Berachain 

BERA Price

What is the Berachain blockchain?

Berachain is an EVM-identical Layer-1 blockchain built around Proof-of-Liquidity, a consensus design that directs token emissions to DeFi liquidity providers. The network launched mainnet and its token generation event on February 6, 2025. BERA is the native coin used for gas and staking, and transaction fees paid in BERA are burned. The ecosystem includes BeraSwap, a native DEX, a native lending platform, and HONEY, an overcollateralized stablecoin. The team originated from the Bong Bears NFT collection.

How does Berachain's Proof-of-Liquidity work?

Proof-of-Liquidity is Berachain's modified proof-of-stake consensus. Validators on Berachain direct emissions of BGT, a non-transferable governance token, to reward vaults. Liquidity providers who deposit into these vaults earn BGT, so the capital backing network security stays deployed in DeFi at the same time. Berachain's documentation specifies roughly 5% of supply in annual PoL emissions, subject to governance.

What is the difference between BERA and BGT?

BERA and BGT are two separate tokens in the Berachain ecosystem. BERA is the transferable gas and staking coin: users pay transaction fees in BERA, and those fees are burned. BGT is the non-transferable governance token that Proof-of-Liquidity emits to liquidity providers. Validators direct BGT emissions to reward vaults, which gives BGT holders governance weight over where future emissions flow.

Who backed Berachain and how much did it raise?

Berachain raised approximately $211M across three rounds. Series A brought in $42M in April 2023, led by Polychain Capital at a $420.69M valuation. A $69M round followed on March 15, 2024 at a $1.5B valuation, led by Framework Ventures and Brevan Howard. The $100M Series B closed on April 12, 2024 with Samsung NEXT, HashKey Capital, Hack VC and Polychain among participants. Framework Ventures and Brevan Howard co-led two consecutive rounds, concentrating strategic influence with both funds.

What is Berachain's total BERA supply?

Berachain's total supply at genesis was 500,000,000 BERA, and the token carries no fixed maximum-supply cap. Per DropsTab data, the Investors allocation holds 34.3% of supply (171.5M BERA) and Ecosystem & R&D holds 20% (100M BERA). BERA is inflationary: roughly 5% of supply enters annually through PoL emissions, offset only partially by fee burning.

How does Berachain's vesting schedule affect BERA sell pressure?

Insider allocations concentrate Berachain's unlock risk. Investors (34.3% of supply) and Initial Core Contributors (16.8%) follow a 12-month cliff, then one-sixth unlocks at once, then 24 months of linear vesting. The investor cliff fell in February 2026, and the tranche continues vesting monthly into 2028. Per DropsTab vesting data, these overlapping insider unlocks stack on top of roughly 5% annual PoL emissions, creating sustained inflation and recurring sell pressure.

Did Berachain run an airdrop and can it still be claimed?

Berachain distributed 15.75% of total supply through an airdrop across eight eligibility buckets. Claims opened on February 6, 2025 at 13:00 UTC through an EVM wallet, and the claim window has since closed. Eligibility drew from testnet activity (8.25M BERA), a Binance airdrop (10M BERA), Boyco pre-deposits and NFT holdings. Boyco campaigns ran from December 2024 to January 2025 through Ethena, EtherFi, StakeStone and Lombard vaults, drawing roughly $3B in pre-launch deposits.

Where can you buy and trade BERA?

BERA trades as spot pairs on 30+ centralized exchanges, including Binance, Upbit, Coinbase, Kraken and OKX, with no DEX pairs tracked. Fiat access exists in USD, EUR, KRW and TRY. Perpetual futures trade on 10+ venues, among them Binance Futures, Bybit, Hyperliquid and Deribit. Broad centralized coverage across major fiat and stablecoin pairs keeps BERA liquidity deep.