Thala

Thala (THL)

Full information about Thala (THL). Current Thala price in BND, THL open/close rates, Thala history charts, Thala market capitalization and volume.

1 THL = 0.555 $ Brunei Dollar (BND)
0.4308124 BND

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 1.288928 BND

General information
Global rank:3380
Name: Thala Thala
Symbol:THL
Current coin price (BND):0.555 $
Last hour:arrow_downward-0.120 %
Last 24 hours:arrow_upward0.300 %
Last 7 days:-2.69 %trending_down
Capitalisation (BND):0.000000 $
Volume 24h (BND):251 651.59 $
Available supply:0.000000 THL
Total coin supply:-1 THL
Start date:0000-00-00
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Thala/Brunei Dollar (THL/BND) price chart

Thala/Brunei Dollar (THL/BND) capitalisation and volume charts

What is Thala (THL)?

Thala (THL) is a cryptocurrency that operates within the Aptos blockchain ecosystem, introduced in 2023. It's developed as part of the decentralized finance (DeFi) sector, focusing on enhancing the functionality and interoperability within the Aptos platform. Thala is designed to support a wide range of DeFi applications and services, aiming to contribute to the broader adoption and utility of blockchain technology​​​.

What is Thala (THL) used for?

Thala's primary use cases revolve around its DeFi protocol functionalities, which include the Move Dollar and Thala Swap. The Move Dollar, or MOD, is an Aptos-native stablecoin that plays several critical roles: it acts as a store of value, a medium of exchange, and a unit of account within the ecosystem. MOD is an over-collateralized, yield-bearing stablecoin, underpinned by a diverse collateral base. Thala Swap is an automated market maker (AMM) that introduces dynamic pool weightings, supporting various pool types to enhance liquidity and trading efficiency. Moreover, Thala's governance token, THL, enables token holders to participate in crucial decision-making processes regarding the protocol's development, including adjustments to protocol parameters and treasury deployments.