THL
$0.01

Thala (THL) Price

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Thala (THL) Price Today

The live price of THL is 0.01 USD. In the past 24 hours, the trading volume of THL was 84,038.40 USD, up by 1.50%. The current price has decreased by -2.08% from its 7-day high of 0.01 USD, and increased by 10.70% from its 7-day low of 0.01 USD. With a circulating supply of 100,000,000.00 Thala, the market cap of THL is currently 846,628.00 USD, down by 0% in the last 24 hours. THL currently ranks #- by market capitalization among cryptocurrencies.

Thala (THL) Market Data

Market Cap
$847.9K
24h Volume
$84K
Circulating Supply
66.9M THL
Maximum Supply
100M THL
Fully Diluted Market Cap
$1.2M
Liquidity Indicator
9.91%

About Thala (THL)

How can I buy Thala (THL)?

Buying Thala (THL) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Thala (THL) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy THL Guide for more information.

What Is Thala (THL) and How Does It Work?


Thala (THL) is a decentralized finance (DeFi) protocol built on the Aptos blockchain. It provides a suite of financial tools, including a decentralized exchange (DEX), liquidity pools, and a native overcollateralized stablecoin called Move Dollar (MOD). As one of the early DeFi projects in the Aptos ecosystem, Thala aims to create a scalable and capital-efficient financial layer for users and developers.

Thala works by combining multiple DeFi primitives into a single integrated platform. Users can mint MOD by depositing collateral, trade tokens through ThalaSwap automated market maker, and provide liquidity to earn yield. The protocol is designed to maximize capital efficiency, allowing users to simultaneously borrow, trade, and earn rewards within the same ecosystem.

The THL token serves as the governance and utility token of the platform. You can stake THL to participate in governance decisions, earn incentives, and capture a share of protocol-generated fees. This structure aligns user participation with the long-term growth of the Thala ecosystem while supporting decentralized control over its development.

When Did Thala Launch?


Thala was founded in 2022 by Adam Cader (CEO) and San Lee, with the goal of building a full-stack DeFi ecosystem on the Aptos blockchain. The project quickly gained traction after raising $6 million in a seed round backed by major crypto investors like ParaFi Capital and Shima Capital in October 2022.

Thala’s core protocol went live on Aptos mainnet in early 2023, followed by its Token Generation Event (TGE) in April 2023, marking the official launch of the THL token. Since launch, Thala has positioned itself as a foundational DeFi layer within the growing Aptos ecosystem.

Thala Roadmap Highlights


- 2022: Thala Labs founded; seed funding secured

- Early 2023: Thala protocol deployed on Aptos mainnet

- April 2023: THL token launch (TGE)

- 2023–2024: Expansion of ThalaSwap DEX and Move Dollar (MOD) stablecoin

- 2024–2025: Ecosystem growth initiatives, including Thala Foundry incubator

- Ongoing: Focus on scaling liquidity, improving capital efficiency, and expanding Aptos DeFi adoption

What Is the THL Token Utility?


The THL token is the core utility and governance token of the Thala ecosystem. It is primarily used for governance, allowing you to vote on key protocol decisions such as fee structures, collateral parameters, and future upgrades. This ensures that the platform remains decentralized and community-driven as it evolves.

Beyond governance, THL plays a central role in staking and incentive mechanisms across the protocol. You can stake THL or provide liquidity to earn rewards, while also benefiting from protocol-generated fees and emissions tied to DeFi activities like trading and stablecoin minting. Additionally, THL supports ecosystem growth by incentivizing participation, liquidity provisioning, and long-term alignment with the platform’s success.

On BingX, you can trade THL tokens easily on the spot market by searching for the THL/USDT trading pair and placing a market or limit order. Once your trade is executed, your THL tokens will be credited instantly to your BingX wallet, where you can hold, transfer, or trade further.

What Is Thala Tokenomics?


Thala (THL) has a fixed maximum supply of 100,000,000 THL tokens, designed to support long-term ecosystem growth while maintaining scarcity.

THL Token Allocation Breakdown


- Community and Ecosystem Incentives (35–40%) – Rewards for liquidity providers, staking incentives, and user growth programs

- Treasury (20%) – Funds for protocol development, grants, and long-term sustainability

- Team and Contributors (15–20%) – Allocated to core team members with vesting schedules to ensure long-term alignment

- Investors (15–20%) – Seed and strategic backers supporting early development

- Advisors and Partners (5%) – Strategic contributors and ecosystem collaborators

 

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Frequently Asked Questions about THL (Thala)

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Disclaimer:
Price analysis and valuation are influenced by multiple factors, and theoretical projections do not guarantee that a token will reach a specific price level. The information provided is for informational purposes only and does not constitute investment advice. Investors should conduct their own research before making any financial decisions.
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