Caldera: Opening a New Era of Blockchain Development
In the fast-evolving landscape of blockchain technology, Caldera, as an innovative "Rollup-as-a-Service" platform, is quickly emerging, tagging @calderaxyz, using the hashtags #caldera and $ERA , to share my insights.
Founded in 2022 by Stanford alumni Matt Katz and Parker Jou, Caldera has already secured $24 million in funding, backed by top investors like Sequoia Capital and Founders Fund. It aims to address the core pain points developers face when building custom L2/L3 chains. The setup of nodes, sequencers, and bridges in traditional Rollup development is both expensive and time-consuming, while Caldera supports one-click deployment engines, compatible with Arbitrum Nitro, OP Stack, and ZK Stack, allowing developers to launch dedicated chains in just 5 minutes, significantly lowering the barriers to entry.
Currently, Caldera has deployed over 75 application chains in fields such as gaming, DeFi, and AI, with a total locked value (TVL) exceeding $1 billion, accounting for 12% of the Ethereum L2/L3 ecosystem. It utilizes a flexible four-layer modular design, where the execution layer supports EVM/SVM/FuelVM and custom gas tokens, handling transaction and smart contract logic; the settlement layer can validate proofs on underlying chains like Ethereum and Polygon, inheriting their security; the data availability layer offers Ethereum, Celestia, and EigenDA as options, with Celestia reducing storage costs by 90%; the interoperability layer (Metalayer) enables abstract cross-chain communication, allowing asset transfers to be completed in 2 seconds without bridges, with each chain providing over 20,000 TPS throughput and transaction costs as low as $0.001.
$ERA, as Caldera's native token, has a fixed total supply of 1 billion, of which 30% is allocated for airdrops, with pre-registration starting on July 11, 2025, prioritizing early testnet users; 25% is for ecosystem incentives, including liquidity mining and node subsidies. $ERA plays a crucial role in the Caldera ecosystem, serving important functions such as transaction fees, staking, and governance, and is key to the operation of the entire economic system.
I believe that Caldera will empower the birth of more innovative blockchain projects in the future and promote the development of the industry. Looking forward to seeing Caldera and $ERA create more brilliance in the blockchain world.