Sirwin
Sirwin

THENA What's Next For This Sleeping Giant

By AlABB | Unlocking Potential Dexs | 7 Apr 2023


Thena, a decentralized exchange (DEX) and liquidity layer built on BNB Chain, has achieved impressive growth in just over two months, with $170 million in TVL, $100 million in weekly trading volume, and becoming the number three DEX on BNB.

The project's mission is to bring modularity to the liquidity layer, catering to the diverse needs of the DeFi space with a powerful suite of products for both protocols and users.
To achieve this, they have introduced FUSION, a solution that makes concentrated liquidity accessible for the average user, with a focus on accessibility, efficiency, versatility, and safety.

FUSION's solution to the capital inefficiency issue is the introduction of dynamic fees and limit orders, enhancing functionality and elevating the overall user experience. Collaborating with cutting-edge DeFi protocols, FUSION places the power of concentrated liquidity at everyone's fingertips while simplifying the process to engage even new users.

The partnership with Algebra and Gamma protocols has further strengthened FUSION's offerings, with:-

Algebra introducing the next-level capital efficiency by allowing users to focus their funds with a tighter price range.

Gamma providing a composable, seamless, and user-friendly solution for active liquidity management.

Overall, THENA is committed to pushing the boundaries of innovation, creating the ultimate DeFi experience for liquidity providers, traders, and protocols. FUSION, with its groundbreaking concentrated liquidity solution, is set to revolutionize the DeFi landscape and deliver a composable and retail-friendly platform that eliminates barriers to entry for users of all levels.

Join Thena community on telegram and Discord

How do you rate this article?

3



Unlocking Potential Dexs
Unlocking Potential Dexs

Being an OG in DeFi. i have thrown myself into different project. Using years of expirience i am here to elaborate on promising projects and what cutting edge feature they bring on the table

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.