All-time High
$1.41
May 15, 2021
All-time Low
$0.07
Oct 13, 2022
Volume(24h)
$15.3M
Turnover rate
15.65%
Market Cap
$97.7909M
FDV
$122.5M
Circulating supply
$798.32M
Total supply
$1B
Max supply
Currency Calculator
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{{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
Community sentiment

26%
74%


Bullish

Bearish
Exchange | Pair | Price | Volume (24h) | Volume % | Confidence | Liquidity Score | Earn |
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{{val.marketPair}} | {{decimal(val.price,true,2)}} | {{val.volume24h}} | {{val.volumePercent}} | Low Moderate High | {{val.effectiveLiquidity}} | Buy / Sell | |
About Phala Network
What Makes Phala Unique?
Phala Networks pioneers DePIN for CPUs, optimizing performance. Decentralized compute enhances blockchain coprocessors, ensuring secure transactions. The future entails AI-Web3 synergy, with Autonomous Agents providing scalable, autonomous data processing. Phala Network distinguishes itself through its [Phat Contracts](https://docs.phala.network/developers/phat-contract), a paradigm-shifting concept in decentralized off-chain computation. The key uniqueness of Phat Contracts lies in their role as decentralized computation units, surpassing the limitations of on-chain smart contracts. These contracts run off-chain, facilitating complex computations seamlessly and cost-effectively. Unlike traditional on-chain solutions, Phat Contracts enable connections across diverse blockchains, supporting EVM and Substrate-based chains like Ethereum, Polygon, Polkadot, and [more](https://docs.phala.network/developers/phat-contract/supported-chains). Phat Contracts empower developers with a range of tools—such as the Rust SDK and JavaScript and TypeScript—providing flexibility based on their programming background. [Phat Contract applications](https://phala.network/posts/phat-contract-20-smart-contracts-now-connected) include [Zurf](https://phala.network/posts/monetizing-social-interactions-phala-and-zurf-parnership) for web3 social rewards, Phat OTP for secure on-chain authentication, Phat Strategy in GameFi, Lens Phite for [dynamic NFTs](https://phala.network/posts/Dynamic-NFT-Web3-Game-Changer), Smart Cookie for AI-driven content tailoring, and LensAPI Oracle for seamless integration of Lens data in smart contracts.
Where Can I Buy Phala (PHA)?
As one of the most potential Polkadot and EVM ecosystem projects in terms of coprocessor, PHA is available on some top-ranked exchanges below - [Binance](https://www.binance.com/en-GB/how-to-buy/phala-network) - [Kraken](https://www.kraken.com/en-gb/prices/phala.network) - [OKX](https://www.okx.com/price/phala-network-pha) - [Kucoin](https://www.kucoin.com/how-to-buy/phala) - [Uniswap](https://app.uniswap.org/tokens/ethereum/0x6c5ba91642f10282b576d91922ae6448c9d52f4e) - [1inch](https://app.1inch.io/#/1/simple/swap/PHA) - [HydraDX Omnipool](https://app.hydradx.io/trade/swap) For the full list, please visit [here](https://coinmarketcap.com/currencies/phala-network/markets/).
Who Are the Founders of Phala Network?
- Marvin Tong: CEO of Hash Forest Technologies. Senior Product Manager. Ex Tencent and Didi. 【[X](https://twitter.com/marvin_tong)】【[LinkedIn](https://www.linkedin.com/in/marvintong/)】 - Hang Yin: CTO of Hash Forest Technologies. Founder and Lead Developer of Bitcoin Gold. Senior Developer at Google. 10 years of coding experience. 【[X](https://twitter.com/bgmshana)】【[LinkedIn](https://www.linkedin.com/in/hang-yin-167012a7/)】【[Github](https://github.com/h4x3rotab)】
How Many PHA Coins Are There in Circulation?
There is a maximum supply of 1 billion PHA. As of January 17th, 2024, the circulating supply of PHA tokens is 663,448,259. Please note that the circulating supply is dynamic. For the most up-to-date information on the circulating supply, please visit the API [here](https://khala-circulation-api.phala-dev.workers.dev/).
What Is Phala Network?
[Phala Network](https://phala.network/) is a coprocessor for blockchains. Developers deploy “[Phat Contracts](https://phala.network/phat-contract),” off-chain program for coprocessors, enhancing dApps with connectivity, internet access, and heavy computation, overcoming web3 constraints. Phala Network has one of the largest [Trusted Execution Environments (TEE)](https://docs.phala.network/developers/advanced-topics/blockchain-infrastructure/secret-key-hierarchy#key-hierarchy-management) on Intel Software Guard Extensions (SGX) hardware, which means that any code/data on Phala Network is protected from unauthorized access by users. Phala addresses developer concerns with expanded developer [language support](https://docs.phala.network/developers/build-on-phat-contract/language-basics) such as JavaScript and more, and ready-to-deploy [Templates](https://bricks.phala.network/overview) for seamless Phat Contract integration, streamlining the experience for web3 developers. Phala stands at the forefront of Web3 innovation, fostering development through its [Builders Program](https://docs.phala.network/developers/phat-contract/builders-program).
Phala Network News
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Despite this minor dip, the premier cryptocurrency maintained a position of strength, holding onto gains from a gentle weekend rise and remaining tantalizingly close to the all-time high it achieved just last week.
May 27, 2025 at 02:17 pm
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The company traded as low as $57.12 and last traded at $57.86. 12399064 shares changed hands during mid-day trading, an increase of 51% from the average session volume of 8187594 shares.
May 27, 2025 at 02:18 pm
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The Blockchain Group, a Paris-listed decentralized technology development company, has completed a €63.3 million convertible bond issuance to add more Bitcoin to its treasury.
May 27, 2025 at 02:28 pm
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input: James Wynn, a crypto trader who has been sharing his positions on the X (formerly Twitter) platform, has quickly become popular
May 27, 2025 at 02:30 pm
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If you're searching for how to get Dogecoin free, you're not alone — and nope, you don't have to fall for sketchy Telegram groups or weird Twitter giveaways.
May 27, 2025 at 02:31 pm
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After tagging a local top near $110,800 earlier this week, the Bitcoin price today is hovering near $108,750, reflecting mild intraday pressure.
May 27, 2025 at 02:41 pm
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A new research paper by Google Quantum AI researcher Craig Gidney shows that breaking widely used RSA encryption may require 20 times fewer quantum resources than previously believed.
May 27, 2025 at 04:04 pm
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Pakistan has allocated 2,000 megawatts (MW) of electricity to fuel Bitcoin mining and artificial intelligence (AI) infrastructure
May 27, 2025 at 04:15 pm
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Wise Advice links Bitcoin's price movement to U.S. M2 money supply with a 10–12 week lag. Based on rising M2 levels, Bitcoin could surge 24% to hit $135K
May 27, 2025 at 04:32 pm
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