What is Thala (THL)?
Thala is a decentralized finance (DeFi) protocol native to the Aptos blockchain. The protocol revolves around two key products: Move Dollar and Thala Swap. Move Dollar, or MOD, is an Aptos-native stablecoin used to transact, facilitate, and interact with various other DeFi protocols in the ecosystem, while acting as a store of value, a medium of exchange, and a unit of account. MOD is an over-collateralized, yield-bearing stablecoin backed by a basket of on-chain assets.
How does Thala work?
Its diverse collateral base of liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs ensures its decentralized, censorship-resistant nature without compromising capital efficiency. Thala Swap is an automated market maker that enables dynamic pool weightings. The protocol supports weighted pools, stable pools, and liquidity bootstrapping pools, among others. Thala Swap unlocks additional use cases for MOD, and the protocol's ownership of liquidity enables deep, long-term liquidity that can exist largely un-incentivized.
What is Thala used for?
Dynamic pool weightings, and more specifically, the liquidity bootstrapping pool (LBP), powers Thala's third product. Built on top of Thala Swap, Thala's launchpad provides a safe and equitable way of distributing tokens for both projects and market participants. $THL is the governance token of Thala, where token holders can vote on crucial decisions and enact protocol-wide changes.
Where can you buy Thala?
Thala (THL) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for THL sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting THL, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Thala (THL)?
The reported 24-hour trading volume of Thala is $67.49K. Volume is a live reading of how much THL changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Thala (THL)?
Thala reached an all-time high of $3.13 on March 21, 2024, and an all-time low of $0.008845 on February 21, 2026. It is currently trading -99.52% from its peak and +69.35% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where THL sits in its long-run price range.
What is the market cap of Thala (THL)?
Thala's market capitalization is currently $1.02M, and it is ranked #3025 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (67.86 million THL are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Thala (THL)?
The fully diluted valuation (FDV) of Thala is $1.50M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Thala compare against its peers?
Over the past 24 hours, Thala has moved -1.41%. Over the past seven days, the change is +11.01%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether THL is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Thala against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Thala?
Like any crypto asset, the right way to store THL depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
