Phala Price(PHA)
Phala price today is $ 0.0255, down 1.50% in the last 24 hours.
The live Phala (PHA) price today is $ 0.0255, with a 1.50% change over the past 24 hours. The current PHA to USD conversion rate is $ 0.0255 per PHA.
Phala currently ranks #581 by market capitalisation at $ 21.42M, with a circulating supply of 840.02M PHA. During the last 24 hours, PHA traded between $ 0.02498 (low) and $ 0.02648 (high), reflecting market activity. Its all-time high stands at $ 1.40939628, while the all-time low was $ 0.0212204399199672.
In short-term performance, PHA moved -0.16% in the last hour and +8.88% over the past 7 days. Over the past day, total trading volume reached $ 76.01K.
No.581
2019-09-01 00:00:00
ETH
The current Market Cap of Phala is $ 21.42M, with a 24-hour trading volume of $ 76.01K. The circulating supply of PHA is 840.02M, with a total supply of 1000000000. Its Fully Diluted Valuation (FDV) is $ 25.50M.
-0.16%
-1.50%
+8.88%
+8.88%
Phala Network (PHA) is a privacy-preserving protocol for data protection and decentralized applications. Its primary function is to provide confidential computation and data protection services for decentralized applications (dApps) built on its platform. Phala Network operates on a Proof-of-Stake (PoS) consensus mechanism and uses a native utility token PHA for governance, staking, and network fees. The network's design allows it to execute smart contracts confidentially, ensuring the privacy of data while maintaining the transparency and security of blockchain technology. Its typical use cases include decentralized cloud computing, data analysis, and privacy-preserving data exchange.
Explore live PHA spot and futures markets, compare Phala trading fees, and trade directly.
MEXC offers some of the lowest trading fees for Phala: 0% maker / 0.05% taker for PI spot pairs, and 0.01% maker / 0.04% taker for PI futures.
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Furthermore, you can trade selected spot tokens with absolutely no fees via MEXC's Zero Fee Fest.
Phala Network tackles the issue of trust in the computation cloud. By organizing a decentralized network of computation nodes around the world, it offers high-performance services without relying on any cloud vendor. Phala workers run the programs in Secure Enclaves, a privacy technology already embedded into modern processors, enabling versatile and confidential execution. Together, this creates the infrastructure for a powerful, secure, and scalable trustless computing cloud.
For a more in-depth understanding of Phala, consider exploring additional resources such as the whitepaper, official website, and other publications:
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