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Thales is an ecosystem project of Synthetix, building support for trading binary options and on-chain derivatives on the Ethereum network. In late 2020, core contributors of Synthetix started looking for an external team to develop a binary options trading platform, which would become Thales. It was given seed funding from the SynthetixDAO to initiate the project.
What is Thales?
Thales Protocol is a suite of smart contracts on the Ethereum Network that provides an easily integratable Liquidity and Automated Market Making layer for probability-based markets, such as digital options and sports markets, settled by various on-chain Oracle data sources.
How Does Thales Work?
Thales Protocol offers a secure, transparent, and decentralized infrastructure for traders and liquidity providers. It enables the creation of peer-to-peer parimutuel markets, allowing traders to place positions on various markets against collateral provided by Automated Market Makers (AMMs).
What Makes Thales Unique?
Thales addresses the market-making challenges of exclusive outcome markets by providing on-demand liquidity around a fixed oracle-based probability reference point. This approach allows AMMs to offer liquidity to multiple markets from a single specialized contract, enhancing capital efficiency and risk management.
Who Are the Founders of Thales?
Thales was founded by Danijel Gornjakovic and was launched in December 2021.

Latest News

What Key Events Have There Been for Thales?
In January 2024, Thales implemented Tokenomics V2, introducing protocol rewards where trading fees are distributed to THALES stakers. Additionally, the protocol integrated Chainlink's Cross-Chain Interoperability Protocol (CCIP) to enable chain-agnostic staking across multiple networks.
Project Announcements
Thales has expanded its operations to multiple networks, including Optimism, Arbitrum, Polygon, and Base, enhancing accessibility and scalability for users.

Upcoming Events

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Projects Announcements

Where to Buy Thales?
THALES tokens can be acquired on decentralized exchanges like Uniswap and 1inch. Additionally, they are available on centralized exchanges such as Gate.io.
Thales Price
Daily Trading Volume
$62,610.54
All-Time High
$3.75 on September 16, 2021
All-Time Low
$0.09415 on April 22, 2025
Market Cap and Valuation
Market Cap
$8,932,010
Fully Diluted Valuation
$14,423,795
Thales Price Prediction
While specific price predictions are not provided, factors influencing THALES's price include market sentiment, adoption rates, and overall cryptocurrency market trends. As always, potential investors should conduct thorough research and consider market dynamics before making investment decisions.

FAQ

What is the Purpose of Thales? jiantou jiantou

How Can I Participate in Thales's Ecosystem? jiantou jiantou

What Sets Thales Apart from Competitors? jiantou jiantou

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What are the Risks Associated with Thales? jiantou jiantou

Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.

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