About Berachain
Berachain is a high-performance EVM-Identical Layer 1 blockchain utilizing Proof-of-Liquidity (PoL), and built on top of the modular EVM-focused consensus client framework BeaconKit. BERA is the native gas token of the Berachain network. BERA can be used to run a validator on Berachain and pay for gas fees on the network.
Buy Berachain
Trading Insights
Buyer Ratio
Traders
67
-40.71%
Buyers
35
-36.36%
Sellers
35
-46.15%
Searched
150
Market Stats
Market Cap
£249.03M
FDV
£1.00B
Circ. Supply
126M BERA
Max Supply
Not enough data
Total Supply
509M BERA
Performance
Popularity
#161
Dominance
0.01%
Volume (24H)
£43.81M
-7.7%
Volume (7D)
£618.44M
Volume (30D)
£1.12B
All time high
£6.77
Price Change (1Y)
-82.01%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of Berachain has increased by 1.47% in the last hour and increased by 3.29% in the past 24 hours. Berachain’s price has also risen by 8.73% in the past week. The current price is £1.96 per BERA with a 24-hour trading volume of £43.81M. Currently, Berachain is valued at 71.09% below its all time high of £6.77. This all-time high was the highest price paid for Berachain since its launch.
The current circulating supply of Berachain is 126,213,077.832 BERA which means that Berachain has as total market cap of £249,032,068.25.
Market details
BERA vs markets
↘ 90.33%
BERA vs BTC
↘ 90.12%
BERA vs ETH
↘ 89.62%
Tags
layer-1
binance-hodler-airdrops
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Berachain | NA |
Price history
Time | Price | Change |
|---|---|---|
Today | £1.96 | ↗ 3.29% |
1 Day | £1.91 | ↗ 3.29% |
1 Week | £1.81 | ↗ 8.73% |
1 Month | £1.70 | ↗ 16.05% |
1 Year | £11.85 | ↘ 82.01% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Berachain is an EVM layer 1 blockchain powered by proof-of-liquidity, a variant of delegated PoS which allows for liquidity across Berachain to enhance economic incentives for block production network validators. The BERA token is used for paying gas fees and for validator staking. The chain will have native DeFi primitives built-in such as a native DEX and lending market.
BERA is the native cryptocurrency of the Berachain network. It serves multiple roles within the ecosystem, including securing the network through staking and facilitating governance decisions. Validators stake BERA tokens to secure the network and receive BGT rewards, which they can direct to application reward vaults in exchange for protocol incentives. This system allows chain rewards to scale with actual demand for economic security and chain liquidity.
Operating on a Proof-of-Liquidity consensus mechanism, Berachain requires validators to stake BERA tokens to secure the network. In return, they receive BGT rewards, which can be allocated to application reward vaults in exchange for protocol incentives. This approach aligns chain rewards with the actual demand for economic security and liquidity within the network.
BERA serves several functions within the Berachain ecosystem. It plays a key role in network security, as validators stake BERA tokens to maintain the integrity of the blockchain. Governance within the network is facilitated by BERA holders, who can participate in decision-making processes and influence protocol upgrades. Additionally, users are incentivized to provide liquidity to the ecosystem, enhancing the overall functionality and efficiency of the platform.
Berachain originated as an NFT project called Bong Bears in August 2021. Over time, it transitioned into a layer-one blockchain platform with the introduction of the BERA token. The project was co-founded by individuals using the pseudonyms Smokey the Bera, Homme Bera, and Dev Bear.
We update our Berachain to GBP currency in real-time. Get the live price of Berachain on Coinbase.
The current market cap of Berachain is £249.03M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Berachain is £6.77. This all-time high is highest price paid for Berachain since it was launched.
Over the last 24 hours, the trading volume of Berachain is £43.81M.
Assets that have a similar market cap to Berachain include Terra, Snek, JUST, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Berachain is 126 million.
Berachain ranks 316 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, Berachain is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Berachain guide.
Social stats
Popularity in posts
#3986
Contributors
18
Posts
26
% About Berachain
0.002%
Hold times
0 days
X (Twitter)
57.79% bullish
Sentiment
4.2 ★
Highlights
18 unique individuals are talking about Berachain and it is ranked #3,986 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Berachain has an average sentiment score of 83 out of 5. Finally, Berachain is becoming less newsworthy, with 0 news articles published about Berachain.
On Twitter, people are mostly bullish about Berachain. There were 59.61% of tweets with bullish sentiment compared to 3.15% of tweets with a bearish sentiment about Berachain. 40.39% of tweets were neutral about Berachain. These sentiments are based on 26 tweets.
On Reddit, Berachain was mentioned in 0 Reddit posts and there were 0 comments about Berachain. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.