Gala 

GALA Price

What is Gala (GALA) crypto?

Gala (GALA) is the utility token of the Gala Games blockchain gaming and NFT ecosystem. GALA serves as the primary medium of exchange across Gala products, including GalaSwap and GalaConnect for swaps and cross-chain bridging. Gala launched on Ethereum with a token generation event on September 12, 2020. GALA is an ERC-20 token. The Gala ecosystem spans blockchain games, NFTs, and a self-sovereign social platform called Rep.run. DropsTab classifies GALA under Gaming and NFT.

Is GALA a coin or a token, and how does it relate to GalaChain?

GALA is a token: an ERC-20 asset issued on Ethereum, not a coin with its own base chain. GalaChain is a separate layer-1 blockchain built for the Gala entertainment ecosystem. GALA and GalaChain are related but distinct instruments. GALA is the Ethereum-native utility token, while GalaChain is the newer dedicated network. GALA contracts are tracked on Ethereum and Pulsechain, each verifiable on its own block explorer. GALA also pays for node operation within the ecosystem.

What is GALA's maximum supply?

GALA has a maximum supply capped at roughly 51.17 billion tokens, per DropsTab data. Total supply sits almost at that cap, making GALA effectively fully diluted. GALA emission follows a long daily-release schedule that began at the 2020 token generation event. Because distribution started in 2020 and the token now sits near its cap, forward inflation pressure on GALA is limited compared with its early-emission years.

How does GALA's vesting schedule affect GALA holders?

GALA's entire supply vests through five Founder's Node Distribution tranches that sum to 100%. The Year 1 tranche is the largest at 50.01% of total supply, per DropsTab data, followed by Year 2 at 24.98% and Year 3 at 8.43%. Two post-burn tranches cover the remaining 16.58%. Because the heaviest unlocking happened in the earliest years after the 2020 start, concentrated sell pressure from scheduled unlocks has largely passed for GALA.

Who invested in Gala?

Two funding rounds are recorded for Gala. YZi Labs (formerly Binance Labs) led a round on July 1, 2021, tied to the Binance Smart Chain accelerator. DWF Labs joined through a strategic partnership on November 9, 2023, aimed at growing the GalaChain layer-1 ecosystem. DropsTab records $100 million for the 2021 round, though public reporting frames that figure as the size of the Binance Smart Chain accelerator fund rather than a confirmed Gala-specific raise.

What does Gala's backing by DWF Labs and YZi Labs signal?

Gala's backing comes from two Tier 1 investors: YZi Labs (formerly Binance Labs) and DWF Labs. The 2021 involvement of YZi Labs connected Gala to the Binance Smart Chain accelerator early in the project's growth. The 2023 DWF Labs partnership targeted expansion of the GalaChain layer-1 network. No single investor is reported holding a concentrated supply share above 20%, which lowers the risk of large investor-driven sell events for GALA.

Where is GALA traded?

GALA trades across 40+ venues spanning centralized exchanges (CEX), decentralized exchanges (DEX), and derivatives markets. Spot liquidity sits on Binance, OKX, Bybit, KuCoin, Kraken, and Gate, with GALA/USDT as the primary pair. Perpetual futures trade on Binance Futures, Bybit, Hyperliquid, and Kraken Futures. On-chain, GALA trades on Uniswap v3 and v4 against WETH, USDT, and USDC. Deep CEX coverage plus active perpetual markets point to strong liquidity for GALA.