PYR
$0.39

Vulcan Forged (PYR) Price

$0.39
1m
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15m
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Vulcan Forged (PYR) Price Today

The live price of Vulcan Forged is 0.39 USD. In the past 24 hours, the trading volume of Vulcan Forged was 23,445,839.25 USD, up by 22.01%. The current price has decreased by 4.60% from its 7-day high of 49.24 USD, and increased by 0.27% from its 7-day low of 0.27 USD. With a circulating supply of 50,000,000.00 Vulcan Forged, the market cap of Vulcan Forged is currently 24,677,571.00 USD, down by 0% in the last 24 hours. Vulcan Forged currently ranks #1203 by market capitalization among cryptocurrencies.

Vulcan Forged (PYR) Market Data

Market Cap
$9.2M
24h Volume
$23.4M
Circulating Supply
23.8M PYR
Maximum Supply
50M PYR
Fully Diluted Market Cap
$19.4M
Liquidity Indicator
252.14%
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About Vulcan Forged (PYR)

How can I buy Vulcan Forged (PYR)?

Buying Vulcan Forged (PYR) on BingX is simple and secure. Create an account, deposit USDT or another supported asset, and purchase Vulcan Forged (PYR) directly in the Spot Market. The tokens will then appear in your BingX Spot Wallet, ready for trading or transfer at anytime. Discover How to Buy PYR Guide for more information.

What Is Vulcan Forged (PYR) and How Does It Work?



Vulcan Forged (PYR) is a blockchain-based gaming and NFT ecosystem built around a suite of play-to-earn (P2E) games, a digital asset marketplace, and its own Layer-1 blockchain called Elysium. The platform aims to bring mainstream gamers and Web3 users together by offering immersive metaverse experiences, NFT ownership, and blockchain-powered gameplay. PYR is the native utility token that powers the entire Vulcan Forged ecosystem.

At its core, PYR is used for in-game transactions, NFT purchases, staking, and rewards across Vulcan Forged’s ecosystem of games, including titles like VulcanVerse, Berserk, and BlockBabies. Players use PYR to buy land, characters, and in-game assets, while developers use it to deploy and monetize games within the ecosystem. The token also plays a key role in governance, allowing holders to participate in ecosystem decisions.

Vulcan Forged operates on Elysium, its proprietary Layer-1 blockchain designed for fast, low-cost gaming transactions while maintaining Ethereum compatibility. By combining NFTs, DeFi mechanics, and play-to-earn gaming, Vulcan Forged aims to create a scalable Web3 gaming ecosystem where players truly own their assets and earn real value through gameplay.

When Did Vulcan Forged Launch?


Vulcan Forged traces its origins back to early 2021, when the project formally launched the PYR token and ecosystem as a blockchain gaming and NFT platform. The Vulcan Forged token generation event (TGE) for PYR occurred on April 14, 2021, marking the official debut of the token into the market following its initial sale in March 2021. The project is led by founder and CEO Jamie Thomson, headquartered in Athens, Greece, and has since grown into a multi-game Web3 ecosystem featuring titles like VulcanVerse and other NFT-enabled experiences.

Vulcan Forged Roadmap Highlights


- 2021: PYR token launch and ecosystem establishment.

- 2022–2023: Expansion of games and marketplace features; ecosystem growth and community building.

- 2025 Q3: VulcanVerse AI and land expansion with enhanced gameplay features.

- Nov 2025: Launch of Vulcan-X exchange with revenue-sharing for PYR stakers.

- Ongoing: Elysium blockchain upgrades, cross-chain interoperability, and ecosystem scaling.

What Is the PYR Token Utility?


The PYR token is the native utility token of the Vulcan Forged ecosystem, designed to power its Web3 gaming, NFT marketplace, and metaverse features. PYR is used to pay marketplace fees, stake in games like VulcanVerse to earn rewards, and upgrade in-game assets or virtual land within the ecosystem. It also functions as a play-to-earn reward token and can grant access to developer programs, launchpads, and other ecosystem incentives.

You can trade PYR on the BingX spot market by navigating to the PYR/USDT trading pair and placing a buy or sell order using your preferred order type - market, limit, etc.. Simply deposit funds like USDT into your BingX account, search for PYR, and execute your trade in the spot trading interface.

What Is Vulcan Forged Tokenomics?


The Vulcan Forged (PYR) token has a fixed maximum supply of 50,000,000 PYR, with the majority already in circulation, roughly 44–45 million PYR available on the market as of late 2025.

PYR Token Allocation


- Public Sale / ICO: 40% of total supply or 20 million PYR went to early supporters and the public.

- Reserve / Treasury: 35% or 17.5 million PYR held for future development and ecosystem growth.

- Staking Pool: 20% or 10 million PYR allocated for rewards to incentivize long-term holding and participation.

- Team Allocation: 5% or 2.5 million PYR reserved for the founding team and contributors, subject to vesting.

How to Stake PYR Tokens on Vulcan Forged


Staking PYR lets you earn rewards and unlock benefits within the ecosystem, most notably earning LAVA tokens in return for committing your PYR. One of the main ways to stake is through Elysium Forges: you connect your wallet, e.g., MetaMask, to the Elysium CloudWallet, switch to the Elysium network, select an Elysium Forge tier, choose how much PYR to lock and for how long, and then confirm the transaction. The longer and larger your stake, the higher your LAVA rewards can be.

Another form of staking involves VulcanVerse land, where players can “sow” land with a one-time activation step and then stake PYR within their land plots to level them up. Higher-level land yields greater staking rewards in PYR, or, as of newer ecosystem updates, contributes weight toward V-Drip reward distributions.

Some programs also exist where PYR is used to provide liquidity or participate in special staking campaigns tied to NFTs, game activities, or Vulcan Forged initiatives. Always ensure you follow the official platform steps and network, e.g., Elysium, for staking to avoid errors and check reward details before committing your tokens.

What Blockchain Network Does Vulcan Forged Operate on?


Vulcan Forged primarily operates on its own Elysium blockchain, a carbon-neutral Layer-1 network optimized for gaming, NFTs, and metaverse applications that offers fast, scalable, and low-fee transactions while staying compatible with Ethereum tooling. Originally, the PYR token was deployed on both Ethereum (ERC-20) and Polygon networks to leverage broader access and lower costs, but the ecosystem is increasingly shifting toward Elysium as its core infrastructure for settlement and utility.

How to Store PYR Tokens Securely


One of the easiest and safest ways to store PYR tokens is directly on BingX, where your assets are protected by enterprise-grade security systems, including cold wallet storage, multi-signature protection, and real-time risk monitoring. Keeping PYR on BingX also allows you to trade instantly, track prices, and access spot or futures markets without needing to move funds between wallets.

For users who prefer self-custody, PYR can also be stored in non-custodial wallets such as MetaMask or the Elysium Cloud Wallet, which support the Vulcan Forged ecosystem. These wallets give you full control over your private keys and allow interaction with Vulcan Forged’s games, NFTs, and staking features. Always ensure you back up your seed phrase securely and use only official wallet links to avoid phishing risks.

Is Vulcan Forged (PYR) a Good Investment?


Vulcan Forged (PYR) can appeal to investors because it’s more than just a speculative token; it’s the utility backbone of a growing blockchain gaming and NFT ecosystem, meaning demand could strengthen as more games and digital assets are adopted by users.

PYR’s integration with the Elysium blockchain and its use in staking, marketplace transactions, and play-to-earn mechanics provides real-world use cases that go beyond price speculation. Additionally, many long-term price forecasts suggest potential growth tied to the broader expansion of Web3 gaming and metaverse adoption, though price outcomes remain highly dependent on market conditions and user engagement.

Info Source

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Frequently Asked Questions about PYR (Vulcan Forged)

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Disclaimer:
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