MarcBell

2024 was a groundbreaking year for @THENA ! From record-breaking revenue to scaling new trading volume heights:
💰 $19M+ in revenue
📊 $19B+ in trading volume
🤿 Dive into THE stats & see how THENA is building THE Premier DEX & liquidity backbone on BNB Chain!

THENA Trading Volume: 2023 vs 2024!✨
2024 Volume Growth vs 2023:
⬆️ Jan ➔ 641% (620M vs 83M)
⬆️ Feb ➔ 448% (1.73B vs 317M)
⬆️ Mar ➔ 460% (2.54B vs 454M)
⬆️ Apr ➔ 326% (1.23B vs 288M)
⬆️ May ➔ 332% (804M vs 186M)
⬆️ Jun ➔ 256% (1.11B vs 312M)
⬆️ Jul ➔ 231% (1.02B vs 309M)
⬆️ Aug ➔ 397% (984M vs 198M)
⬆️ Sep ➔ 491% (725M vs 122M)
⬆️ Oct ➔ 233% (694M vs 208M)
⬆️ Nov ➔ 384% (2.16B vs 447M)
⬆️ Dec ➔ 461% (5.39M vs 962M)
📊 Avg Growth: 388%
🌟 THENA’s trading volume has consistently outpaced 2023, cementing its position as a leading DEX on BNB Chain!

$THE Locked in 2023 vs 2024!✨
2024 Increase:
⬆️ Jan ➔ 385% (110M vs 22.7M)
⬆️ Feb ➔ 305% (114M vs 28.4M)
⬆️ Mar ➔ 265% (125M vs 34.3M)
⬆️ Apr ➔ 194% (132M vs 44.9M)
⬆️ May ➔ 162% (134M vs 51.4M)
⬆️ Jun ➔ 125% (136M vs 60.6M)
⬆️ Jul ➔ 102% (139M vs 69M)
⬆️ Aug ➔ 90% (141M vs 74M)
⬆️ Sep ➔ 75% (144M vs 82M)
⬆️ Oct ➔ 64% (145.6M vs 88M)
⬆️ Nov ➔ 53% (145.8M vs 95M)
⬆️ Dec ➔ 41% (146.7M vs 104M)
📊 Avg Growth: 155%
🔒 Avg lockup time: 1.87 years (2023) vs 1.80 years (2024)
🌟 $THE lockups showcase THENA’s strong community commitment to long-term growth!

veTHE amount in 2023 vs 2024!✨
2024 Increase:
⬆️ Jan ➔ 352% (100M vs 22.1M)
⬆️ Feb ➔ 288% (104M vs 26.9M)
⬆️ Mar ➔ 248% (113M vs 32.6M)
⬆️ Apr ➔ 186% (119M vs 41.8M)
⬆️ May ➔ 153% (121M vs 48.2M)
⬆️ Jun ➔ 118% (123.6M vs 56.6M)
⬆️ Jul ➔ 92% (123.8M vs 64M)
⬆️ Aug ➔ 82% (126M vs 69M)
⬆️ Sep ➔ 68% (127M vs 76M)
⬆️ Oct ➔ 58% (129M vs 82M)
⬆️ Nov ➔ 49% (131.6M vs 88M)
⬆️ Dec ➔ 38% (130.1M vs 94M)
📊 Avg Growth: 144%
🌟 veTHE growth reflects increasing governance participation and alignment with THENA's vision!

veTHE Holders in 2023 vs 2024!✨
2024 Increase:
⬆️ Jan ➔ 37% (5,289 vs 3,847)
⬆️ Feb ➔ 21% (5,237 vs 4,314)
⬆️ Mar ➔ 17% (5,432 vs 4,655)
⬆️ Apr ➔ 12% (5,437 vs 4,848)
⬆️ May ➔ 10% (5,425 vs 4,915)
⬆️ Jun ➔ 8% (5,389 vs 4,992)
⬆️ Jul ➔ 5% (5,364 vs 5,112)
⬆️ Aug ➔ 4% (5,311 vs 5,089)
⬆️ Sep ➔ 4% (5,255 vs 5,059)
⬆️ Oct ➔ 3% (5,203 vs 5,029)
⬆️ Nov ➔ 4% (5,290 vs 5,094)
⬇️ Dec ➔ -19% (4252 vs 5,262)
📊 Avg. Growth (Jan-Nov): 12%
🌟 veTHE holders peaked Q2 but saw a decline in Dec
Note: Some holders delegate their veTHE to Wrappers, which may exclude them from this calculation

Trading Fees Collected in 2023 vs 2024!✨
2024 Increase:
⬆️ Jan ➔ 384% (557k vs 115k)
⬆️ Feb ➔ 157% (740k vs 287k)
⬆️ Mar ➔ 818% (2.71M vs 295k)
⬆️ Apr ➔ 361% (1.16M vs 251k)
⬆️ May ➔ 336% (746k vs 171k)
⬆️ Jun ➔ 185% (1.02M vs 357k)
⬆️ Jul ➔ 132% (879k vs 379k)
⬆️ Aug ➔ 501% (899k vs 149k)
⬆️ Sep ➔ 455% (622k vs 112k)
⬆️ Oct ➔ 140% (435k vs 181k)
⬆️ Nov ➔ 262% (1.77M vs 490k)
⬆️ Dec ➔ 194% (2.91M vs 993k)
📊 Avg Growth: 327%
🌟 Fee growth underscores THENA’s sustainable business model and increasing trading activity!

Incentives awarded in 2023 vs 2024!✨
2024 Shift:
⬇️ Jan ➔ -26% (309k vs 416k)
⬇️ Feb ➔ -64% (333k vs 916k)
⬇️ Mar ➔ -68% (448k vs 1.42M)
⬇️ Apr ➔ -70% (358k vs 1.20M)
⬇️ May ➔ -48% (392k vs 754k)
⬇️ Jun ➔ -25% (394k vs 530k)
⬇️ Jul ➔ -64% (227k vs 633k)
⬇️ Aug ➔ -64% (183k vs 516k)
⬇️ Sep ➔ -40% (280k vs 464k)
⬇️ Oct ➔ -2% (318k vs 323k)
⬆️ Nov ➔ 79% (478k vs 267k)
⬆️ Dec ➔ 347% (1.68M vs 376k)
📊 Overall Trend: A shift towards lower incentives for most of 2024 (-47%), with significant increases in Nov & Dec
🌟 2024 marked a shift in revenue structure, with trading fees overshadowing incentives as THE primary revenue driver!

Total revenue in 2023 vs 2024!✨
2024 Changes:
⬆️ Jan ➔ 63% (867k vs 532k)
⬇️ Feb ➔ -11% (1.07M vs 1.2M)
⬆️ Mar ➔ 84% (3.16M vs 1.72M)
⬆️ Apr ➔ 4% (1.52M vs 1.45M)
⬆️ May ➔ 23% (1.14M vs 925k)
⬆️ Jun ➔ 59% (1.41M vs 887k)
⬆️ Jul ➔ 9% (1.10M vs 1.01M)
⬆️ Aug ➔ 62% (1.08M vs 666k)
⬆️ Sep ➔ 57% (903k vs 576k)
⬆️ Oct ➔ 49% (754k vs 505k)
⬆️ Nov ➔ 198% (2.25M vs 758k)
⬆️ Dec ➔ 236% (4.60M vs 1.36M)
📊 Avg Growth: 69%
🌟 Substantial revenue growth in 2024 underscores THENA's strong financial performance and THE effectiveness of its ve(3,3) model!

THE Big Picture🌟
2024 was transformative for THENA, marked by record-breaking growth:
📊 Trading Volume ➔ 388% avg. growth
💰 Fees Generated ➔ 327% avg. growth
This performance, paired with relentless innovation, solidify THENA's position as a cornerstone of DeFi on BNB Chain
What is Next?
THENA V3 is coming!🔥
This upgrade will introduce:
📊 New AMMs
📈 Code Optimization
🔀 Cross-chain Capabilities
🧩 Hooks (plugins for rapid innovation)
A sneak peek at Hooks:
💰 Volume-based loyalty program: Trade more, pay less!
🛡 Smart LP protection: Dynamic fees based on market volatility
💎 Token-Holding Fee Tiers: Lower fees for long-term $THE holders
Powered by Brevis Network & built on Algebra's Integral framework!
The revolution is just beginning. Join $THE movement & shape the future of DeFi🔥

@THENA kicked off the year with solid momentum. Despite broader market headwinds across crypto, THENA delivered strong Q1 performance:
💰 $5.8M in revenue
📊 $8.88B in trading volume

a) Trading Volume: Q1 2024 vs Q1 2025
⬆️ Jan: +410% (3.16B vs 620M)
⬆️ Feb: +116% (3.75B vs 1.73B)
⬇️ Mar: -23% (1.95B vs 2.54B)
📊 Avg Growth: +168%
🌟 Strong early momentum, especially in January & February. March volume slowed, in line with broader market pullbacks, but overall Q1 volume still outperformed by a wide margin

b) $THE Locked: Q1 2024 vs Q1 2025
⬆️ Jan: +32% (145M vs 110M)
⬆️ Feb: +27% (146M vs 114M)
⬆️ Mar: +16% (146M vs 125M)
📊 Avg Growth: +25%
🔒 Avg Lockup Time:
1.813 yrs (2024) → 1.816 yrs (2025)
🌟 Consistent increase in locked $THE and slightly longer lock durations reflect continued user commitment & belief in THENA’s long-term value

c) veTHE Amount: Q1 2024 vs Q1 2025
⬆️ Jan: +32% (132M vs 100M)
⬆️ Feb: +27% (133M vs 104M)
⬆️ Mar: +17% (132M vs 113M)
📊 Avg Growth: +25%
🌟 veTHE growth shows stronger governance participation & alignment with THENA's ability to generate real yield

d) Trading Fees Collected: Q1 2024 vs Q1 2025💸
⬆️ Jan: +159% (1.44M vs 557K)
⬆️ Feb: +113% (1.57M vs 740K)
⬇️ Mar: -60% (1.08M vs 2.71M)
📊 Average Growth: +71%
🌟 Q1 saw significant fee generation in January & February. The March decline reflects reduced trading activity across the entire crypto market

e) Incentives Awarded: Q1 2024 vs Q1 2025💼
⬆️ Jan: +200% (927K vs 309K)
⬆️ Feb: +36% (453K vs 333K)
⬇️ Mar: -29% (319K vs 448K)
📊 Average Growth: +69%
🌟 After a sharp increase in incentives from late 2024 into early 2025, March signaled a shift to levels reflective of the current market landscape. Incentives continue to serve as a tool for protocols to attract veTHE votes & optimize yield distribution

f) Total Revenue: Q1 2024 vs Q1 2025
⬆️ Jan: +173% (2.36M vs 867K)
⬆️ Feb: +89% (2.02M vs 1.07M)
⬇️ Mar: -55% (1.40M vs 3.16M)
📊 Average Growth: +69%
🌟 Even with March tapering, Q1 marked a strong start to 2025 in terms of revenue

g) What’s Ahead🔭
@THENA ’s Q1 growth reinforces its role as a leading DeFi platform on BNB Chain:
💰 Revenue ➔ 69% avg. growth
📊 Trading Volume ➔ 168% avg. growth
The foundation is set for the next chapter:
V3,3:
📊 New AMMs
📈 Code Optimization
🔀 Cross-chain Capabilities
🧩 Hooks (plugins for rapid innovation)
Soft Merger with @VenusProtocol :
🤖 AI automation via #singularryai
💳 Virtual VISA Platinum card via #Enfineo
🔗 Creating THE DeFAI SuperApp: Trading, lending, AI & banking, all in one
The building blocks are in place. Q1 set the tone and 2025 is shaping up to redefine what DeFi on BNB Chain can be🚀

Two major game-changing events are set to redefine @THENA :
🔹 THENA V3,3 → A next-gen upgrade bringing AMM innovations, cross-chain capabilities & smart liquidity solutions
🔹 Soft Merger with @VenusProtocol → A strategic move toward THE DeFAI SuperApp, integrating lending, trading, AI & Web3 banking

a) THENA V3,3 is coming!🔥
👨‍💻 Currently in a closed beta accessible only to a small group
This major upgrade enhances liquidity efficiency & unlocks new DeFi possibilities:
📊 New AMMs
🔀 Cross-chain Capabilities
🧩 Hooks → Plug & play DeFi innovations for LPs & traders
What can Hooks do? (powered by #Brevis )
💰 Volume-based loyalty program → Trade more, pay less
🛡 Smart LP protection → Dynamic fees based on market volatility
💎 Token-Holding Fee Tiers→ Lower fees for long-term $THE holders
📌 In collaboration with @Brickken , THENA is also working on KYC/AML-compliant hooks to unlock tokenized asset liquidity while staying compliant
Built on Algebra’s Integral framework, THENA V3,3 isn't just an upgrade—it’s a complete overhaul designed to make DeFi more efficient, scalable & innovative🚀

b) THENA x Venus: A Soft Merger to Create THE DeFAI SuperApp!🚀
A game-changing deal that will cement @THENA & @VenusProtocol as THE DeFAI SuperApp—combining: Trading, lending, AI automation & Web3 banking
💠 THE Deal
Venus acquires 33% of THENA for $4.5M, unlocking deeper liquidity, lending expansion & enhanced yield strategies
This includes:
🔒 3.68M veTHE ($3M)
💰 1.6M USDT liquidity reserves
🖨️ 25K $THE per week (2.5% of emissions)
🖼 170 NFTs ($500K) = 1% of THENA DEX fees
💵 12% fee revenue from non-staked positions

💠 Key Benefits:
💧 Deeper Liquidity → Strengthening borrowing markets
📈 Higher Yields → More returns from liquidity pools + lending
💳 Web3 Banking → Debit card by #Enfineo for seamless DeFi access
🚀 DeFi & RWA Launchpad → Fueling new projects with liquidity & lending
🤖 AI-Powered DeFi → #Singularry ’s AI agent automates DeFi interactions

🔹 Current State: The Snapshot Vote passed with 95%+ approval. The next step is the VIP Vote!

c) THE Card: Bringing TradFi & DeFi Together💳
A new era of crypto payments is on the horizon! #Enfineo , in collaboration with @VenusProtocol & @THENA , is working on THE Card, a seamless bridge between DeFi & traditional finance
Key Features:
💳 Virtual VISA Platinum card
🌍 Multi-currency bank accounts
💰 Earn up to 15% stablecoin yield
By simplifying on/off-ramps, THE Card aims to accelerate DeFi adoption & unlock new financial possibilities
THE future of crypto payments is coming! Stay tuned!✨

d) Singularry: AI-Powered DeFi at Your Fingertips🤖
DeFi is evolving & #Singularry will bring AI-driven automation to simplify complex strategies for users at all levels
🔹 A Holistic Approach
Swapping, lending & yield farming—all in one place. No more juggling multiple platforms or fragmented liquidity. THE DeFAI SuperApp will unify everything for seamless execution
🔹 AI Agent Layer
Powered by #singularryai, this AI will directly interact with @THENA & @VenusProtocol , enabling:
✅ Smart hedging strategies
✅ Automated risk management
✅ Optimized leveraged yield farming
No deep technical knowledge needed—AI will analyze, optimize & execute strategies for you🚀

e) Closing Thoughts💭
With THENA V3,3 on the horizon & Venus Soft Merger moving to VIP voting, @THENA is evolving into a next-gen DeFi ecosystem with:
📍 Hooks
📍 More efficient AMMs
📍 AI-driven DeFi strategies
📍 Web3 banking integration
📍 Real-World Assets (RWA) support
THE future of DeFi is being built—are you ready?