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Certik
-200% Bonus$90,352,844
$118,100,000
$5,084,708
765,053,716 PHA
76.51%1,000,000,000 PHA
1,000,000,000 PHA
Phala PHA Phala (PHA) Chart
Phala (PHA) Return On Investment(ROI)
Phala (PHA) Token Price Now
Phala price today is $0.1181 with a 24-hour trading volume of $5,084,708. PHA price is down -5.67% in the last 24 hours. It has a circulating supply of 765.05Mil PHA tokens and a max supply of 1000Mil.
In order to search for real-time and historical information about Phala (PHA) blockchain, including data related to blocks, transactions, addresses, and more, you may use Phala (PHA) block explorers. Here are some of the most popular and useful Phala (PHA) blockchain explorers out there:
What Is Phala(PHA)?
Phala Network is a confidential smart contract network enabled by a TEE-Blockchain Hybrid Architecture. It ensures confidentiality by running smart contracts inside the TEE Enclaves in the CPU. Phala Network supports cross-chain integration as a native blockchain built on Substarte, which empowers Phala to be the infrastructure of confidentiality for any blockchain across the world. The purpose of Phala Network is to build a platform for general-purpose privacy-preserving Turing-Complete smart contracts.
What can Phala be used for?
PHA is Phala's native token based on ERC20, used for:
- Buy trusted computing resources: computing resources, on-chain storage, off-chain storage, etc.
- Data exchange fee: Phala provides a contract-based data exchange infrastructure for standardized data collection, analysis, and trading protocols.
- Security guarantee: To be a Gatekeeper one must stake a certain amount of PHA. The stake would be fined and took if he betrayed Gatekeeper rules.
- Governance: Stakeholders who own a certain amount of PHA would be able to join Phala DAO to further participate in community governance.
- Other payments: Settlements for other services or products such as Web3 Analytics, cross-chain bridges for permissionless chains.
Who Are the Founders of Phala Network?
Phala Network was co-founded by Hang Yin, Marvin Tong, Zhe Wang and Jun Jiang.
Hang Yin, the Co-founder & Lead Developer of Phala Network, former Senior Software Engineer at Google.
Marvin Tong, the Co-founder & CEO of Phala Network, former Senior Product Manager at Tencent & Didi.
Zhe Wang, the Co-founder & COO of Phala Network, Former CEO & CTO of Xiaohei AI Games & Haha AI Vending Mechine.
Jun Jiang, the Co-founder & CTO of Phala Network, former CTO at KnewOne and former Software Architect at DJI.
Where Can You Buy Phala(PHA)?
Investing in Phala can seem complicated, but it is much easier when you buy Phala through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold Phala — both for fiat money and other cryptocurrencies. Some of the most popular Phala cryptocurrency exchange are:
Phala (PHA) Community
- Twitter: https://twitter.com/PhalaNetwork
- Discord: https://discord.gg/phala
- Medium: https://medium.com/phala-network
- Telegram: https://t.me/phalanetwork
What is Phala (PHA) Contracts address?
Phala FAQ
What is the price of Phala (PHA) token?
The current Phala usd price is $0.1181. We update the Phala USD price in real time. Get live prices of Phala on different cryptocurrency exchanges around the world on Coincarp.
Is Phala (PHA) token a good investment?
It depends on your personal risk tolerance and investment goals. Phala is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in Phala investing, you will also need to understand the Phala project's white paper, team background, tokenomics, and the overall market environment.
The main ways to get involved in Phala investing are by participating in Spot, Perpetual, ETF/Leveraged trading or pledging to earn interest. Perpetual and ETF/Leveraged trading are very risky and are not recommended for non-professionals.
Where can I buy Phala (PHA) token token?
You can buy Phala from a cryptocurrency exchange (CEX or DEX) or some cryptocurrency wallets. Usually we choose cryptocurrency exchanges to buy, most exchanges require you to set up an account and verify your identity before buying Phala. Cryptocurrency exchanges that currently support Phala trading include:
If there is any error, please feedback to us, our email is hello@coincarp.com. Please be aware that buying and selling Phala involves high risks.You should always do your own research and make sure you understand the risks associated with Phala trading before you begin.
How to short Phala (PHA) token?
The easiest way to short Phala is through margin trading, usually with Perpetual contracts, Futures contracts, ETF/Leveraged. Only a few cryptocurrency trading platforms allows short selling due to the considerable risk involved in this type of trading.
To start shorting Phala, open a margin account, provide some collateral for your short position, borrow some coins from the trading platform, and start short selling. Keep in mind that shorting Phala or any other cryptocurrency is high-risk. Exchanges that currently support shorting Phala are:
What will Phala (PHA) token be worth in 5 years?
It is impossible to predict what Phala will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, Phala's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of Phala 5 years from now.
PHA Price Statistics
Phala Price
$0.1181
Price Change24h
$-0.007098 5.67%
24h Low / 24h High
$0.116 / $0.128
Trading Volume 24h
$5,084,708
Volume/Market cap (24h)
5.63%
Market Dominance
--
Market Rank
#312
Market Cap
$90,352,844
Fully Diluted Market Cap
$118,100,000
7d Low / 7d High
$0.1032 / $0.156
30d Low / 30d High
$0.0932 / $0.156
90d Low / 90d High
$0.0932 / $0.156
52 Week Low / 52 Week High
$0.0816 / $0.3772
All Time High
$1.41
All Time Low
$0.0619
