Market Cap
$28,635,821.0
Fully Diluted Valuation
$161,021,440.0
24 Hour Trading Vol
$25,744,051.0
Circulating Supply
55,131,121.6
Total Supply
242,370,455.7
Max Supply
310,000,000.0
THENA Price
$0.519
24h Range
$0.484 - $0.546
Percent Change 1h
-0.33%
Percent Change 24h
6.49%
Percent Change 7d
-23.01%
All-time high
$4.03
All-time low
$0.057
1D
7D
1M
1Y
All
THENA (THE) is a decentralized finance (DeFi) protocol designed to optimize liquidity and enhance trading efficiency on decentralized exchanges (DEXs). Utilizing an innovative automated market-making (AMM) mechanism, THENA facilitates seamless transactions between various cryptocurrencies while aiming to reduce slippage and improve capital efficiency. As of 2024, THENA has gained traction in the DeFi space, boasting a total value locked (TVL) of over $200 million across multiple chains, including Ethereum and Binance Smart Chain.
The founders of THENA are a team of experienced blockchain developers and entrepreneurs. The core team includes individuals with backgrounds in finance, software engineering, and blockchain technology, although their specific identities are often kept confidential for privacy reasons. The founding team emphasizes community involvement and transparency, engaging users through governance mechanisms and regular updates on the protocol's development.
THENA operates on a dual-token model, where users can trade the native token, THE, and a stablecoin-like token for liquidity provision. The protocol employs an AMM system that uses smart contracts to determine pricing based on supply and demand dynamics. Users can provide liquidity by depositing their assets into liquidity pools and earn rewards in the form of transaction fees and additional THE tokens. THENA also incorporates features like yield farming and staking, allowing users to maximize their returns. As of early 2024, THENA has integrated cross-chain capabilities, enabling users to trade assets across different blockchain networks seamlessly.
To ensure the safety of your THENA assets, follow these best practices:
Investing in THENA (THE) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy THENA: Once your account is funded, you can purchase THENA directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in THENA using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
THENA (THE) is currently trading at $0.519 and exhibits good potential for future growth. Check the latest THENA (THE) price prediction.
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