Total Value Locked$3.56m
TVL by Chain
BSC$3.55m
opBNB$3,875
Key Metrics
Fees 30d$53,531
Fees 30d by chain
BSC$53,531
Fees 7d$10,944
BSC$10,944
Fees 24h$2,239
BSC$2,239
Cumulative Fees$31.06m
BSC$31.06m
Revenue 30d$53,531
Revenue 30d by chain
BSC$53,531
Revenue 7d$10,944
BSC$10,944
Revenue 24h$2,239
BSC$2,239
Cumulative Revenue$31.04m
BSC$31.04m
Holders Revenue 30d$53,531
Holders Revenue 30d by chain
BSC$53,531
Holders Revenue 7d$10,944
BSC$10,944
Holders Revenue 24h$2,239
BSC$2,239
Cumulative Holders Revenue$31.02m
BSC$31.02m
Incentives 1y$3.17m
Incentives 30d$71,535
Incentives 7d$12,214
Incentives 24h$1,691
Cumulative Incentives$71.41m
Earnings (Annualized)-$750,574
Earnings 30d-$18,003
Earnings 7d-$1,270
Earnings 24h$548.37
Cumulative Earnings-$40.37m
DEX Volume 30d$48.88m
DEX Volume 30d by chain
BSC$48.88m
DEX Volume 7d$10.61m
BSC$10.61m
DEX Volume 24h$1.97m
BSC$1.97m
Cumulative DEX Volume$40.411b
BSC$40.411b
Perp Volume 30d$0
Perp Volume 30d by chain
BSC$0
Perp Volume 7d$0
BSC$0
Perp Volume 24h$0
BSC$0
Cumulative Perp Volume$1.199b
BSC$1.199b
Open Interest$0
Market Cap$4.03m
$THE Price$0.029
Fully Diluted Valuation$8.47m
Outstanding FDV$9.59m
$THE Volume 24h$2.85m
CEX Volume$2.61m
DEX Volume$343,236(12.05% 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
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
Yields
Pools Tracked16
Average Supply APY45.09%
Largest Pools by TVL
BTCB-WBNBBSC$433,561
SINGULARRY-WBNBBSC$217,362
ETH-WBNBBSC$189,606
ORBS-WBNBBSC$131,987
USDT-USDCBSC$126,514
User Activity
Active Addresses (24h)5
New Addresses (24h)0
Transactions (24h)9
Gas Used (24h)0 BNB
Gas Cost (24h)$0.07
THENA history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 5, 2023 to Nov 14, 2026.
All-time high TVL: $174.48m on Mar 9, 2023. All-time low TVL: $124 on Jan 5, 2023.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| 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 | $4.59m |
| Oct 26, 2026 | $4.54m |
| Oct 27, 2026 | $4.51m |
| Oct 28, 2026 | $4.57m |
| Oct 29, 2026 | $4.59m |
| Oct 30, 2026 | $4.32m |
| Oct 31, 2026 | $4.4m |
| Nov 1, 2026 | $4.39m |
| Nov 2, 2026 | $4.43m |
| Nov 3, 2026 | $4.4m |
| Nov 4, 2026 | $4.39m |
| Nov 5, 2026 | $4.55m |
| Nov 6, 2026 | $4.19m |
| Nov 7, 2026 | $4.27m |
| Nov 8, 2026 | $4.24m |
| Nov 9, 2026 | $4.09m |
| Nov 10, 2026 | $4.09m |
| Nov 11, 2026 | $4.04m |
| Nov 12, 2026 | $4.03m |
| Nov 13, 2026 | $3.98m |
| Nov 14, 2026 | $3.74m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| 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 31, 2026 | $4.4m |
| Nov 14, 2026 (latest) | $3.74m |
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, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| 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 | $52,684 | $52,684 | $52,684 |
| Nov 2026 (to date) | $22,152 | $22,152 | $22,152 |
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 Nov 14, 2026, THENA has $3.56m in total value locked. TVL has decreased 28.6% 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 $53,531 in fees. Of that, $53,531 was protocol revenue. Based on the trailing year, the annualized rate is $2.43m in fees and $2.42m in revenue.
What is the THE token price and valuation?
THE is currently trading at $0.029. Its circulating market capitalization is $4.05m, ranking it #2,082. Its fully diluted valuation is $8.5m. Supply currently stands at 136.89m circulating, 287.43m total supply, 359.8m maximum supply.
How has THE performed recently?
THE is down 18.8% over the past 7 days and down 45.5% over the past 30 days. Its all-time high is $4.03, reached on Nov 27, 2024. The token is currently 99.3% 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 $48.88m in DEX volume over the past 30 days.