PHA shows modest supply discipline and moderate market structure, but the core usage and moat evidence remains absent
Not rated. Not rated: no numeric rating is currently published for this asset.
| Status | Rated rank | Price | Market cap |
|---|---|---|---|
| Not rated | Not included in rated rankings | $0.0365 | $31.4M |
Data as of Oct 17, 2026 — scores are re-evaluated daily. This page refreshes automatically from the published record.
Phala Network (PHA) is presented as an execution layer for Web3 AI, designed to connect AI agents with blockchain applications and smart contracts. Its stated purpose is to support decentralized AI applications whose behavior can align with defined intentions and interact with on-chain logic. Phala describes an AI Agent Contract for creating agents through natural-language and programming interfaces, connecting them with other cross-chain agents, and establishing token-based ownership models. The network’s described architecture combines blockchain with trusted execution environments (TEEs), with features including decentralized hosting, smart-contract governance, protected prompts, and low-latency operation without gas fees for agents. Its ecosystem includes AI Agent Contract, Agent Wars, and Redpill, which are described as tools or platforms for building, interacting with, coordinating, and monetizing AI agents. CoinGecko categorizes Phala across AI, infrastructure, smart contracts, oracles, interoperability, and Layer 2.
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PHALA remains tracked and discoverable while no numeric rating is currently published. Grade thresholds and hard exclusion gates apply to published ratings.
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