One‑click deployment:#ERA Easily launch custom rollups without extensive engineering teams.
Modular Metalayer: A unifying layer enabling cross‑rollup asset transfers, shared security, and liquidity.
Founded by Constellation Labs, Caldera supports over 60 live rollups, over 80 million transactions, 1.8 million wallets, and manages roughly $400–600 million in TVL .
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🪙 The ERA Token: Utility & Governance
#ERA Ticker & Standard: ERA is Caldera’s native blockchain asset, issued as ERC‑20 and BNB‑chain tokens .
Functions:
1. Omnichain gas token for transactions across Caldera’s rollups.#ERA
2. Staking for securing the network and earning rewards; also enhances governance power.#ERA
3. Governance token—holders vote on protocol upgrades, fee models, treasury decisions, etc.
Tokenomics:
Total supply: 1 billion ERA
Allocation: ~32% investors, 21% community treasury, ~15% foundation, ~15% core team, ~10% R&D, ~7% airdrop .
Vesting: Team/investor lock-up of one year, then vest linearly; foundation and treasury funds disbursed over 4 years.
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🚀 Recent Launch & Market Performance
Binance listing & airdrop: ERA debuted on Binance on July 17, 2025 with a “HODLer airdrop” of 20 million ERA (~2% of supply) .
Coinbase support: Listed as an ERC-20, boosting accessibility/liquidity .
Price action:
24h trading volume: ~$1.3 billion
Price range: $0.85–$1.88; recent trades around $1.50–$1.70
All-time high: $1.88 on July 17, 2025
24h price surge: ~75% rise
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🧩 Use Cases & Ecosystem
1. Scalable rollups: Developers create dedicated high‑throughput chains with low fees.
2. Interoperability: ERA underpins seamless cross-rollup transfers.
3. Staking/governance: Users stake ERA, vote on decisions, earn staking rewards.
4. DeFi & gaming: Target verticals include gaming, AI, and DeFi applications built atop Caldera infrastructure .
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📈 Why It’s Gaining Traction
Modular scaling: Supports multiple rollups with unified tooling and management.
Institutional backing: Backed by major VCs, including Sequoia and Dragonfly Capital .
Strong entry momentum: Airdrop and listings have propelled visibility and liquidity.
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⚠️ Risks & Considerations
Regulatory uncertainty: Crypto regulation remains unpredictable, affecting new tokens.
Tech competition: Faces rivals like Optimism, Arbitrum, zkSync; interoperability and performance will be key.
Token restriction vesting: Significant holdings locked by insiders may impact future price stability.
Price volatility: Fresh listings often exhibit sharp pump-and-dump behavior—it’s essential to assess long-term fundamentals.
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📊 Summary Table
Category Details
Purpose Launch custom Ethereum rollups
Primary Token ERA – used for gas, staking, governance
Token Supply 1 billion total cap
Key Partners Binance, Coinbase; VCs like Sequoia, Dragonfly
Ecosystem Scale 60+ rollups, ~$500 M in TVL, 80 M+ txs
Recent Launch Impact Listings on Binance & Coinbase, trading volumes in billions, explosive price action
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🧭 Outlook & Next Steps
Caldera and its ERA token present a compelling Layer‑2/rollup infrastructure play, distinguished by its modular Metalayer bridging multiple chains. With substantial ecosystem activity, strong liquidity, and high‑profile listings, ERA is well‑positioned for mainstream DeFi and Web3 adoption.
What to watch next:
Ecosystem growth: Number and usage of rollups launched.
Staking/gov metrics: Growth in staked ERA and governance participation.
Tech upgrades: Metalayer integration depth and cross-rollup utility.
Price stability: Holding recent gains post-launch.
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If you'd like real-time data like price charts or portfolio tracking, I can fetch that too. Let me know if you're a
lso interested in deeper technical coverage—like how Caldera secures messages across chains or comparisons with Optimism and Arbitrum!
