CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

CalderaERA

The token of Caldera, a company that builds and runs custom rollup chains for apps.

Rank #1143Since July 2025
Price on 31 Oct 2026
C$0.0958 -0.7% since 31 Jul 2026 · 96.3% below its all-time high

The short version

ERA is the token of Caldera, which launches and runs custom rollups for apps and links them through its Metalayer; ERA is meant for Metalayer fees, staking and governance. The Caldera Foundation is in the Cayman Islands, and Caldera raised US$25M, including a US$15M Series A led by Founders Fund. On 29 Oct 2026 Caldera used an emergency function in the ERA contract to freeze an attacker-linked address. On 31 Oct 2026 one ERA cost C$0.0958. From 31 Jul 2026 to 31 Oct 2026 its price changed -0.7% in Canadian dollars, and it was 96.3% below its all-time high of C$2.58 set on 17 Jul 2025.[1]

Checked 31 Oct 2026 · 12 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.5072 (22 Feb 2026) · low C$0.0771 (26 Aug 2026) · -74.7%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.0958US$0.0686
30 Sep 2026C$0.0950US$0.0667
31 Aug 2026C$0.0920US$0.0664
31 Jul 2026C$0.0903US$0.0644
30 Jun 2026C$0.1156US$0.0814
31 May 2026C$0.1698US$0.1231
30 Apr 2026C$0.1926US$0.1419
31 Mar 2026C$0.1697US$0.1220
28 Feb 2026C$0.2976US$0.2176
31 Jan 2026C$0.3580US$0.2653
31 Dec 2025C$0.2716US$0.1983
30 Nov 2025C$0.3651US$0.2603

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$0.0958[1]
3-month change
-0.7% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
96.3% below its high of C$2.58 (17 Jul 2025)[1]
Market rank
#1143, market value about C$16.7M[1]
Kind
Token · Ethereum (ERC-20); also on other chains
Started
July 2025

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?YesA 3-of-4 multisig owner can mint up to 5% of supply a year and upgrade the contract[2, 3]
Can anyone freeze or take coins from holders?YesThe multisig owner can freeze any wallet; used on 29 Oct 2026[4, 2, 3]
Can the token's contract code be changed?YesUpgradeable proxy contract on Ethereum[5]
Is the supply capped?NoContract maximum is 10B, and the multisig owner can mint more each year[2, 3]
Any scheduled unlocks in the next 12 months?YesAbout 317M ERA (estimate), about 1.8 times circulating[6]
Does a team or foundation hold over 10% of supply?YesInvestors 32.1%, team 14.8%, foundation 14.9% and community treasury 21% of supply[6]
Do network fees reach coin holders?NoNo burn, buyback or fee sharing found; business revenue is private[7]
Main network hacked or halted in the past 2 years?NoNo exploit of Caldera or the ERA contract found[4]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found[4]

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

Who controls it

Run by
Caldera Foundation (Cayman Islands); Caldera Labs (San Francisco)[8]
Funding
US$25M raised, including a US$15M Series A led by Founders Fund[8]
Concentration
Top three wallets held more than 82% of supply in May 2026[4]
Owner powers
A 3-of-4 multisig owns the contract: it can mint up to 5% a year, freeze wallets and upgrade[2, 3, 4]

Supply

In circulation
174.75M ERA of a 1.00B maximum (17.5%)[1]
Fully diluted value
5.72 times its current market value[1]
Supply
1B total; 148.5M (CoinMarketCap) to 174.75M (tokenomics.com) circulating[9, 6]
Vesting
Investors 32.1% and team 14.8%: 12-month cliff, 15% at the cliff, then 24 months linear[6]
Unlocks
26.41M ERA on 17 Nov 2026, then similar monthly tranches[6]
Next 12 months
About 317M ERA (estimate), about 1.8 times the circulating supply[6, 10]

Use and fees

Main use
Planned Metalayer fees, staking and governance[8]
Business
Powered 50+ rollups with more than US$400M of TVL (Jul 2025)[8]
Fees
Caldera bridge aggregator US$3,047 in a year; rollup service revenue is private[7]

Trading

Daily trading
About C$23.3M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 30.72% of its market value changes hands each day[1]
20-week average
3.3% below its 20-week average price[1]
1-year change
-74.8% in C$[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 (this coin ranks below 500, so the nearest group is shown)

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

4 red flags found
  • Red flag: On 29 Oct 2026 Caldera used the ERA contract's freeze function, held by a 3-of-4 multisig, to make an attacker-linked address's tokens non-transferable.[4, 2, 3]
  • Red flag: A 3-of-4 multisig owns the ERA contract and can mint up to 5% of total supply each year, up to a 10B maximum, and upgrade its code.[2, 3]
  • Red flag: About 317M ERA, roughly 1.8 times the circulating supply, is scheduled to unlock in the 12 months from Nov 2026 (estimate from the published schedule).[6, 10]
  • Red flag: Investors, team and foundation (with R&D) were allocated 72% of ERA; 68.5% of supply was still locked under the vesting schedule on 31 Oct 2026.[6]
  • The next unlock of 26.41M ERA, 2.6% of total supply, is due on 17 Nov 2026.[6]

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

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. Blockscout (ERA contract code, CalderaTokenV2), 1 Nov 2026
  3. Blockscout (3-of-4 Safe owning the ERA contract), 1 Nov 2026
  4. CoinMarketCap AI updates (Caldera), Oct 2026
  5. GoPlus token security (Ethereum), 1 Nov 2026
  6. tokenomics.com (Caldera unlocks), Oct 2026
  7. DefiLlama fees, 31 Oct 2026
  8. The Block (ERA token), Jul 2025
  9. CoinMarketCap, 31 Oct 2026
  10. Tokenomist (Caldera), Oct 2026
  11. Bank of Canada USD/CAD rate, 31 Oct 2025
  12. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included

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$.