Phala Network
PHA#640| 1h | 24h | 7d | 30d | 1y |
|---|---|---|---|---|
| +1.69% | -2.13% | -3.03% | +24.78% | -76.23% |
About Phala Network
Phala Network Markets
| Exchange | Pair | Price | Volume (24h) | Trust |
|---|---|---|---|---|
| LBank | PHA/USDT | $0.024399 | $1.34M | green |
| WhiteBIT | PHA/USDT | $0.024407 | $903.29K | green |
| Hotcoin | PHA/USDT | $0.024399 | $559.52K | green |
| Binance | PHA/USDT | $0.024399 | $401.5K | green |
| GroveX | PHA/USDT | $0.024449 | $331.13K | green |
| Biconomy.com | PHA/USDT | $0.024349 | $226.52K | green |
| Bitvavo | PHA/EUR | $0.02441 | $217.85K | green |
| BTCC | PHA/USDT | $0.024399 | $200.76K | red |
| CoinW | PHA/USDT | $0.024489 | $178.98K | green |
| Toobit | PHA/USDT | $0.024299 | $102.18K | green |
| Pionex | PHA/USDT | $0.024399 | $91.56K | green |
| MEXC | PHA/USDT | $0.024389 | $81.63K | green |
| Bitunix | PHA/USDT | $0.024399 | $77.59K | green |
| Binance | PHA/TRY | $0.024254 | $74.33K | green |
| CoinUp.io | PHA/USDT | $0.024299 | $56.26K | red |
| MEXC | PHA/USDC | $0.024399 | $53.54K | green |
| Ourbit | PHA/USDT | $0.024449 | $47.34K | green |
| Binance | PHA/USDC | $0.024399 | $45.14K | green |
| OKX | PHA/USDT | $0.024409 | $44.8K | green |
| Gate | PHA/USDT | $0.024359 | $37.12K | green |
Phala Network Price History
Phala Network (PHA) reached its all-time high of $1.39 on May 14, 2021, and trades 98.2% below that peak today. Its all-time low was $0.019215 on August 3, 2026, and the price has since risen 28% from that low.
| Year | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| 2026(YTD) | $0.035603 | $0.053705 | $0.01924 | $0.024595 | -30.92% |
| 2025 | $0.3593 | $0.4127 | $0.033018 | $0.035765 | -90.05% |
| 2024 | $0.1185 | $0.4983 | $0.092 | $0.3919 | +230.72% |
| 2023 | $0.1067 | $0.2109 | $0.0811 | $0.1173 | +9.93% |
| 2022 | $0.4351 | $0.4351 | $0.0743 | $0.1074 | -75.32% |
| 2021 | $0.1238 | $1.308 | $0.104 | $0.4231 | +241.76% |
| 2020 | $0.1321 | $0.1884 | $0.0786 | $0.09811 | -25.73% |
Analysis
No analysis available for Phala Network yet.
Phala Network News
No recent news for Phala Network.
Phala Network FAQ
What is Phala Network (PHA)?
Phala Network (PHA) is a privacy-preserving cloud computing platform built on Polkadot. It enables confidential smart contracts using Trusted Execution Environments (TEEs), allowing data to be processed without being exposed to the public. The network aims to provide a secure and scalable infrastructure for decentralized applications that require data privacy.
How does Phala Network work?
Phala Network uses Trusted Execution Environments (TEEs) to isolate and process data securely. It operates as a layer-1 blockchain on Polkadot, with off-chain computation nodes called 'Phala workers' that run confidential contracts. The network uses a consensus mechanism based on proof-of-stake and TEE attestation to ensure integrity and security.
What is the PHA token used for?
The PHA token is the native utility token of Phala Network. It is used for paying transaction fees, staking to secure the network, and rewarding workers who provide computational resources. Additionally, PHA is used for governance, allowing holders to vote on network upgrades and proposals.
How does Phala Network differ from other smart contract platforms?
Unlike traditional smart contract platforms like Ethereum, Phala Network focuses on privacy and confidentiality. It uses TEEs to keep data encrypted during computation, which is not possible on public blockchains. This makes it suitable for applications that require data privacy, such as financial services, identity management, and AI. It also integrates with the Polkadot ecosystem, enabling cross-chain interoperability.
What is the current price of Phala Network?
Phala Network is currently priced at $0.02459, down 2.13% in the last 24 hours. It is ranked #640 by market capitalization. Over the past 7 days, PHA is down 3.03%.
What is Phala Network's market cap?
Phala Network has a market capitalization of $20.67M. The 24-hour trading volume is $7.82M, reflecting the total value of PHA traded across all exchanges in the last day.
How many Phala Network coins are in circulation?
There are currently 840.50M PHA in circulation. The total supply is 1.00B PHA.
