Projects

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Thales (THALES)

Derivatives

Price

~$0.2969

Live

ATH

$1.41

2.2y ago

ATL

$0.1983

1.8y ago

Chains

4 chains

7d price -3.0%

30d price -8.0%

90d price -21.9%

180d price -2.8%

Learn more

What is Thales?

Thales is a non-custodial exchange for parimutuel contracts built on Optimism, Arbitrum and Polygon. Thales was founded by Danijel Gornjakovic and was launched in December 2021.

How does Thales work?

Thales deposits liquidity into marketplaces and receive fees from traders (revenue). The funds collected are used to buyback and burn the THALES governance token.

Who governs Thales?

THALES tokenholders own and govern the protocol. Thales’ investors include Framework Ventures, Apollo Capital, etc.
RevenueThales' share of trading fees$100Allows users to trade parimutuel marketsSupply-side feesLiquidity Providers' share of trading fees$0Liquidity Providers (provided by Thales)FeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.