PHERA is a decentralized exchange and token launchpad deployed on Robinhood Chain, an EVM-compatible Ethereum Layer-2 built on the Arbitrum Orbit stack. The protocol has three components: PheraDEX, a concentrated-liquidity market maker (CLMM); a token launchpad where new tokens…
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What HEY knows
Development
Not measured· Builder sources stopped answering
HEY cannot read this project’s building: its builder source stopped answering on 18 Oct 2026.
HEY holds no repository, changelog or feed it can read, so no count here is a measured zero.Evidence →
Same ticker, different contract: 1 other published project uses the ticker $PHERA. This page: its site phera.pro names 0x9d4a…9999. phera by Virtuals: its site pheradex.site does not name 0xf944…e53d. HEY does not say which is the real one — only what each project’s own sources name.
Follow puts PHERA on your private watchlist; its changes then lead “Since you were last here” when you come back. Following needs an account; browsing never does.
Fact1 of 1 watched contract active · 5 calls in 7 days — all token transfers and approvals (ERC-20), which trading alone produces; none reached another function HEY watches.
Counted from the chain. Usage says the contracts are used, not that anyone is building.
Phera DEX: TVL $283 · fees 24h not tracked · revenue 24h not tracked (DefiLlama, 2026-11-15); +1 more protocol. Registry context, not a measure of building.
Contracts
Fact2 contracts on record for code changes, 2 with published source code; latest change on 2026-09-07: Deployed a new contract: LiquidityLock.Source
Not yet known
Unknown4 gaps: Repositories (no source), Releases (source unavailable), API description (no source), Protocol economics (no source). No repository the project claims as its own.
HEY cannot read this project’s building: its builder source stopped answering on 18 Oct 2026. No counted ship is dated since, so after 21 days the status is unknown, not dormant; the ships HEY counted before stay on the timeline.
SourceThe repositories, changelogs and feeds HEY read for this project, every one now unavailable, and the ship events recorded from them before.ReadRecordsDeployed a new contract: LiquidityLockWhat HEY derivedHEY’s activity rule reads the counted events as “Not measured — builder sources stopped answering”.Not concludedIt says what HEY can read of the building, not how good the project is, who is behind it, or what its token will do. Quiet or unknown is not "abandoned".
Project names this contract.
Project names this contract: the project's own site, a deploy record in its own repository, or an on-chain signature names this contract — the project’s own site names it in its own script.
SourceThe project's own published sources and HEY's check of the contract.ReadWhat HEY derivedProject names this contract: the project’s own site names it in its own script.Not concludedIt says whether the project itself names this contract. It is not a safety check, and a token is not the project.
Trading inactive.
Trading inactive: the only pool is the launch pool holding the token’s own supply, and nothing traded in it in the last day.
Source7 readings from HEY's own market tables.ReadWhat HEY derivedHEY’s market rule reads this token’s market as “Trading inactive”.Not concludedMarket status is context only. It never changes activity status or Build Momentum, and it is not a view on the price.
Discovery Gap: Not measured — see market.
Not measured — see market: the tracked token has no live market, so it has no market-attention percentile.
SourceThe score row: the Build Momentum percentile and the market-attention percentile, both taken over the projects with a market reading.ReadWhat HEY derivedNot measured — see market.Not concludedIt compares building with market attention; it is not a prediction and not a reason to trade.
Build Momentum not measurable.
HEY holds no public repository, changelog or feed it can read building from, so there is nothing to measure yet.
Research coverage: HEY cannot answer whether anyone is building this yet (building activity: source unavailable); it can answer 13 of the 18 research questions that apply.
13 of 18 applicable dimensions measured.
Identity
IdentityMeasured
Building
Building activitySource unavailableEvery builder source HEY holds has stopped answering.
RepositoriesNo sourceNo repository the project claims as its own.
ReleasesSource unavailableEvery builder source HEY holds has stopped answering.
TimelineMeasured
Official site
Official docsMeasuredRead 5h ago.
API descriptionNo sourceIts website links no API description.
Official site changesMeasuredRead 6h ago.
Contracts
Contract creationMeasuredRead 2d ago.
Contract activityMeasuredRead yesterday.
Published source codeMeasuredRead 19h ago.
Contract interfaceMeasuredRead 19h ago.
Market
Current marketMeasuredRead 35m ago.
Market historyMeasuredRead today.
Supply distributionMeasuredRead 11d ago.
LocksMeasuredRead 6m ago.
Market checksMeasured
Protocol economics
Protocol economicsNo sourceDefiLlama lists the protocol but tracks no fees, revenue or volume for it.
Not applicable here: Repository details, Published packages, Package advisories.
A count of what HEY has read, never a score: projects are not compared or ordered by it. Unknown is never zero. The same states: coverage API.
Market figures are context only and never change activity status. Methodology
Why it matters: The first contract deployment HEY has recorded for this project.
The account that launched PHERA’s token deployed LiquidityLock at 0xe1cd…7065 on 2026-09-07. Read from the chain; the creating transaction is the evidence.
Record ship:bc795708… · HEY counts it as building; it does not judge the release’s quality or what it means for the token.
26 changes on HEY’s record for PHERA: 1 new Verified Builder or owner proof · 1 contract in use again or for the first time · 1 token check change · 1 contract change · 22 other changes in 1 more kind.
NewToken check
Token check: now “Project names this contract” (was “Not named by the project”)
The full change record holds 9 more, of kinds this list leaves out — new locks, unlock reminders and HEY’s own research bookkeeping among them. Full record (JSON)
The token’s market, checks, locks and stamps below are context only: none of it changes activity status or Build Momentum.
Contract 0x9D4A92aA4Cd18C75316070bf60c34de1CAB99999 on Robinhood Chain
Project names this contract: The project’s own site names this contract in one of its own script files.
Market context
Trading inactive: HEY holds a valuation and does not publish it while the market is not live.
Token
Launch stage
Trading in a DEX pool
Pair age
2mo ago
Market
Valuation
Withheld — see market
Liquidity
Not a market readingGeckoTerminal, 13h ago
The pool reports its liquidity as the token’s own supply at its last price, and recorded no trades in the last 24 hours. HEY does not read that reserve as liquidity.
Liquidity is 83% below the level it held two days running ($9.5K, 2026-09-26).
Market
Trading inactive
Last day with trading
2026-11-14
Liquidity is under 25% of the level it held, on two consecutive daily readings to 2026-11-15.
From HEY’s own daily readings of the token’s pools and its decoded on-chain trades, and the locker’s record · checked 2026-11-15 12:55 UTC · How HEY checks this
HEY keeps these on record as context. None counts toward the activity status or Build Momentum; each says why.
New contractDeployed a new contract: 0xb18a…2ed62026-08-26Recorded, not counted: it was deployed within 24 hours of the token’s own creation, so it is part of the launch, not building after it.
New contractDeployed a new contract: 0x53d9…ef022026-08-26Recorded, not counted: it was deployed within 24 hours of the token’s own creation, so it is part of the launch, not building after it.
Questions HEY can answer about PHERA — as of 15 Nov
Show the answers
Is PHERA still being built?
UnknownNot measured — builder sources stopped answering: HEY holds no repository, changelog or feed it can read, so no count here is a measured zero.Evidence →
What did PHERA ship last?
FactDeployed a new contract: LiquidityLock — New contract, on 2026-09-07.Evidence →
Is 0x9D4A92aA4Cd18C75316070bf60c34de1CAB99999 PHERA’s own contract?
FactProject names this contract: The project’s own site names this contract.Details →
What does HEY not know about PHERA?
Unknown5 gaps: Building activity (source unavailable), Repositories (no source), Releases (source unavailable), +2 more. Every builder source HEY holds has stopped answering.
Token Passport
No partner protocol has stamped this token in what HEY reads yet.
Each stamp is a fact HEY reads on chain or from the partner’s public data. It changes no status, Build Momentum, Discovery Gap, Radar, badge or order, and nobody pays for one. What a stamp is
Posts by @PheraProtocol, as HEY last read them. Context only: a post is never counted as building and never sets the activity status.
2026-10-21Build a Telegram trading bot on top of PHERA. With the PHERA SDK, developers can integrate swaps, quotes, market data and launchpad functionality directly into their own Telegram experience. Your bot. Your interface. PHERA infrastructure underneath. Build where traders already a…
2026-10-16Build your own launchpad on Robinhood Chain. With the PHERA SDK, builders can plug directly into PHERA infrastructure and create their own launch experience on top of the protocol. - Your brand. - Your frontend. - Your community. The factory is open.
2026-10-10Build on PHERA: The PHERA SDK is a TypeScript toolkit for building applications on top of the protocol, trading bots, launch tooling, portfolio products, terminals. It is published and public: npm install @ phera/sdk viem, MIT, no registration and no API key. Read the SDK docume…
2026-10-05Protocol mechanics: Custody guarantees Graduation liquidity is locked forever. The custody contract holds no primitive capable of transferring a token or a position, no withdrawal, no rescue, no admin path, for anyone including PHERA. Anyone may permissionlessly compound the loc…
2026-10-02Protocol mechanics: Graduation The buy that crosses the target triggers graduation inside the same transaction: curve trading closes, the pool is created and initialized at the curve's final price, and the seed positions are minted directly into permanent custody. There is no mi…