Caldera vs Fluid — how do they compare? Caldera trades at Rp1,136 (market cap Rp168,47M, Rp51,2M 24h volume), while Fluid trades at Rp20,542 (market cap Rp1,71T, Rp22,42M 24h volume). The key difference: Fluid is far larger — about 10150.2× Caldera's market cap, and Caldera's supply is capped (148,5M / 1B ERA (15%)) while Fluid's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Caldera for 12 Days and Fluid for 9 Days on average.
| ERA | FLUID | |
|---|---|---|
Market Cap | Rp168,47M | Rp1,71T |
Volume (24h) | Rp51,2M | Rp22,42M |
Circulating Supply | 148,5M / 1B ERA (15%) | 83,7M FLUID |
Typical Hold Time | 12 Days | 9 Days |
What Pluang investors did over the last 30 days
Caldera is a rollup platform on Ethereum that enables horizontal scaling and interoperability between rollups. It allows projects to launch customizable rollups while maintaining Ethereum’s security and decentralization.
Read more on ERA →Fluid Protocol (formerly known as Instadapp) is a next-generation DeFi platform that reDeFined capital efficiency through its seamless integration of smart collateral management, innovative Vault borrowing, and an embedded DEX. Recently rebranded to align with its vision of being the “Liquidity Layer of DeFi,” Fluid is launching a strategic growth initiative powered by restructured tokenomics, algorithmic buybacks, and a one-time allocation from its treasury to fuel expansion. With a smooth 1:1 token migration from INST to FLUID and zero dilution for holders, the protocol is poised to scale rapidly. Fluid aims to become the leading DEX on Ethereum by volume and achieve a market footprint of $10 billion.
Read more on FLUID →