Selected PRL Price
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Pearlonomics
Live Pearl Network economics: PRL price, production cost, MVRV, and chain fundamentals from Pearl node snapshots.
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MVRV pending
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Median Cost
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Price / Cost
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MVRV
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Block Reward
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Network Scale
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Live Price, Production Cost, and MVRV
The price line uses executed PRL trades from the selected live venue when historical candles or fills are available. The cost line is calculated from live network hashrate, observed block pace, live height, and timestamped H100 market rates. MVRV is read from the Pearl node realized-cap index stored in D1.
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Live Source Selection
| Market | Last | 24H Volume | Status |
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Production Cost Inputs
GPU rate model
marketplace H100 spot
Marketplace rate
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Median H100 throughput
550 TH/s
Lower band scenario
620 TH/s
Upper band scenario
500 TH/s
Rate month
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Emission formula
live height
Block pace
observed; 194s fallback
Pool fees / stales
excluded
Block reward
reward_prl = 2.1B * 650226 / ((height + 650226) * (height - 1 + 650226))
Observed block pace
blocks_per_hour = delta_height / delta_hours; live_partial = blended(recent_completed_pace, network_avg_block_time)
Cost per PRL
marketplace_cost_per_hour = monthly_h100_marketplace_rate(timestamp)
gpu_equivalent = network_hashrate_hps / scenario_hashrate_hps
cost_per_prl = (gpu_equivalent * marketplace_cost_per_hour) / (reward_prl * blocks_per_hour)
The lower, median, and upper bands all use the monthly H100 marketplace spot rate. The band captures H100 throughput sensitivity: 620 TH/s efficient, 550 TH/s median, and 500 TH/s conservative. Provider-class rate spreads are excluded because rational miners should use the lowest available rental market, while already-allocated compute is closer to sunk cost than marginal rental cost. Completed buckets use observed pace; the still-forming live bucket is smoothed with recent completed pace and Pearl node network average block time.
The production-cost series is calculated, not fetched as a market price. It uses live Pearl node chain hashrate/history plus a monthly H100 marketplace-rate table sourced from Silicon Data and Thunder Compute. MVRV is calculated from current UTXOs on the Pearl chain and historical PRL prices. Lord of Pearls is retained only as a temporary fallback for chain history, and a static marketplace GPU constant remains the fallback when a timestamp has no usable rate row.