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Phala Network PHA

Phala Network Price (PHA)
$0.0703
29.91% Buy PHA Now

0.0000184 ETH

0.000000624 BTC

Buy PHA Now
Low: $0.0290
High: $0.1008
24h
Market Cap
$57,243,325
29.91%
Fully Diluted Market Cap
$70,342,135
29.91%
Volume
24h
$19,945,669
384.34%
Volume / Market Cap
0.3484
Circulating Supply
813,784,301 PHA
Max Supply
--
Total Supply
1,000,000,000

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Live PHA Price Analysis

The current real time Phala Network price is $0.0703, and its trading volume is $19,945,669 in the last 24 hours. PHA price has plummeted by 29.91% in the last day, and decreased by 31.33% in the last 7 days. It's important to note that current Phala Network market capitalization is $57,243,325, Talking about circulating supply, PHA has 813,784,301 coins. Currently, Phala Network rank on the market is #297.

Phala Network price today is 95.01% below all time high, and it is 155.48% above all time low.

All data and prices are updated in real-time. The most active and popular exchanges for buying or selling PHA are Kraken, BYDFi & Crypto.com. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.

What Is the Phala Network (PHA)?

PHA is the native token of the Phala Network, which is a permissionless computing protocol. Take a look at the Phala Network price chart featured above to see the current PHA price.

Essentially, the Phala Network allows users to develop confidential smart contracts, as well as sell, buy, or trade ​​contract-based data. However, it also offers other features and services, including:

  • Web3 Analytics. An analytics creation center built on Web 3.0 that aims to become an alternative to Google Analytics.
  • SubBridge. A cross-chain bridge that allows users to move currencies between Phala and other blockchains.
  • PhalaWorld. A gamification layer created on top of the Phala Network.
  • Phat Contract. An innovative programming model that enables off-chain computation.

Who Founded the Phala Network?

The Phala Network crypto project was founded by Hang Yin, Marvin Tong, Zhe Wang, and Jun Jiang.

Hang Yin has a degree in computer science. He is also the lead developer of the Phala Network. In the past, Yin was a senior software engineer at Google. Besides, he has a lot of experience with artificial intelligence.

Marvin Tong has a degree in business. Before co-founding Phala, he worked as a product manager at Tencent and DiDi.

Zhe Wang is an entrepreneur with a degree in computer science. He is the former CEO of Xiaohei AI Games and CTO of Haha AI Vending Machine.

Jun Jiang is a webmaster of RubyChina. Prior to joining the founding team of the Phala Network, he was the CTO of KnewOne and a software architect at DJI.

How Does the Phala Network Function?

The Phala Network was built using Parity’s Substrate, which is a blockchain development framework. It made the Phala Network interoperable with Polkadot. However, in 2022, Phala won the 13th Polkadot Slot Auction and became the official Polkadot parachain. In addition to that, Phala has a Canarian network called Khala, which runs on the Kusama network.

The Phala Network adopts a distributed computing architecture to separate computation from consensus.

To create a secure distributed computing cloud, Phala combines Trust Execution Environment (TEE) hardware with blockchain technology. TEE is a feature of the CPU that can be found in computers or smartphones. It essentially enables Phala Network to establish a safe environment for the execution of smart contracts, guarding against the disclosure of sensitive personal data.

Confidential smart contracts on TEE are executed by worker nodes. Overall, there are three types of nodes: genesis node, gatekeepers, and miners. The Genesis node is responsible for setting up cryptographic parameters and starting the network. Gatekeepers ensure the availability and security of the network. Miners execute the confidential contracts.

Use Cases of PHA Tokens

PHA is the native utility token of the Phala Network. If you’d like to see the current PHA price, make sure to check out the Phala Network price chart above. Talking about its use cases, the following are the main ones:

  • Rewards. PHA tokens are used to reward miners and gatekeepers.
  • Means of payment. PHA tokens are used to purchase computing resources, as well as pay data exchange fees.
  • Governance. By staking PHA tokens, users can become a part of the Phala DAO and participate in the decision-making process considering the Phala Network crypto project.
  • Staking. Users who want to become gatekeepers or miners have to stake PHA tokens.

Tokenomics of PHA

The max supply of PHA tokens is 1 billion. 15% of that supply was allocated to the private PHA sale during which the PHA price was $0.01. Though talking about the further PHA token distribution, 70% of the supply is set aside for rewards, while the remaining portion was split between developers, network testers, and the PHA airdrop.

What's Phala Network trading volume in the last 24 hours?

PHA has a trading volume of $19,945,669 in the last 24 hours.

What's Phala Network highest price ever?

PHA has a highest price of $1.41, which was reached on May 15, 2021 (4 years 4 months ago).

What's Phala Network lowest price ever?

PHA has a lowest price of $0.0275, which was reached on Dec 11, 2022 (2 years 9 months ago).

What are the best exchanges for buying and selling PHA?

Currently, the most active and dominating exchanges for buying and selling Phala Network are Kraken, BYDFi & Crypto.com. The most popular Phala Network trading pairs are PHA/USDT (on Binance ), PHA/USDT (on MEXC ), PHA/USDT (on Gate ). Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

What are the safest hardware wallets for keeping PHA?

According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Phala Network. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.

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Phala Network Markets' Analysis

The in-depth analysis of Phala Network Markets shows that the top exchanges are Kraken. It's clear that the most popular trading pairs currently are USDC/USD, SOL/USD, USDC/USDT, USDC/EUR, XDG/USD. Looking at the combined Volume of these Top 5 PHA pairs, it's evident that they have an overall market dominance of 5,795%, which makes up a worth of $1,155,875,427. Currently, the Number 1 Phala Network trading pair is USDCUSD, with the current price of $1.00 & a volume of $324,951,287 with a dominance 1,629% rate.

Phala Network (PHA) Volume By Exchange And Quote Currency

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Phala Network (PHA) Markets
# Exchange Base Currency Quote Currency Name Price Volume Volume %
1 Binance Centralized Exchange Phala Network PHA Tether USDT PHA/USDT $0.0703 $6,571,273 93,474,050 PHA 32.95%
2 Gate Centralized Exchange Phala Network PHA Tether USDT PHA/USDT $0.0703 $3,502,774 49,847,130 PHA 17.56%
3 MEXC Centralized Exchange Phala Network PHA Tether USDT PHA/USDT $0.0705 $3,455,416 49,027,647 PHA 17.32%
4 LBank Centralized Exchange Phala Network PHA Tether USDT PHA/USDT $0.0702 $1,302,810 18,567,186 PHA 6.53%
5 OKX Centralized Exchange Phala Network PHA Tether USDT PHA/USDT $0.0703 $819,875 11,667,923 PHA 4.11%

Phala Network (PHA) Markets

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# Exchange Base Currency Quote Currency Name Price Volume Volume %


Phala Network Price History Analysis

Price History for Phala Network (PHA)
Date Open High Low Close Volume Market Cap
Oct 09, 2025 $0.0975 $0.1009 $0.0963 $0.0996 $4,569,204 $80,981,702
Oct 08, 2025 $0.1022 $0.1031 $0.0973 $0.0975 $5,035,883 $79,315,749
Oct 07, 2025 $0.1010 $0.1039 $0.1006 $0.1024 $4,155,385 $83,275,854
Oct 06, 2025 $0.1016 $0.1046 $0.1002 $0.1011 $4,660,981 $82,244,715
Oct 05, 2025 $0.1045 $0.1050 $0.0997 $0.1016 $4,129,105 $82,584,805
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Date Open High Low Close Volume Market Cap

On this day

October 11

Phala Network PHA
Today
$0.0703
| 8.05%
2024 (1 year ago)
$0.1071
| 15.67%
2023 (2 years ago)
$0.0926
| 12.38%
2022 (3 years ago)
$0.0824
| 89.72%
2021 (4 years ago)
$0.8019
| 596.92%
2020 (5 years ago)
$0.1151

Phala Network Popularity Metric Analysis

By analyzing Phala Network social media signals, you can instantly see how active, community-involved and popular the company is. Looking at Phala Network X statistics, it's clear that the brand has 142,847 followers, which is considered to be a quite average follower base. On the other hand, Phala Network is following 828 X accounts. It's important to note that Phala Network has posted 5,770 tweets since it joined X on Aug 27, 2019, which shows the brand's level of involvement and proactiveness.

Looking at Phala Network Telegram stats, the project has 9,687 members. Phala Network currently has 21 monthly organic visitors to its website, which is quite a low amount of traffic. The company's Ahrefs Rank is 158,093, and the Website Domain Rating is 65 - both of these metrics are deemed as good.

Phala Network GitHub activity began on Jan 08, 2020, until now it has 278 public repositories.

Phala Network Price
$0.0703
Price Change 24h
-$0.0210
29.91%
24h Low / 24h High
$0.0290 /
$0.1008
All Time High
May 15, 2021 (4 years 4 months ago)
$1.41
95.01%
All Time Low
Dec 11, 2022 (2 years 9 months ago)
$0.0275
155.48%
Trading Volume 24h
$19,945,669
384.34%
Volume / Market Cap
0.3484
Market Dominance
0.00%
Market Rank
#297
Market Cap
$57,243,325
29.91%
Fully Diluted Market Cap
$70,342,135
29.91%

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