# Thena

> Track Thena's fees, revenue, TVL and active users with daily on-chain data across 2 chains. Compare Thena with other exchanges (DEX). Updated daily.

Source: [Thena on Token Terminal](https://tokenterminal.com/explorer/projects/thena). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: THE
- Sectors: Exchanges (DEX)
- Chains: bsc, opbnb
- Archived: Tracking paused — Token Terminal is no longer actively maintaining Thena coverage. Historical values remain accurate and accessible.

## About

### What it is

Thena is a non-custodial exchange protocol built on BNB Chain. Thena was founded by an anonymous team and launched in 2023.

### Who uses it

THE tokenholders own and govern the protocol. They vote for pools where they wish to receive trading fees and external bribes from, while pools receive THE emissions in respect to their share of votes.

### How it works

Liquidity providers deposit funds into Thena and stake their LP tokens to receive THE tokens (token incentives).

## Metrics

Token Terminal tracks these metrics for Thena daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/thena/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/thena/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/thena/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/thena/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/thena/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/thena/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/thena/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/thena/metrics/token-supply-circulating)
- [Maximum token supply](https://tokenterminal.com/explorer/projects/thena/metrics/token-supply-maximum)
- [Total value locked](https://tokenterminal.com/explorer/projects/thena/metrics/tvl)
- [Trading volume](https://tokenterminal.com/explorer/projects/thena/metrics/trading-volume)
- [Tradeable pairs](https://tokenterminal.com/explorer/projects/thena/metrics/tradeable-pairs)
- [Tradeable assets](https://tokenterminal.com/explorer/projects/thena/metrics/tradeable-assets)
- [Fees](https://tokenterminal.com/explorer/projects/thena/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/thena/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/thena/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/thena/metrics/expenses)
- [Operating expenses](https://tokenterminal.com/explorer/projects/thena/metrics/operating-expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/thena/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/thena/metrics/earnings)
- [P/F ratio (fully diluted)](https://tokenterminal.com/explorer/projects/thena/metrics/pf-fully-diluted)
- [P/F ratio (circulating)](https://tokenterminal.com/explorer/projects/thena/metrics/pf-circulating)
- [P/S ratio (fully diluted)](https://tokenterminal.com/explorer/projects/thena/metrics/ps-fully-diluted)
- [P/S ratio (circulating)](https://tokenterminal.com/explorer/projects/thena/metrics/ps-circulating)
- [Liquidity turnover](https://tokenterminal.com/explorer/projects/thena/metrics/liquidity-turnover)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/thena/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/thena/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/thena/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/thena/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/thena/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/thena/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/thena/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/thena/metrics/code-commits)
- [Trade count](https://tokenterminal.com/explorer/projects/thena/metrics/trade-count)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/thena/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/thena/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/thena/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/thena/metrics/arpu)
- [Average trading volume (per trade)](https://tokenterminal.com/explorer/projects/thena/metrics/trading-volume-avg-per-trade-count)
- [Average trading volume (per user)](https://tokenterminal.com/explorer/projects/thena/metrics/trading-volume-avg-per-user)
- [Take rate](https://tokenterminal.com/explorer/projects/thena/metrics/take-rate)

## Links

- [github](https://github.com/ThenafiBNB)
- [twitter](https://twitter.com/ThenaFi_)
- [discord](https://discord.gg/VMShQt73Ez)
- [etherscan](https://bscscan.com/address/0xf4c8e32eadec4bfe97e0f595add0f4450a863a11)
- [website](https://thena.fi/)
