PANews reported on December 31 that Binance Labs announced an investment in THENA, a decentralized exchange (DEX) and liquidity protocol based on BNB Chain. The financing will be used to accelerate the development and expansion of the THENA platform, enhance security measures, expand user growth, strengthen partnerships within the BNB Chain ecosystem, and promote DeFi innovation.

Founded in January 2023, THENA adopts the innovative ve(3,3) token economic model and is committed to building a comprehensive liquidity layer that integrates the best features of leading DeFi protocols into one platform to improve security, scalability and user experience, and promote the popularization of decentralized finance (DeFi).