Thales

Thales ranks #5154 by market capitalization, at $1.43M. It belongs to the DeFi sector (Derivatives). It has traded since Feb 2, 2022, across 20 markets on 6 exchanges, with $283.46 of volume in the last 24 hours. Its all-time high of $3.48 was reached on Aug 19, 2025; the current price is 98.9% below that peak. Its cycle low of $0.0195536 came on Mar 2, 2026.

6.7% of the maximum supply of 100.00M THALES is in circulation. 23 investors are recorded as backers, including LD Capital, Framework Ventures, IOSG Ventures. Development data lists 11 core developers and 31,521 code commits. It is available on 5 networks.

Thales is an Ethereum protocol that facilitates the creation of peer-to-peer parimutuel markets. These markets allow participants to place collateral in a pool, and the final payout is determined once the market-settling event is completed. Thales leverages the sUSD stablecoin as collateral and relies on Chainlink data feeds for market settlement accuracy. The protocol is decentralized, with governance conducted by the ThalesDAO through the Thales Council, elected by THALES token holders.