Theta Network at a glance.
Theta launched its mainnet in March 2019 as a chain for video streaming and content delivery, and later added decentralized compute. Here is how it works and what it is used for, not the price.
$288,218
Value locked in DeFi protocols on Theta Network. Updated Jun 8, 2026. Source: DefiLlama.
THETA
Used for fees and securing the network. See the live THETA price.
How Theta Network works.
Theta uses a multi-level Byzantine Fault Tolerant design that splits the work between two kinds of node. A small set of Validator nodes proposes and orders blocks, and a much larger set of community-run Guardian nodes finalizes those blocks and checks the validators. Both kinds of node are secured by staking THETA, and producing blocks pays out rewards in TFUEL rather than in THETA.
Theta uses a multi-level Byzantine Fault Tolerant design that splits the work between two kinds of node. A small set of Validator nodes proposes and orders blocks, and a much larger set of community-run Guardian nodes finalizes those blocks and checks the validators. Both kinds of node are secured by staking THETA, and producing blocks pays out rewards in TFUEL rather than in THETA.
Two-token model
THETA is staked to run nodes and to vote on protocol changes, and its supply is fixed at 1 billion. TFUEL is the gas token used to pay transaction fees, deploy smart contracts and pay for compute and delivery work.
Validators and Guardians
A small group of Validator nodes proposes blocks, while thousands of Guardian nodes finalize them and watch the validators, which spreads out who has to be trusted.
Built for video and compute
The network is aimed at video streaming, content delivery and, more recently, GPU compute for tasks such as rendering and AI workloads, with payments settled in TFUEL.
EVM compatible
The Theta virtual machine is compatible with the Ethereum Virtual Machine, so contracts and tools written for Ethereum can run on Theta.
What Theta Network is used for.
Theta is used to pay for video delivery, content distribution and compute work, with TFUEL covering fees and THETA securing the network through staking.
Video delivery
Stream and distribute video across a network of nodes that relay bandwidth, with delivery work paid in TFUEL.
Decentralized compute
Pay for GPU compute tasks such as rendering and AI workloads using TFUEL.
Staking and governance
Stake THETA to help run Validator or Guardian nodes, earn TFUEL rewards and vote on protocol changes.
ThetaSwap · Dexs$117,158
ThetaCash · Synthetics$102,293
VoltSwap · Dexs$68,767
OCTOplace · NFT Marketplace$0Hold, swap and spend THETA.
Theta Network is integrated in Zypto App. Hold THETA in self-custody, swap it to any supported asset, and use it across Zypto’s features.
Be the reason Theta Network ships next.
Theta Network isn’t in Zypto App yet. Post the request to your followers, chains with the most demand get prioritised.
Request on XCommon questions.
What is the difference between THETA and TFUEL?
What is Theta used for?
Does Theta use mining or staking?
Is Theta compatible with Ethereum?
Can I hold THETA in Zypto App?
Related networks.
From learning to doing.
Hold, swap and spend crypto across 20+ blockchains in one self-custodial app, with a real Visa card for the real world.
Self-custodial · your keys, your coins.
