Caldera ($ERA ) envisions the internet of rollups—a modular, flexible, and fully interconnected ecosystem of customizable Layer‑2 chains. At its core are two complementary components: the Rollup Engine, which enables developers to spin up app‑specific rollups within minutes, and the Metalayer, a seamless interoperability fabric that unifies all Caldera rollups into a cohesive network .
With the Rollup Engine, teams can deploy custom chains using frameworks like Arbitrum Nitro, Optimism Bedrock, zkSync, or Polygon CDK. They can pick data availability layers (Ethereum, Celestia, Avail), tailor performance settings, and support upgrades and scaling without service interruptions . These rollups are never isolated silos: as soon as they're live, the Metalayer automatically connects them—enabling intent‑based bridging, shared liquidity, and ultra‑fast cross‑chain messaging via partners like Across, Hyperlane, and Eco .
Today, Caldera powers 50+ live rollups, with some reporting over $400 million in total value locked (TVL) and hundreds of millions of transactions processed across tens of millions of addresses . Its platform supports diverse use cases—DeFi, NFTs, gaming, AI—and notable chains like Manta Pacific, ApeChain, Injective’s inEVM, RARI Chain, and Oceanum are already live on Caldera .
The ERA token is Caldera’s native utility and governance token. It plays three central roles:
1. Omnichain gas token—used to pay transaction fees across all Caldera chains via the Metalayer. This simplifies fee handling regardless of which rollup you use .
2. Staking & security—validators stake ERA to authenticate cross‑chain messages, secure subnet activities (including ZK‑proof systems), and earn rewards .
3. Governance—ERA holders can propose, vote on protocol changes, grant allocation, fee parameters, and elect participants in ecosystem councils. Governance is gradually transitioning from Caldera Foundation oversight to community‑driven, on‑chain decision‑making .
The token has a capped supply of 1 billion ERA, with 7 % reserved for a community airdrop (70 million tokens), rewarding early adopters and ecosystem contributors . ERA is now listed on exchanges like Bitget, trading in pairs such as ERA/USDT, BNB, USDC, FDUSD, and TRY, and enables full participation in Caldera’s omnichain economy .
In summary, Caldera reimagines blockchain scalability by offering a plug‑and‑play way to launch tailored, interoperable rollups at scale. Its vision of an Internet of Rollups—powered by its Rollup Engine and Metalayer architecture, and underpinned by the flexible ERA token—signals a new paradigm for modular, composable decentralized infrastructure.
