Thales Protocol offers decentralized liquidity and enhanced prediction markets via onchain smart contracts for sports, digital options, and probabilities with risk management features.
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Introduction to Thales Protocol Thales Protocol is a set of smart contracts on the Ethereum Network that offers an easy-to-integrate liquidity and automated market making layer for probability-based markets such as digital options and sports markets, which are settled using various on-chain oracle data sources. Purpose of the Thales Protocol By providing a secure, transparent, and decentralized infrastructure for traders and liquidity providers, Thales Protocol has transformed probability-based exclusive-outcome markets globally. It acts as a publicly accessible on-chain automated market making system that enables traders to take positions on sports, digital options, and other markets against collateral supplied by AMM liquidity providers. How Thales solved the Market Making challenge in...
As of now, Thales is trading at 0.10523 USD, with a 24-hour trading volume of approximately 19.56K USD. The THALES to USD price is updated in real time. Over the past 24 hours, Thales has increased by 0.92%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 6.41M USD. Currently, there are 60 945 671 THALES in circulation out of a maximum supply of 99 410 000 THALES.
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