THENA (THE)
Total Value Locked$11.21m
TVL by Chain
BSC$11.2m
opBNB$11,838
Key Metrics
Fees (Annualized)$6.13m
Fees 30d$502,866
Fees 7d$116,715
Fees 24h$15,643
Cumulative Fees$29.1m
Revenue (Annualized)$6.12m
Revenue 30d$501,738
Revenue 7d$116,610
Revenue 24h$15,639
Cumulative Revenue$29.09m
Holders Revenue (Annualized)$6.12m
Holders Revenue 30d$501,558
Holders Revenue 7d$116,593
Holders Revenue 24h$15,638
Cumulative Holders Revenue$29.08m
Incentives (Annualized)$4.81m
Incentives 30d$394,666
Incentives 7d$100,178
Incentives 24h$29,489
Cumulative Incentives$68.61m
Earnings (Annualized)$1.31m
Earnings 30d$107,072
Earnings 7d$16,432
Earnings 24h-$13,850
Cumulative Earnings-$39.51m
DEX Volume 30d$326.11m
DEX Volume 7d$57.22m
DEX Volume 24h$6.72m
Cumulative DEX Volume$39.141b
Perp Volume 30d$8.12m
Perp Volume 7d$807,113
Perp Volume 24h$19,513
Cumulative Perp Volume$1.183b
Open Interest$826,196
Market Cap$21.41m
$THE Price$0.18
All Time High$4.03
All Time Low$0.057
Fully Diluted Valuation$48.33m
Outstanding FDV$43.06m
$THE Volume 24h$9.26m
CEX Volume$5.63m
DEX Volume$3.63m(39.26% of total)
$THE Liquidity$24,689
THENA FUSION$24,689
User Activity
Active Addresses (24h)45
Transactions (24h)3,221
Gas Used (24h)$53.71
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
THENA V1: Fees collected from user trading feesView code on GitHubTHENA FUSION: Swap fees paid by usersView code on GitHubTHENA PERPS: builder code fees from Symmio Perps Trades.View code on GitHubTHENA INTEGRAL: Swap fees paid by usersView code on GitHub
Revenue:
THENA V1: Fees go to veTHE voter (80%) and theNFT staker (20%)View code on GitHubTHENA FUSION: Percentage of swap fees going to treasury and/or token holdersView code on GitHubTHENA PERPS: builder code revenue from Symmio Perps Trades.View code on GitHubTHENA INTEGRAL: Percentage of swap fees going to treasury and/or token holdersView code on GitHub
Holders Revenue:
THENA V1: Fees go to veTHE voter (80%) and theNFT staker (20%)View code on GitHubTHENA FUSION: Money going to governance token holdersView code on GitHubTHENA PERPS: Fees going to governance token holdersView code on GitHubTHENA INTEGRAL: Money going to governance token holdersView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Perp Volume: Notional volume of all trades in the protocol, includes leverage
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
Income Statement for THENA
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $1.7m | $2.11m | $1.91m | $4.45m | $5.56m | $2.49m | $3.06m | $4.13m | $1.56m | $646,067 | $797,107 | $700,091 |
| Revenue | $1.69m | $2.11m | $1.91m | $4.45m | $5.56m | $2.49m | $3.06m | $4.13m | $1.56m | $646,067 | $797,107 | $700,091 |
| Incentives | $1.47m | $3.26m | $2.68m | $7.97m | $10.85m | $3.38m | $6.94m | $5.27m | $2.99m | $4.27m | $7.82m | $11.71m |
| Earnings | $214,851 | -$1.15m | -$775,042 | -$3.52m | -$5.28m | -$889,513 | -$3.88m | -$1.14m | -$1.44m | -$3.63m | -$7.02m | -$11.01m |
| Token Holder Net Income | $1.68m | $2.11m | $1.91m | $4.45m | $5.56m | $2.49m | $3.06m | $4.13m | $1.56m | $629,770 | $797,107 | $700,091 |