BerachainBERA

The coin of Berachain, a blockchain whose rewards are steered toward apps that supply trading liquidity.

Rank #447Since February 2025

Price on 31 Oct 2026

C$0.1964 -8.6% since 31 Jul 2026 · 99.1% below its all-time high

The short version

BERA pays fees and is staked on Berachain, an Ethereum-compatible blockchain whose 'Proof of Liquidity' design directs rewards to liquidity providers; since the PoL Next upgrade of 8 Jul 2026 it uses BERA alone instead of a second reward token. Its co-founders are pseudonymous, and investors led by Polychain, Brevan Howard's Nova fund and Framework put in about US$142M. Nasdaq-listed Greenlane holds about 81.3M BERA. On 31 Oct 2026 one BERA cost C$0.1964. From 31 Jul 2026 to 31 Oct 2026 its price changed -8.6% in Canadian dollars, and it was 99.1% below its all-time high of C$21.26 set on 6 Feb 2025.^[1]

Checked 31 Oct 2026 · 14 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$2.57 (2 Nov 2025) · low C$0.1925 (30 Oct 2026) · -92.2%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$0.1970	US$0.1411
30 Sep 2026	C$0.3343	US$0.2349
31 Aug 2026	C$0.2286	US$0.1649
31 Jul 2026	C$0.2137	US$0.1523
30 Jun 2026	C$0.3019	US$0.2125
31 May 2026	C$0.4782	US$0.3466
30 Apr 2026	C$0.4913	US$0.3618
31 Mar 2026	C$0.6187	US$0.4450
28 Feb 2026	C$1.10	US$0.8041
31 Jan 2026	C$0.9567	US$0.7091
31 Dec 2025	C$0.8709	US$0.6360
30 Nov 2025	C$1.30	US$0.9264

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$0.1964^[1]
3-month change: -8.6% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 99.1% below its high of C$21.26 (6 Feb 2025)^[1]
Market rank: #447, market value about C$68.9M^[1]
Kind: Native coin · Berachain (its own network)
Started: February 2025

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoNew BERA come only from protocol emissions; no admin mint found^[2]

Can anyone freeze or take coins from holders?YesValidators halted the chain and hard-forked to block transfers of exploited BEX assets in Nov 2025^{[3, 4]}

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?NoNo maximum; total grew from 500M at genesis to 567.1M^[5]

Any scheduled unlocks in the next 12 months?YesAbout 133.6M BERA, 36.6% of circulating^[5]

Does a team or foundation hold over 10% of supply?YesInvestors and core contributors were allocated 51% of genesis supply^[5]

Do network fees reach coin holders?YesHolders got US$4.27M in a year, about US$15K in the last 30 days^[6]

Main network hacked or halted in the past 2 years?YesChain halted on 3 Nov 2025 for an emergency hard fork after the BEX exploit^{[7, 3, 4]}

Is a regulator or court case targeting the coin itself?NoNo regulator case found; the Nova refund-right dispute is not a lawsuit^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by: Berachain Foundation and Bera Labs; pseudonymous co-founders Smokey the Bera, Dev Bear and Homme Bera^[9]
Funding: US$42M Series A led by Polychain (2023); US$100M Series B co-led by Nova and Framework (2024)^[9]
Largest holder: Greenlane (GNLN) held about 81.3M BERA, about 22% of circulating supply, on 30 Jun 2026^[10]
Allocation: Investors 34.3% and core contributors 16.8% of the 500M genesis supply^[5]

Supply

In circulation: 351.30M BERA of 563.81M in total (62.3%)^[1]
Maximum supply: None set^[1]
Fully diluted value: 1.60 times its current market value^[1]
Supply: 365.2M circulating of 567.1M total; no maximum^[5]
Unlocks: About 133.6M BERA in 12 months: investors 71.4M, contributors 35.0M, community 27.3M^[5]
Share: About 36.6% of circulating supply^[5]

Use and fees

Main use: Gas and staking; staked sWBERA collects protocol rewards and incentive revenue^[2]
Network fees: About US$61K in the past year; apps US$13.3M; TVL US$31.9M^[6]
Holder revenue: US$4.27M to holders in a year, but only about US$15K in the last 30 days^[6]

Trading

Daily trading: About C$16.0M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 14.69% of its market value changes hands each day^[1]
20-week average: 26.5% below its 20-week average price^[1]
1-year change: -92.3% in C$^[1]^[11]

History

Not a forecast

Coins ranked 201-500 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 8,067 cases, 1,187 coins

33% were higher a year later^[12]

Typical result: Median -38% after a year; 33% higher after two years
Lost half or more: 44% within a year
Against Bitcoin: 11% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

3 red flags found

Red flag: In Nov 2025 Berachain's validators ran a hard fork that blocked transfers of exploited BEX assets; US$12.8M was recovered.^{[3, 4]}
Red flag: About 133.6M BERA, 36.6% of circulating supply, unlocks to investors, core contributors and community programmes in the 12 months from Nov 2026.^[5]
Red flag: On 3 Nov 2025 validators halted Berachain for an emergency hard fork after the Balancer V2 exploit drained its BEX exchange.^{[7, 3]}

Greenlane reported 81.3M BERA at a fair value of US$16.4M against a US$70.2M cost in its 14 Aug 2026 Q2 results.^[10]
Linear unlocks to investors and core contributors continue; about 13.36M BERA unlocked on 6 Oct 2026.^[13]
From 14 Sep 2026 reward vaults must pay at least 0.75 incentive-token units per WBERA received or be replaced.^[13]
Documents from Nov 2025 showed Nova had a US$25M refund right until 6 Feb 2026; a co-founder called the report inaccurate.^{[8, 14]}

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.