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ThenaTHE
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ThenaTHE

Exchanges (DEX)

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Tracking paused — Token Terminal is no longer actively maintaining Thena coverage. Historical values remain accurate and accessible.

Overview

What is Thena?
Thena is a non-custodial exchange protocol built on BNB Chain. Thena was founded by an anonymous team and launched in 2023.
How does Thena work?
Liquidity providers deposit funds into Thena and stake their LP tokens to receive THE tokens (token incentives).
Who governs Thena?
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.
RevenueThena's share of trading fees & voting incentives$99Connects liquidity providers, traders, and 3rd party protocolsSupply-side feesLiquidity providers' share of trading fees$1Liquidity providersFeesTrading fees & voting incentives$100Traders & 3rd party protocols
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.

On-chain sources