THENA (THE)
Total Value Locked$23.15m
TVL by Chain
BSC$23.14m
opBNB$15,979
Key Metrics
Fees (Annualized)$7.03m
Fees 30d$576,248
Fees 7d$84,169
Fees 24h$11,186
Cumulative Fees$26.47m
Revenue (Annualized)$7.03m
Revenue 30d$576,248
Revenue 7d$84,169
Revenue 24h$11,186
Cumulative Revenue$26.47m
Holders Revenue (Annualized)$7.03m
Holders Revenue 30d$576,248
Holders Revenue 7d$84,169
Holders Revenue 24h$11,186
Cumulative Holders Revenue$26.45m
Incentives (Annualized)$12.76m
Incentives 30d$1.05m
Incentives 7d$160,059
Incentives 24h$0
Cumulative Incentives$66.19m
Earnings (Annualized)-$5.73m
Earnings 30d-$469,900
Earnings 7d-$75,890
Earnings 24h$11,186
Cumulative Earnings-$39.72m
DEX Volume 30d$1.027b
DEX Volume 7d$191.15m
DEX Volume 24h$41.41m
Cumulative DEX Volume$36.415b
Perp Volume 24h$0
Cumulative Perp Volume$390.34m
Market Cap$37.93m
$THE Price$0.33
All Time High$4.03
All Time Low$0.057
Fully Diluted Valuation$87.11m
Outstanding FDV$77.03m
$THE Volume 24h$6.79m
CEX Volume$4.04m
DEX Volume$3.17m(46.73% of total)
$THE Liquidity$6.31m
Raydium AMM$6.29m
THENA FUSION$23,049
User Activity
Active Addresses (24h)16
Transactions (24h)150
Gas Used (24h)$4.12
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 ALPHA: Fees paid by usersView 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 ALPHA: Treasury and token holders revenueView 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 ALPHA: 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
| Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fees | $1.28m | $1.9m | $4.44m | $5.55m | $2.47m | $3.04m | $4.09m | $1.56m | $646,067 | $797,107 | $700,091 |
| Revenue | $1.28m | $1.9m | $4.44m | $5.55m | $2.47m | $3.04m | $4.09m | $1.56m | $646,067 | $797,107 | $700,091 |
| Incentives | $2.37m | $2.68m | $7.97m | $10.85m | $3.38m | $6.94m | $5.27m | $2.99m | $4.27m | $7.82m | $11.71m |
| Earnings | -$1.1m | -$779,200 | -$3.53m | -$5.3m | -$906,608 | -$3.9m | -$1.19m | -$1.44m | -$3.63m | -$7.02m | -$11.01m |
| Token Holder Net Income | $1.28m | $1.9m | $4.44m | $5.55m | $2.47m | $3.04m | $4.09m | $1.56m | $629,770 | $797,107 | $700,091 |