE is down 5.9% over the past 7 days and down 38.1% over the past 30 days. Its all-time high is $4.03, reached on Nov 27, 2024. The token is currently 98.7% below that level.
Which protocols are included in THENA?
THENA is a parent protocol whose tracked products include THENA INTEGRAL, THENA V1, THENA FUSION, and THENA PERPS.
How much trading volume does THENA process?
THENA processed $46.16m in DEX volume over the past 30 days.

