THEUSDT
THENA/Tether·Spot·BINANCE
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Key Stats
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About THE
opBNB Ecosystem
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THENA is a decentralized finance (DeFi) platform built on Arbitrum, focusing on automated market making and leveraged perpetual futures. It employs a vAMM (virtual automated market maker) architecture enabling low-slippage trading and capital-efficient leverage up to 10× without traditional order books. The native THE token is used for protocol governance, fee rebates, and as collateral in margin accounts. THENA’s design separates liquidity pools from funding rates, improving capital utilization and reducing impermanent loss for liquidity providers. It supports perpetual contracts on top cryptocurrencies with on-chain settlement.
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