Caldera (ERA) is a cutting-edge Rollup‑as‑a‑Service platform—and the builder of Ethereum’s first “Metalayer” for interoperability. Launched in 2023, its native ERC‑20 token has a 1 billion supply, with ~148.5 M in circulation
. ERA powers high-throughput, customizable rollups that support hundreds of transactions per second with sub-second finality—fully compatible with the EVM
cryptorank.io
. The Metalayer enables communication and asset transfers across L2 chains, creating a unified ecosystem of over 60 live rollups, $550 M TVL, 80 M+ transactions, and 1.8 M wallets
. ERA serves as omnichain gas token, staking asset, and governance token
. Following listings on Binance and Coinbase, ERA briefly surged ~80%–85%, aided by token airdrops totaling ~90 M ERA
. Today it trades around $1.23–$1.26 with a market cap of ~$183 M.
