ThalaSwap

Company OverviewThalaSwap

was founded in 2022 and is headquartered in Singapore, a blockchain innovation hub. Born in October 2022 on the occasion of the launch of the Aptos blockchain mainnet, the project aligns with the Aptos Network's mission to support scalable and secure DeFi applications. While specific funding details are limited, ThalaSwap has secured support from the Aptos ecosystem, including investors such as ParaFi Capital, Framework Ventures, and Pantera Capital, which invested $200 million and $150 million in Aptos Labs' funding round in 2022, respectively. The platform operates with a community-driven protocol, and its native token, THL, promotes governance and incentives. ThalaSwap's development team emphasizes transparency and user empowerment, which aligns with Aptos' focus on accessibility.

Products &

ServicesThalaSwap offers a range of DeFi products and services tailored for traders, liquidity providers, and projects within the Aptos ecosystem. Its core products include:

1. Automated Market Maker (AMM)
   ThalaSwap operates as an AMM that enables peer-to-peer token swaps through liquidity pools. It supports both volatile and stablecoin pairs and focuses on low-slippage trading of Aptos' native token. The platform charges a standard trading fee of 0.3%, a portion of which is distributed to liquidity providers, and the rest is used to support protocol operations and THL buybacks.

2. Liquidity Pools and Yield Mining
   liquidity providers can deposit assets into ThalaSwap's liquidity pools and earn trading fees and THL token rewards. The platform offers flexible liquidity pool options, including centralized liquidity for stablecoin pairs, resulting in increased funding efficiency. The yield mining plan incentivizes long-term participation, and the rewards are distributed according to the pool's contribution.

3. Overcollateralized Stablecoin (MOD)
   ThalaSwap has launched MOD, an overcollateralized stablecoin pegged to the U.S. dollar that aims to provide stability for DeFi trading. Users can mint MODs by depositing collateral such as APT or other stable assets, and there is a liquidation mechanism to ensure the stability of the peg. The MOD integrates with ThalaSwap's pool to boost the liquidity of stablecoin trading.

4. Thala Launchpad
   Thala Launchpad supports token sales for Aptos-based projects, providing a permissionless platform for fair issuance. It enables projects to raise liquidity transparently and ensure fair access through community governance. This Launchpad integrates with ThalaSwap's AMM to provide instant liquidity for newly issued tokens.

5. THL Token & Governance
   THL Token is the protocol's utility token and governance token with a total issuance of 100 million. Holders can stake THL to participate in governance and vote on proposals such as fee adjustments and mining pool incentives. The buyback burn mechanism uses protocol revenue to reduce the supply of THL, potentially increasing the scarcity of the token over time.

6. Security & Wallet Integration:
   As stated in the Aptos Ecosystem report, ThalaSwap puts security first by regularly auditing smart contracts through companies like OtterSec. The platform is non-custodial and supports wallets such as Petra and Martian, ensuring that users are in control of their funds. Its KYC-free policy enhances privacy and is in line with the philosophy of DeFi.

7. User Interface and Accessibility< br/>ThalaSwap's interface is designed to be clean and easy to use, offering real-time price charts, portfolio tracking, and seamless exchange capabilities. The platform takes full advantage of Aptos' low transaction fees (under $0.01) and sub-second finality, making it easy for both retail and institutional users to use.

Market

PositioningThalaSwap is positioned as a leading decentralized exchange (DEX) on the Aptos blockchain, with a focus on scalability, low fees, and community-driven DeFi solutions. As of May 2025, it has a total value locked (TVL) of approximately $10 million and an average daily trading volume of $1 million, reflecting the steady growth of Aptos' emerging ecosystem. ThalaSwap's target customers include traders looking for efficient swap trading, liquidity providers looking for high yields, and projects listing tokens on Aptos. ThalaSwap's integration with Aptos infrastructure, including partnerships with protocols such as Liquidswap, strengthens its role as a liquidity hub.

The platform's focus on stablecoin trading through MOD and its Launchpad attracts users who prioritize low-volatility assets and new project opportunities. ThalaSwap's roadmap includes expanding cross-chain capabilities through Aptos' interoperability features and introducing advanced yield mining mechanisms. Its THL-powered community governance model fosters user engagement, making it a core component of the Aptos DeFi space.

SummaryFounded

in 2022 and headquartered in Singapore, ThalaSwap is a leading decentralized exchange (DEX) on the Aptos blockchain, offering automated market maker (AMM) swaps, MOD stablecoins, as well as a token issuance platform (Launchpad). ThalaSwap has a total value locked (TVL) of $10 million and integrates with Aptos' scalable infrastructure to serve traders, liquidity providers, and projects.