Kairo Trade

Phala (PHA) — price, funding and open interest

PHA/USDT perpetual on Binance · Bitget · Bybit · BingX · KuCoin · MEXC · Gate · HTX · Kraken: price 0.048760, 24h turnover $67.0M. Updated in real time.

0.048760
-2.26% · 24 hours

What this is

Network infrastructure

Phala sells computation that runs inside a protected area of the processor: the customer gets the result while the operator sees neither the data nor the code.

Chart

Chart built from data of Bybit

What the data shows

PHA trades at 0.048760. Over 365 days it ranged between 0.019170 and 0.1065; the price now sits in the lower third of that range — 33% of the way from the yearly low to the high.

All-time high is 0.5924 (December 2024); the price is 92% below it now.

24-hour turnover is $67.0M — the 100th percentile for the year: noticeably busier than usual.

The daily range is 27.8% and five-minute NATR is 1.30%. That range is in the 96th percentile for the year — an unusually wide day.

Open positions in PHA are worth $11.3M. Over the past hour open interest fell by 2.55%. That is the 87th percentile over three weeks: more positions are open than usual.

Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 25th percentile for the month.

Over the day -2.26%, over the hour -1.91%, over the last five minutes +0.35% — the move has only just started.

PHA correlation with Bitcoin over 24 hours is 0.27 — it goes its own way, barely looking at Bitcoin.

Traded on 9 venues: Binance, Bitget, Bybit, BingX, KuCoin, MEXC, Gate, HTX, Kraken — the price is cross-checked across several sources.

By turnover it ranks 130 of 2015 instruments in the screener.

By daily range it ranks 137 of 2015.

NATR is 0.38% on the minute and 2.65% on the hour — the move is even, without sharp excursions inside the hour.

Built from current numbers and the coin's own year of history. Updates with the data.

How PHA behaved before

Tracked since May 2024 — 28 full months, and falling ones prevail: 18 of 28. Median month -13.9%.

Best month — December 2024: +125.4%. Worst — January 2025: -48.6%.

Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.

Our observations

Kairo

Right now PHA is within its usual range: volume, funding and open interest are all unremarkable.

Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.

What we noticed earlier

Open chartAll coinsTrades on: Binance · Bitget · Bybit · BingX · KuCoin · MEXC · Gate · HTX · Kraken
If I had bought PHA…Pick an amount and a date — we compute from minute history what it would be worth now and the annualised return.

Similar instruments

From the same group — network infrastructure. They open the same way, with a chart and a breakdown.

Price and movement

Price0.048760
Change, 5 minutes+0.35%
Change, 15 minutes+0.95%
Change, 1 hour-1.91%
Change, 24 hours-2.26%

Turnover and activity

24h turnover$67.0M
24h range27.8%
NATR 5m1.30%
5m volume surge×0.6
Correlation to BTC0.27

Futures metrics

Binance funding+0.0050%
Bybit funding+0.0050%
Rate rank over 30 days25
Open interest$11.3M
OI change over 1h-2.55%
OI rank over 20 days87

How to read this

Open interest by exchange

Market-wide OI →$11.3M

How much money sits in open positions on each venue. The total spans every exchange listing the contract.

Binance$4.5M39.6%
Bybit$1.7M15.3%
BingX$1.5M13.0%
MEXC$1.4M12.1%
Bitget$1.3M11.8%
KuCoin$516K4.6%
Gate$417K3.7%

Trades and volume

trade flow from futures exchanges

News

Headlines and summaries from publishers. Full texts stay with the sources.

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