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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| PHA | -84.77% | -95.14% | -45.39% | -65% |
| S&P | +11.92% | +74.84% | +11.82% | +105% |
Phala Network (PHA) is a privacy-focused computing protocol on the Substrate framework, aspiring to join the Polkadot network as a parachain. Initiated by Marvin Tong and his team, it emphasizes secure data processing without external visibility. The native token, $PHA, plays roles in staking, governance, and as an internal payment mechanism.
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