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.

Thales Fundraising

Fundraising Event

Round	Amount	Valuation	Date	Investors
Strategic	$3M	$33M	Jul 14, 2021	Framework Ventures* Apollo Crypto* James Simpson Nick Chong Zee Prime Capital Zonff Partners CatcherVC HoneyDAO Koji Capital Daedalus D64 Ventures Ryon Nixon Xavier Ekkel IOSG Ventures The LAO Tyler Scott Ward LD Capital
Seed	--	--	May 20, 2021	Synthetix

Investor

Thales

THALES

-0.07%

Total dollar volume24H

$60,585

High24H

0.3 USDT

Low24H

0.2921 USDT

Market Cap

#883$17,711,890

FDV

$28,667,609

Turnover rate

0.34%

Circulating supply

58,455,084

Total supply

94,612,572

Max supply

100,000,000

All time high

0.9394 USDT

All time high date

Feb 15, 2023

Down from All time high

-67.75%

Cycle low

0.0071 USDT

Cycle low date

Aug 27, 2024

Up from cycle low

4167.61%

Official links

Socials

Introduction

Thales is an Ethereum protocol that allows the creation of peer-to-peer parimutuel markets that anyone can join. This building block is the foundation of novel on-chain initiatives, from a platform for AMM-based positional markets to immersive gamified experiences, and much more.

Terms

Blog