# Thetanuts

> Track Thetanuts' fees, revenue, TVL and active users with daily on-chain data across 7 chains. Compare Thetanuts with other asset management projects.

Source: [Thetanuts on Token Terminal](https://tokenterminal.com/explorer/projects/thetanuts). 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).

- Sectors: Asset management
- Chains: arbitrum, avalanche, bsc, ethereum, fantom, polygon, robinhoodchain

## About

### What it is

Thetanuts is a non-custodial DeFi Options Vault (DOV) protocol built on Ethereum, Fantom, Polygon, and other blockchains. Thetanuts was founded by Dexter Song and launched in Dec 2021.

### Who uses it

Thetanuts team own and govern the protocol. Their investors include Deribit Exchange, QCP Capital, Jump Crypto, etc.

### How it works

Liquidity providers deposit funds into Thetanuts and receive option premiums from traders (supply-side fees).

## Metrics

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

- [Total value locked](https://tokenterminal.com/explorer/projects/thetanuts/metrics/tvl)
- [Capital deployed](https://tokenterminal.com/explorer/projects/thetanuts/metrics/capital-deployed)
- [Fees](https://tokenterminal.com/explorer/projects/thetanuts/metrics/fees)
- [Supply-side fees](https://tokenterminal.com/explorer/projects/thetanuts/metrics/fees-supply-side)
- [Revenue](https://tokenterminal.com/explorer/projects/thetanuts/metrics/revenue)
- [Expenses](https://tokenterminal.com/explorer/projects/thetanuts/metrics/expenses)
- [Token incentives](https://tokenterminal.com/explorer/projects/thetanuts/metrics/token-incentives)
- [Earnings](https://tokenterminal.com/explorer/projects/thetanuts/metrics/earnings)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/thetanuts/metrics/gas-used)
- [Average fees per user (AFPU)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/afpu)
- [Average revenue per user (ARPU)](https://tokenterminal.com/explorer/projects/thetanuts/metrics/arpu)
- [Take rate](https://tokenterminal.com/explorer/projects/thetanuts/metrics/take-rate)

## Links

- [twitter](https://twitter.com/ThetanutsFi)
- [discord](https://discord.com/invite/fzWKJSy9v9)
- [website](https://www.thetanuts.finance/)