Cryptos:  11,068Exchanges:  390Market Cap:  $1,495,269,737,54024h Vol:  $107,744,181,398Dominance:  BTC: 47.8% ETH: 17.5%ETH Gas:  29 Gwei
Cryptos:  11,068Exchanges:  390Market Cap:  $1,495,269,737,54024h Vol:  $107,744,181,398Dominance:  BTC: 47.8% ETH: 17.5%ETH Gas:  29 Gwei
PHA

Phala NetworkPHA

Rank #195
Coin
On 184,745 watchlists

Phala Network Price (PHA)

$0.7234
1.17%

0.00001901 BTC1.17%

0.000323 ETH1.17%

Low:$0.6772
High:$0.7735
24h
PHA  Phala Network PHAPrice: $0.7234 1.17%
Market Cap
$131,547,148
1.17%
Fully Diluted Market Cap
$723,444,860
14.33%
Volume
24h
$60,603,879
36.80%
Volume / Market Cap
0.4607
Circulating Supply
181,834,380.33 PHA
18%
Max Supply
1,000,000,000
Total Supply
1,000,000,000
Sponsored

Phala Network Chart

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PHA Price Live Data

The live Phala Network price today is $0.723445 USD with a 24-hour trading volume of $60,603,879 USD. Phala Network is up 1.17% in the last 24 hours. The current CoinMarketCap ranking is #195, with a live market cap of $131,547,148 USD. It has a circulating supply of 181,834,380 PHA coins and a max. supply of 1,000,000,000 PHA coins.

If you would like to know where to buy Phala Network, the top exchanges for trading in Phala Network are currently Binance, OKEx, Huobi Global, CoinTiger, and Hotcoin Global. You can find others listed on our crypto exchanges page.

What Is Phala Network?

Phala Network is a privacy-preserving cloud computing service, which offers computing power comparable to existing cloud services and protects the privacy of managed programs. Based on TEE-Blockchain Hybrid Architecture, developers can deploy confidential smart contracts running inside the TEE Enclaves in the CPU.

Phala is also based on Substrate, and will run as a parachain of Polkadot ecosystem.

PHA is the native utility token that is used for:

  • Trusted Computing Resources: Purchase trusted computing resources in the network and the data exchanges (e.g. trusted computing power, on-chain computing and storage resources, and off-chain storage) using PHA tokens.
  • Data Exchange Fee: Phala provides a contract-based data exchange infrastructure for standardized data collection, analysis, and trading protocols. With Phala’s protocol, a confidential but trusted exchange ecosystem is built for both buyers and sellers.
  • Security Guarantee: Gatekeepers must stake a certain amount of PHA tokens, which may be slashed for misbehavior.
  • Governance: Stakeholders who own a certain amount of PHA are able to join the Phala DAO to participate in community governance.

Phala products include:

How Many PHA Coins Are There in Circulation?

There is a maximum supply of 10 billion PHA, and as of February 26, 14.7% of it in circulation.

Who Are the Founders of Phala Network?

  • Hang Yin: Founder and Lead Developer of Bitcoin Gold. Senior Developer of Google. 10 years of coding experience.【Linkedn】【Github

  • Marvin Tong: Senior Product Manager with 3 years experience. Worked in Tencent and Didi which are both the biggest Internet companies in China. Good at Product Design and Business Development. 【Linkedn

  • Zhe Wang: Hardware Engineer. A core member of Bitcoin Gold in China. 【Linkedn

  • Jun Jiang: CTO of KnewOne and Senior Software Architect in Dji. The lead of the RubyChina community. 【Github

  • Shunfan Zhou: Blockchain Security Research Scientist. Ph.D. candidate in Fudan University. 【Github

Where Can I Buy Phala (PHA)?

As one of the most potential Polkadot ecosystem projects in terms of privacy, PHA is available on some top-ranked exchanges including Binance, Huobi Global, Okex, Kucoin, Uniswap and 1inch. For the full list, check out here.

What Makes Phala Unique?

Phala Network tackles the issue of trust in the computation cloud.

  • This blockchain is a trustless computation platform that enables massive cloud processing without sacrificing data confidentiality. Built around TEE-based privacy technology already embedded into modern processors, Phala Network's distributed computing cloud is versatile and confidential. By separating the consensus mechanism from computation, Phala ensures processing power is highly scalable. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
  • As a member parachain of the Polkadot cross-chain ecosystem, Phala will be able to provide computing power to other blockchain applications while protecting the data layer, enabling possibilities like privacy-protected DeFi trading positions and transaction history, co-computing DID confidential data, developing light-node cross-chain bridges, and more.
  • On-chain services currently being developed on Phala Network include Web3 Analytics: high-performance smart contracts from Phala enable highly concurrent mass data analytics with privacy, paving the way for an alternative to Google Analytics that inherently respects individual confidentiality.

Phala: Transparent and Private Global Computation Cloud.

Should We Kick Hardware out of Blockchain?

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PHA

Phala Network

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USD

United States Dollar

PHA Price Statistics

Phala Network Price Today
Phala Network Price$0.7234
Price Change24h$0.008339
1.17%
24h Low / 24h High
$0.6772 /
$0.7735
Trading Volume24h$60,603,878.84
36.80%
Volume / Market Cap0.4607
Market Dominance0.01%
Market Rank#195
Phala Network Market Cap
Market Cap$131,547,147.87
1.17%
Fully Diluted Market Cap$723,444,860.26
14.33%
Phala Network Price Yesterday
Yesterday's Low / High
$0.6668 /
$0.7257
Yesterday's Open / Close
$0.6696 /
$0.6848
Yesterday's Change

2.26%

Yesterday's Volume$45,084,416.38
Phala Network Price History
7d Low / 7d High
$0.6156 /
$0.7735
30d Low / 30d High
$0.6156 /
$0.9722
90d Low / 90d High
$0.2979 /
$1.41
52 Week Low / 52 Week High
$0.07474 /
$1.41
All Time High
May 15, 2021 (2 months ago)
$1.41
48.67%
All Time Low
Nov 26, 2020 (8 months ago)
$0.07474
867.89%
Phala Network ROI

683.97%

Phala Network Supply
Circulating Supply181,834,380 PHA
Total Supply1,000,000,000 PHA
Max Supply1,000,000,000 PHA