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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 is a decentralized protocol that allows users to take part in peer-to-peer parimutuel markets on Optimism and Polygon.
How Does Thales Work?
Thales deposits liquidity into marketplaces and receives fees from traders. The funds collected are used to buy back and burn the THALES governance token.
What Makes Thales Unique?
Thales offers a non-custodial exchange for parimutuel contracts, providing users with a decentralized and transparent platform for trading.
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?
Thales held a Token Public Liquidity Offering on September 13, 2021, on DODO, raising $5 million. The Token Generation Event (TGE) and distribution occurred on September 20, 2021.
Project Announcements
Thales has rebranded to Overtime (OVER). For more details, kindly check the official proposal and visit the new token page.

Upcoming Events

No data

Projects Announcements

Where to Buy Thales?
THALES tokens can be acquired on decentralized exchanges like Uniswap and 1inch. You can bridge THALES and ETH to Optimism with the Celer cBRIDGE.
Thales Price
Daily Trading Volume
$978.10
All-Time High
$2.33 on November 4, 2021
All-Time Low
$0.05642 on November 15, 2022
Market Cap and Valuation
Market Cap
$14.03 million
Fully Diluted Valuation
$22.27 million
Thales Price Prediction
Currently, there are no available forecasts from reliable experts or publications regarding the future price of THALES.

FAQ

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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 support.web3@bitget.com — we appreciate your feedback and will make improvements where needed.

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