Caldera
ERA#1235 by market capQualifies for a record and its pages are captured daily, but the record has not been written yet.
Caldera is for rollups-as-a-service (raas). We have not written its record yet, so its promises are not checked. It trades at $0.0581, #1190 of all coins by size, 97% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. +357% to match its rivals. 1 reason to be careful.
Is it real?
Reasons to be careful:Half the supply still to come
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3 of 4
- ✓A real-world jobReal-world purpose: rollups-as-a-service (raas)
- ✓Real backingBacking: trades on Coinbase, Binance, Bybit
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $10.16M, 6 times smaller than Espresso, the biggest coin within reach doing the same thing (Rollups-as-a-Service (RaaS))
Listed on 5 big exchanges
- Origin17 July 2025about about 14 monthscaldera.xyz, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingNo named investorListed on Coinbase, Binance, Bybit, KuCoin
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
To be worth what the typical coin in Rollups-as-a-Service (RaaS) is worth ($46.4M), its price would need to rise 357%, to about $0.2654. To match the leader, Espresso, 473%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- No named investor among its tags
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
Rollups-as-a-service (raas)
5 coins tagged Rollups-as-a-Service (RaaS), worth $170.47M together. #4 of 5 by worth.
Rollups-as-a-Service (RaaS): this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
Caldera$10.16Mthis coin−1.3%17% outno record
Espresso$58.21M5.7× bigger, +$48.05M−1.7%, gap −0.4no maxno record
AltLayer$46.4M4.6× bigger, +$36.24M−2.6%, gap −1.371% outno record
Ankr Network$46.4M4.6× bigger, +$36.24M+0.6%, gap +1.9100% outno record
Dymension$9.31M1.1× smaller, −$854.36K−1.7%, gap −0.3no maxno record
Rollups-as-a-Service (RaaS): this coin next to Espresso, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- Caldera says
- Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups.
- Espresso says
- Espresso is a global confirmation layer that provides L2 chains with fast, reliable transaction confirmations backed by BFT consensus.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Instead of optimizing a single blockchain, Caldera allows projects to launch customizable rollups while maintaining Ethereum's security and decentralization.
Problem it says it solves: rollups-as-a-service (raas). 5 coins are working on it and together they are worth $170,468,602. This coin is 6% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
1 reason to be careful
- Half the supply still to come83% of the maximum supply is still to come
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Rollups-as-a-Service (RaaS): this coin next to the group's largest, Espresso.
| Caldera | Espresso | |
|---|---|---|
| Years trading | 1 year | 7 months |
| Major exchanges | 5 | 3 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 3 |
| Promises delivered | no record | no record |
What it says is different: Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. Instead of optimizing a single blockchain, Caldera allows projects to launch customizable rollups while…
It is 17.5% the size of Espresso. On the facts above it is behind on headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $1.88 on 17 July 2025. Today is 3% of that.
17%
of all ERA that will ever exist is already out in public hands: 174.75M coins.
83% (825.25M coins) is already created but not in public hands, held by the project or locked in escrow. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Its pages do not say what holding it gets you
That is worth knowing before buying. A coin nobody needs is priced on hope.
- Nothing the project's own pages spell out.
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 174.75M of 1B.
- 825.25Mcoins still to be released, 83% of the maximum. Releases can add selling pressure.
- 5.7×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $1.88 on 17 July 2025. That is −96.9% from the top.
- #1190by market cap, $10,159,543.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Qualifies for a record and its pages are captured daily, but the record has not been written yet.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy