CoinEx News: ERA traded near $0.109 on July 21, up 75.8% in 24 hours; CoinGlass showed $116.4 million in futures volume, $23.3 million in open interest, and about $481,800 in liquidations, versus a circulating market value around $16 million. Caldera is a service for launching customizable app-specific chains, while its Metalayer connects liquidity and users across them; on July 13, it added Robinhood Chain settlement support and said the network had passed $4 billion in first-week volume, followed by fresh LitVM and Horizen promotion.

Futures turnover above both open interest and market value shows heavy short-term trading, so users should watch whether spot demand persists and note that only 148.5 million of 1 billion ERA is circulating.