Thala is a decentralized finance (DeFi) protocol native to the Aptos blockchain. The protocol revolves around three key products: Move Dollar, Thala Swap, and Liquid Staking.

Move Dollar, or MOD, is an Aptos-native stablecoin used to transact, facilitate, and interact with various other DeFi protocols in the ecosystem, while acting as a store of value, a medium of exchange, and a unit of account.

MOD is an over-collateralized, yield-bearing stablecoin backed by a basket of on-chain assets. Its diverse collateral base of liquid staked derivatives, liquidity pool tokens, deposit receipt tokens, and RWAs ensures its decentralized, censorship-resistant nature without compromising capital efficiency. Read More
Thalaswap is Thala’s native, next-generation Automated Market Maker (AMM). Thalaswap aims to become the core liquidity layer for Aptos while ensuring MOD has deep liquidity across the Aptos ecosystem.

The DEX offers users three different pool types: weighted pools, stable pools, and liquidity bootstrapping pools. Read More
Thala’s Liquid Staking derivative follows a two token model, including thAPT and sthAPT . thAPT is a non-rebasing deposit receipt that is pegged to APT at a 1:1 ratio, whereas sthAPT is a rebasing deposit receipt that grows as validator rewards accrue over time. Read More

Thala Finance