Theta Network

Theta Network is a Layer 1 blockchain designed to serve as a decentralized cloud infrastructure for artificial intelligence computing, video streaming, and media applications. It targets developers, content creators, and businesses that need distributed GPU compute power without relying entirely on centralized cloud providers. The network claims to address the high cost and geographic concentration of AI and video processing by routing those workloads through a global mesh of contributor-operated nodes.

Theta operates as a dual system: the Theta Edge Network coordinates over 10,000 active nodes that contribute GPU compute for AI inference, video transcoding, and rendering tasks, while the Theta Blockchain handles payments, rewards, and smart contracts that govern those interactions. The THETA token is used within this system for governance and staking, while a companion token called TFUEL handles transaction fees and node rewards on-chain. The blockchain records block times of effectively zero minutes as stored, and the consensus algorithm is not specified in the data held here.

The data stored here does not include a fee revenue figure for Theta Network, so fee-based valuation measures cannot be calculated from this source. What is recorded is a total value locked of 314,925.07 dollars and a stablecoin supply hosted of 36,897.14 dollars at the point-in-time snapshot, against a market capitalization of 181,816,962 dollars, producing a market-cap-to-TVL ratio of 553.91. The circulating supply of 1,000,000,000 THETA equals the maximum supply, meaning no additional tokens are scheduled to be issued and dilution overhang stands at 0.0 percent.