#caldera @Caldera Official Caldera is a Rollup-as-a-Service (RaaS) platform designed to simplify Ethereum scaling. It enables developers to launch custom, application-specific rollups with a few clicks. These rollups are automatically connected via the Metalayer, facilitating cross-rollup interoperability, asset transfers, and shared liquidity—helping to overcome fragmentation in the Layer-2 ecosystem.  

The native ERA token fuels the ecosystem by serving as:

• An omniverse gas token for transactions across rollups

• A staking asset securing validators in the Metalayer The project was founded by Matthew Katz (CEO) and Parker Jou (CTO), under the oversight of the Caldera Foundation, a Cayman Islands–based entity overseeing the transition to decentralized governance.  

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Market Overview & Key Milestones Current Price

~$1.10

Circulating Supply

~148.5 million ERA (~15% of 1 billion max supply)

Market Cap

~$196 million

Fully Diluted Valuation (FDV)

~$1.3 billion

All-Time High (ATH)

~$1.88–1.95 (mid-July 2025)

Airdrop Distribution

70 million ERA (7% of supply) distributed to early participants; plus 20 million via Binance HODLer campaign