THENA
THE2023
$0.0528
-5.38%
24h Volume
$491.67K
24h High
$0.0583
24h Low
$0.0527
24h Change
-5.38%
About
THENA is a decentralized exchange (DEX) and liquidity layer on BNB Chain using a ve(3,3) tokenomics model. It offers spot swaps, concentrated AMMs, and perpetual futures with up to 60x leverage. veTHE holders control emission distribution through weekly votes and share in protocol revenue.
Use Cases
THE is used for liquidity provider rewards, governance, and revenue sharing by locking into veTHE.
Technology
ve(3,3) AMM DEX on BNB Chain, concentrated liquidity and perpetuals trading
Categories
DEXDeFiBNB ChainDAO
Source
+ Strengths
- +ve(3,3) model aligns incentives between liquidity providers, traders, and long-term holders
- +Offers advanced trading features including perpetuals with up to 60x leverage
- +Positioned as core liquidity infrastructure for the BNB Chain ecosystem
- +Backed by YZi Labs (formerly Binance Labs) and strategic funding
- +Community-driven governance through weekly gauge voting
- Weaknesses
- -Price down 97%+ from all-time high
- -Intense competition from PancakeSwap and other DEXs on BNB Chain
- -Low TVL (~$4.4M) raises concerns about protocol adoption
- -ve(3,3) model can be complex with a steep learning curve for new users
- -Only ~47% of total supply is circulating, future emissions may create dilution pressure
Team
Thena
Launch
2023
Total Supply
282,849,457
Circulating Supply
132,117,682
Max Supply
326,120,000
