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Theta Token Stock Quote

Theta Token (CRYPTO: THETA)

$2.24
(2.9%)
$0.07
Price as of May 17, 2024, 11:29 p.m. ET

Theta Token Return vs. S&P

1 Year 5 Year 5 Year Annualized Since IPO
THETA +143.07% -28%
S&P +27.37% +85.24% +13.11% +17%

Theta Token Company Info

Theta Network is a next-generation blockchain infrastructure for media and entertainment industries. It has a dual token system consisting of THETA and TFUEL. THETA is the governance token used for staking and protocol governance, while TFUEL is the operational token used for on-chain operations. The supply of THETA is fixed at 1 billion, while TFUEL's supply increases annually at a fixed percentage. Theta 3.0 introduced new crypto-economics for TFUEL, including the concept of staking and burning to maximize its utility. Theta Network's infrastructure enables existing media platforms to reduce costs and generate incremental revenues.

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