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Phala Network drawdowns: every fall of 20% or more, and the recovery
Since 2021, Phala Network has fallen 20% or more from a record daily close 2 times. The deepest was −98%, from 15 Sep 2021 to 1 Aug 2026. Of the 1 that have fully recovered, the median took 64 days from the old record to a new one.
Record daily close$1.0715 Sep 2021
At the 14 Nov 2026 close−97%from the record · 1,886 days since
PHA price · last close$0.0286014 Nov 2026 close: $0.02860
Falls of 20% or more21 recovered · 1 still open
Every episode
| Record close | Price | Low | Price | Depth | Days to the low | Days to a new record |
|---|---|---|---|---|---|---|
| 15 Sep 2021 | $1.07 | 1 Aug 2026 | $0.01950 | −98% | 1,781 | not yet |
| 13 Jul 2021 | $0.9233 | 20 Jul 2021 | $0.6252 | −32% | 7 | 64 |
An episode starts at a record daily close and ends at the first close above it. Depth is measured at the lowest close in between. Daily closes, UTC, Binance spot; history starts 25 Jun 2021, so earlier records are not included.