PHERA (PHERA) Tokenomics
PHERA (PHERA) Tokenomics & Price Analysis
Explore key tokenomics and price data for PHERA (PHERA), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
PHERA (PHERA) Information
PHERA is a decentralized exchange and token launchpad deployed on Robinhood Chain, an EVM-compatible Ethereum Layer-2 built on the Arbitrum Orbit stack. The protocol has three components: PheraDEX, a concentrated-liquidity market maker (CLMM); a token launchpad where new tokens are created on bonding curves and graduate into PheraDEX liquidity pools once they raise 2 ETH-equivalent in their quote asset; and a public software development kit (@phera/sdk, published on npm under the MIT license) through which third-party developers can build launch applications on the same contracts without registration or API keys. PHERA is the protocol's native token, with a fixed supply of 10,000 tokens reduced to an effective supply of approximately 8,500 after a verifiable on-chain burn at the close of its token generation event. A 0.40% share of PheraDEX pool trading fees accrues to an on-chain reserve used to buy back PHERA and burn it to the dead address.
PHERA (PHERA) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of PHERA (PHERA) is essential for analyzing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of PHERA tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many PHERA tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralized control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand PHERA's tokenomics, explore PHERA token's live price!
PHERA Price Prediction
Want to know where PHERA might be heading? Our PHERA price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
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Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
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