Continuing a project that was airdropped at Binance Alpha listed immediately on Binance through the Binance Hodler Airdrop. Caldera (ERA) is the 27th project announced for listing atHODLer Airdrop page.

Caldera (ERA) is a connection network, an ecosystem of modular chains, connected and customizable. As a new project, to understand more about what Caldera (ERA) is? And how to participate in the Binance Hodler Airdrop to receive exclusive tokens by holding BNB at Binance, let's explore with Trading Insight through this article!

What is Caldera (ERA)?

ERA is a network, a platform that has pioneered in the Rollup field, a scaling solution deployed on custom layer 2-3 blockchains with just one action.

The project affirms groundbreaking technology that solves the scalability problem when interacting multi-chain for the blockchain ecosystem. Not only reducing transaction fees by 90% but also creating a network connecting thousands of separate chains, being a pioneering path clearer, ushering in an era for a playground where every application from DeFi to GameFi or enterprises can operate seamlessly on their own blockchain while continuously and seamlessly interacting with the entire ecosystem.

Highlights of the ERA (Caldera) Project

In the fiery crypto sector, filled with rollup projects 'stirring' technology and promising lofty goals today, finding a good project or a solid solution is extremely difficult. Caldera (ERA) is not an ordinary rollup; as introduced, it is a machine that creates an entire multi-layer rollup ecosystem, where each application can have its own blockchain while still communicating seamlessly like the Internet.

This project has quite a few interesting products, but before delving into the products, let's see what makes this project stand out with Trading Insight!

  • The project’s TVL has reached over 1B+

  • 75+ chains are operational

  • Over 850M+ transactions processed (according to the latest report)

  • There are 27.6M+ user wallet addresses (according to the latest report)

  • Transaction speed of 4000+ TPS and new chain deployment time of less than 5 minutes

  • Transaction fees are only $0.01 (90% reduction compared to Ethereum L1)

  • Supports multi-protocols like Optimism, Arbitrum, and ZK Stack on the same platform

  • Metalayer is the first multi-chain interoperability solution with built-in Intents Engine

  • The project token is multifunctional as it can be used for cross-chain fee payments, staking to secure the network, and participating in DAO governance voting

  • Has a comprehensive strategic partnership regarding capital and networks to receive support in the development process

  • The project's development team comes from Stanford, Coinbase, Google, along with 25+ full-time blockchain engineers continuously developing

  • Advisor network from the Ethereum Foundation

  • Has a clear roadmap such as expanding support for Solana SVM, developing Metalayer version 2.0, enhancing security with ZK proofs

Current products of LA

Caldera has successfully launched 3 core products, creating the most complete rollup ecosystem on the market, including: Rollup Engine - '1 Click' Blockchain Creator. Metalayer - 'Spine' Multi-Chain Connector. ERA Token - Ecosystem Bloodline.

Caldera combines two products: the rollup tool, which allows for the rapid creation of any number of high-performance new chains, and the super metadata layer, a comprehensive multi-functional interoperability solution that enables interaction between chains.

Caldera targets the Ethereum rollup ecosystem, which is rapidly developing but very fragmented. As of April 2025:

  • There are currently over 125 Layer 2 systems, with hundreds more set to launch, including systems for large organizations. Caldera's solutions will also penetrate the 'enterprise blockchain' market in general, which is valued as a multi-billion dollar opportunity.

  • Caldera currently supports about 25% of Ethereum deployments, with over 100 chains, 30 mainnets in operation, and over $400 million in TVL.

  • Caldera's supermaterial layer will bring interoperability solutions into the mix, which has already proven to be a multi-billion dollar opportunity as demonstrated by the development of projects like LayerZero, Wormhole, and others.

Caldera Meta Layer bridge interface

Current data includes:

  • Total unique wallets: 27.6 million

  • Daily unique users (by IP/network used): ~250 thousand

  • Caldera Catalyst Campaign: Over 5 million MAU

Caldera has a diverse user base across its ecosystem, with user traffic analysis showing the top countries: United States, India, Indonesia, Vietnam, Japan, Germany, Nigeria, Russia, Hong Kong, Ukraine

Technical infrastructure:

Caldera builds a relatively comprehensive rollup infrastructure with 3 main pillars including:

  1. Rollup Engine is a toolkit for deploying multi-protocol L2/L3 (OP/Arbitrum/ZK) integrated with Celestia, allowing chain creation in just 5 minutes.

  2. Metalayer is an interoperability solution using Intents Engine and Hyperlane to connect 15+ blockchains

  3. The multi-layer security system incorporates fraud-proof, ZK proofs, and slashing mechanisms. Accompanied by a complete developer toolkit and a sequencer network achieving 4000+ TPS, forming the strongest rollup ecosystem today.

Project backers and funding rounds of the project

The Caldera project is a breakthrough combination of Layer 2 technology and multi-chain interoperability solutions that has attracted a large number of investors and participating funds. Some highlights include:

  • Some notable funds in the industry include: Founders Fund, Sequoia Capital, Dragonfly Capital, Coinbase Ventures, AllianceDAO ....

  • Caldera has completed 3 fundraising rounds, raising an estimated total of $60-80 million.

  • Caldera collaborates with major names to develop the ecosystem such as: Manta Network (ZK rollup), ApeChain (Bored Ape ecosystem), Celestia (Data Availability solution), Hyperlane (multi-chain messaging infrastructure)

  • Additionally, the extremely promising team focused on building the project is a top confidence factor for investment.

  • With strong funding and a quality partner network, Caldera is shaping the future of the multi-chain rollup ecosystem.

Project Development Team

Caldera is developed by a talented team with experience from Stanford, Coinbase, and Google.

CEO Matt Katz is a former Stanford engineer and a crypto pioneer since 2011, along with CTO Parker Jou (ex-NVIDIA/Waymo) leading the project with a vision to build the 'Internet of Rollups.'

The team consists of 25+ full-time members along with a network of advisors from the Ethereum Foundation, demonstrating capability through successfully launching 30+ mainnet chains, processing over 850M transactions, and attracting $400M TVL.

All members have a strong belief in the multi-chain future; they are building a platform that connects all specialized blockchains into a unified ecosystem.

Tokenomics details

Constellation Labs Investors ~ 32.08%

Team ~ 14.75%

Airdrop ~ 7.00%

Foundation Treasury ~ 10.09%

Liquidity ~ 1.50%

Other Exchanges (Estimation) ~ 1.35%

Community/Ecosystem ~ 16.92%

Constellation Labs Treasury (R&D) ~ 10.23%

Binance Alpha Airdrop ~ 1.00%

Binance Wallet Web3 Marketing ~ 1.00%

Binance Hodler Airdrop ~ 4.00%

Binance Marketing Affiliate

Token release schedule:

Details about the ERA HODLer Airdrop

  • Token name: Caldera (ERA)

  • Total Genesis token supply: 1,000,000,000 ERA

  • Maximum token supply: 1,000,000,000 ERA

  • HODLer Airdrop token rewards: 20,000,000 ERA (2.00% of total token supply)

  • An additional 20,000,000 ERA will be allocated for marketing campaigns in the next 6 months. Details will be posted in a separate announcement.

  • Circulating supply upon listing on Binance: 148,500,000 ERA (accounting for 14.85% of total token supply)

What are Binance HODLer Airdrops?

Binance's HODLer Airdrop rewards are exclusive token rewards for BNB holders based on historical snapshots of their BNB balance in the Simple Earn Flexible or Locked products. By staking BNB into On-Chain Yields, users will automatically qualify for HODLer Airdrops and Launchpool rewards.

Those who sign up for Simple Earn automatically qualify for token rewards without any additional action.

Benefits of HODLer Airdrops:

  1. Passive rewards: Earn tokens based on the amount of BNB held in the past without active participation.

  2. Eligible for multiple rewards: Qualify for Launchpool, Megadrop, and HODLer Airdrops simultaneously.

  3. Convenient: Snapshots are taken hourly to ensure fair distribution.

How to participate in future HODLer Airdrops

  1. Go to the [EARN] section on Binance.

  2. Search for BNB and register for the Simple Earn Flexible or Locked products.

  3. Binance will use historical snapshots of user balances to calculate rewards, which will be distributed to eligible Spot Wallets within 24 hours of the airdrop announcement.


Summary

ERA, also known as Caldera, is preliminarily assessed as a quite interesting pioneering project, creating many opportunities for the rollup ecosystem. Like a reform set in this cleansing phase for the market, projects are participating in a battle for change and upgrade. A new creation, creating a comprehensive rollup world, instead of single solutions, ERA has successfully built an 'Internet of Rollups' with a leading market position. The core value of infinite scalability and seamless interaction will continue to propel the project further.

However, attention should be paid to the volatility of the token, especially when the project is newly launched and developed. The value of the token can be significantly affected by the market and external factors. The information provided by Trading Insight is based on reference data sources, not investment advice.

For any new project, taking the time to thoroughly understand and research is extremely important. Trading Insight will always provide full information and knowledge to help you gain a comprehensive view of the market, both in the present and future. Don't forget to follow and interact with Trading Insight to get the latest updates!
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