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Thales Protocol

Thales Protocol

Parimutuel markets and exotic on-chain options on Optimism — bet on any binary outcome.

Launch Year
2021
Consensus
N/A (DeFi protocol)
Max Supply
100,000,000 THALES
Block Time
N/A
THALES
THALES
Thales Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap THALES Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

Thales Protocol Price Chart

THALES / USD
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About Thales Protocol

Thales Protocol is a decentralized exotic market platform originally built as a Synthetix ecosystem project on Optimism. It enables users to trade binary options on any observable outcome — cryptocurrency prices, sports results, and other quantifiable events. Thales uses a parimutuel market model where the total pot is distributed among winners. Its products include Speed Markets (rapid binary options resolved in minutes), Overtime Markets (sports prediction markets), and Parlay AMM (multi-leg sport bets). THALES is the governance token; stakers receive protocol revenue from all market fees.

History

2021
Thales Protocol launches on Optimism as a binary options platform in the Synthetix ecosystem.
2021
THALES token launches; staking rewards and governance go live.
2022
Overtime Markets launches — decentralized sports prediction markets powered by Thales AMM.
2023
Speed Markets introduced for ultra-fast binary options resolved in 10-30 minutes.
2024
Thales rebrands Overtime to be its flagship sports product; expands to Base and additional L2s.

How to Swap THALES

Swapping Thales Protocol (THALES) on SyntheticSwap requires no registration or KYC. THALES runs on Polygon, a low-fee Ethereum-compatible chain, supported by MetaMask (Polygon network), Trust Wallet, and Ledger. Open SyntheticSwap, select THALES as your source or destination, enter your receiving wallet address, and confirm the floating rate. Polygon's fast block times mean your swap settles within seconds — the destination asset is automatically delivered to your wallet without any intermediary.

How to Store THALES

Store THALES in MetaMask or any EVM-compatible wallet. Set your network to Optimism to interact with Thales markets and governance.

Frequently Asked Questions