What Is Berachain?
Berachain is a Layer 1 blockchain that introduces Proof-of-Liquidity (PoL), a novel consensus mechanism designed to solve one of decentralized finance's most persistent problems: the misalignment between network security and ecosystem liquidity. In traditional Proof-of-Stake (PoS) chains, tokens staked for security are locked away and cannot simultaneously provide DeFi liquidity. Berachain's PoL mechanism resolves this by making liquidity provision the path to earning network reward emissions, effectively channeling incentives toward productive DeFi liquidity while maintaining network security.
- Overview - Table of Contents
- What Is Berachain?
- Getting Started With Berachain
- How To Get A Berachain Wallet?
- Berachain Resources
- How To Buy Berachain?
- Latest Berachain News
Berachain launched its mainnet on February 6, 2025, accompanied by a BERA token airdrop valued at approximately $1.17 billion at peak prices. The project originated from a community of NFT holders (the "Bong Bears" collection) and evolved into one of the most anticipated blockchain launches of 2025, attracting $3.1 billion in liquidity through its pre-launch liquidity platform called Boyco. This made Berachain the 8th largest chain by total value locked (TVL) before its mainnet even went live, demonstrating extraordinary ecosystem interest.
The technical foundation of Berachain is built on BeaconKit, an open-source modular consensus layer specifically designed for EVM-based networks. BeaconKit separates the consensus layer from the execution layer, enabling Berachain to achieve EVM-identical compatibility rather than mere EVM-equivalence. This means that any smart contract, development tool, or infrastructure built for Ethereum works on Berachain without modification. Developers can deploy existing Solidity contracts, use familiar tools like Hardhat, Foundry, and MetaMask, and leverage the entire Ethereum ecosystem's tooling without any changes. The execution environment runs on top of CometBFT (Tendermint) consensus, providing fast finality with block times of approximately one second.
Berachain's economic design centers on BERA and HONEY, with Proof-of-Liquidity emissions denominated in wrapped BERA (WBERA):
- BERA is the native gas token used for transaction fees and validator staking. Validators must stake BERA to enter the active set and propose blocks, and staking BERA is how users earn network yield. BERA is freely transferable and tradeable.
- WBERA and sWBERA are the tokens that carry Proof-of-Liquidity rewards. WBERA is wrapped BERA (redeemable 1:1) that all PoL emissions are paid in. sWBERA (staked WBERA) is a yield-bearing token that represents a staked BERA position and auto-compounds the yield accruing to stakers.
- HONEY is Berachain's native stablecoin, soft-pegged to the US dollar and fully collateralized by a basket of assets (USDC, BYUSD, USDT0, and USDe). It provides a stable medium of exchange and unit of account within the ecosystem, usable for trading, lending, and payments across Berachain's DeFi protocols. HONEY operates independently of the Proof-of-Liquidity reward system.
An earlier governance token, BGT, has been deprecated under Berachain's "PoL Next" upgrade. BGT no longer influences validator reward weight, block rewards, or governance. Holders can redeem legacy BGT for BERA through the Berachain Hub and stake it as sWBERA to keep earning yield.
The Proof-of-Liquidity mechanism works through a cycle of incentive alignment. Validators enter the active set based on staked BERA (the top 69 validators by staked BERA, with a minimum of 250,000 and a maximum of 10,000,000 BERA each), and a validator's probability of proposing a block is proportional to its staked BERA. Emissions are paid in WBERA at fixed per-block rates: a base reward of 0.4 WBERA goes to the block-proposing validator's operator, and up to 1.305 WBERA per block is routed to Reward Vaults through the BeraChef allocation system. Users provide liquidity to approved protocols to earn WBERA incentives from these vaults, while BERA stakers earn auto-compounding yield through sWBERA. The result is a system where liquidity, staking rewards, and network security are all interconnected.
Directing emissions to Reward Vaults creates a marketplace: DeFi protocols compete for WBERA emissions by attracting liquidity and offering incentives, so protocols that want emissions flowing their way must draw real usage rather than relying on speculative token holding. This ties the network's reward flow to genuine DeFi activity rather than to capital that simply sits idle.
Berachain's native DeFi infrastructure includes BEX (Berachain Exchange, the native DEX, built on a Balancer V2-style architecture) and Bend (a Morpho-based lending and borrowing protocol). These native applications are deeply integrated with the PoL mechanism and serve as primary venues for earning WBERA rewards. Third-party protocols can also integrate with the PoL system by applying for approved Reward Vaults.
Getting Started With Berachain
Getting started with Berachain is straightforward for anyone familiar with Ethereum-based networks:
- Step 1: Add Berachain to your MetaMask or preferred EVM wallet. The network details are: Chain ID 80094, RPC URL from the official docs, and BERA as the native currency.
- Step 2: Acquire BERA tokens from a supported exchange (Binance, OKX, Bybit, or others) and withdraw to your Berachain address.
- Step 3: Bridge assets to Berachain if needed using official or approved bridges from Ethereum and other EVM chains.
- Step 4: Provide liquidity on BEX (the native DEX) or other approved protocols to start earning WBERA rewards from Proof-of-Liquidity Reward Vaults.
- Step 5: Stake BERA to receive sWBERA and earn auto-compounding network yield, and monitor your Reward Vault incentives by continuing to provide liquidity.
For validators, running a Berachain node requires staking BERA to enter the top-69 active set. Validators set their emission policies (which Reward Vaults receive WBERA through BeraChef) and can offer incentives to attract liquidity to the vaults they support.
How to Get a Berachain Wallet?
Because Berachain is EVM-identical, any Ethereum-compatible wallet works natively with the network:
MetaMask
MetaMask is the most popular choice for Berachain. Simply add the Berachain network (mainnet chain ID: 80094) to your MetaMask configuration. All Berachain dApps support MetaMask connections, and your existing Ethereum address works on Berachain.
Rabby Wallet
Rabby is a multi-chain DeFi wallet that automatically detects and connects to Berachain. It offers a superior DeFi experience with transaction previews, risk alerts, and automatic chain switching when interacting with Berachain dApps.
Ledger Hardware Wallet
Ledger hardware wallets support Berachain through their Ethereum app, since Berachain uses the same address format and transaction signing as Ethereum. Connect Ledger with MetaMask or Rabby for hardware-secured interactions with Berachain DeFi.
Coinbase Wallet
Coinbase Wallet (the self-custody wallet) supports EVM chains including Berachain. It provides a mobile-friendly interface for managing BERA and interacting with the Berachain ecosystem.
Berachain Resources
- Berachain Official Website
- Berachain GitHub
- Berachain Documentation
- BeaconKit (Consensus Framework)
- Berascan Block Explorer
- Berachain on X
- Berachain Reddit
- Berachain Discord
How to Buy Berachain?
BERA tokens are available on multiple exchanges following the mainnet launch:
Centralized Exchanges
BERA is listed on major centralized exchanges including Binance, OKX, Bybit, KuCoin, and Gate.io. Most exchanges offer BERA/USDT trading pairs. Binance listed BERA on the day of mainnet launch. When withdrawing, select the Berachain network to receive native BERA tokens directly on the chain.
Decentralized Exchanges
On Berachain itself, BEX (Berachain Exchange) is the native DEX where you can swap between BERA, HONEY, and other tokens in the ecosystem. If you already have assets on Berachain, BEX provides the most direct trading experience. BERA may also be available on multi-chain DEX aggregators that support the Berachain network.
Note that Proof-of-Liquidity rewards (WBERA) are not bought on an exchange; they are earned by providing liquidity to approved protocols on Berachain, while staked BERA yield accrues through sWBERA. Earning network rewards through productive on-chain activity rather than direct purchase is a fundamental aspect of the Proof-of-Liquidity design.
Latest Berachain News
Berachain's mainnet launch on February 6, 2025 was one of the most anticipated blockchain events of the year. The launch included a massive BERA airdrop to community participants, testnet users, and NFT holders, with the total value of distributed tokens reaching $1.17 billion at peak prices. The chain attracted over $3.1 billion in pre-launch liquidity through the Boyco platform, instantly making it one of the largest chains by TVL. The BERA token reached a market capitalization of over $1 billion shortly after launch, reflecting strong market interest in the Proof-of-Liquidity concept.
Since launch, Berachain has substantially reworked its Proof-of-Liquidity model. The "PoL Next" upgrade consolidated the reward system around WBERA emissions and sWBERA staking and deprecated the original BGT governance token, which no longer influences validator rewards or governance. Under the current design, validators enter the active set by staking BERA, block-proposal probability scales with staked BERA, and WBERA emissions flow to Reward Vaults that attract on-chain liquidity.
These changes shifted Berachain away from its initial BGT-centric flywheel toward a simpler model in which staking yield and liquidity incentives are both denominated in BERA and WBERA. The launch-era figures above (the $1.17 billion airdrop, $3.1 billion in Boyco liquidity, and a top-ten TVL ranking before mainnet) reflect the bootstrapping phase rather than the network's current state, and BERA's market value has fallen sharply from its launch-day highs. Following the Proof-of-Liquidity overhaul, Berachain's focus is on sustainable protocol revenue and real DeFi utility rather than early token inflation.