Pharaoh Exchange (PHAR)
Total Value Locked$57.46m
TVL by Chain
Avalanche$56.6m
staking$856,485
Key Metrics
Fees (Annualized)$16.81m
Fees 30d$1.38m
Fees 7d$184,869
Fees 24h$10,179
Cumulative Fees$23.05m
Revenue (Annualized)$15.81m
Revenue 30d$1.3m
Revenue 7d$179,034
Revenue 24h$9,288
Cumulative Revenue$17.37m
Holders Revenue (Annualized)$15.77m
Holders Revenue 30d$1.29m
Holders Revenue 7d$178,908
Holders Revenue 24h$9,283
Cumulative Holders Revenue$16.8m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$15.05m
Earnings (Annualized)$15.81m
Earnings 30d$1.3m
Earnings 7d$179,034
Earnings 24h$9,288
Cumulative Earnings$2.33m
DEX Volume 30d$2.443b
DEX Volume 7d$407.27m
DEX Volume 24h$23.66m
Cumulative DEX Volume$20.852b
$PHAR Price$0.026
All Time High$0.051
All Time Low$0.024
Fully Diluted Valuation$11.08m
Outstanding FDV$3,740
$PHAR Volume 24h$15,353
CEX Volume-
DEX Volume$15,353(100% of total)
Staked$856,485
Protocol Information
Pharaoh is a next-generation AMM designed to serve as Avalanche's central liquidity hub, combining the secure and battle-tested superiority of Uniswap v3 with a custom incentive engine, vote-lock governance model, and streamlined user experience.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Pharaoh CL: User pays 0.05%, 0.30%, or 1% on each swap.View code on GitHubPharaoh Legacy: Swap fees paid by usersView code on GitHubPharaoh V3 Legacy: Fees are collected from users on each swap.View code on GitHubPharaoh V3: Fees are collected from users on each swap.View code on GitHub
Revenue:
Pharaoh CL: Percentage of swap fees going to treasury and/or token holdersView code on GitHubPharaoh Legacy: Percentage of swap fees going to treasury and/or token holdersView code on GitHubPharaoh V3 Legacy: Revenue going to the protocol + Token holder Revenue.View code on GitHubPharaoh V3: Revenue going to the protocol + Token holder Revenue.View code on GitHub
Holders Revenue:
Pharaoh CL: User fees are distributed among holders.View code on GitHubPharaoh Legacy: Money going to governance token holdersView code on GitHubPharaoh V3 Legacy: User fees are distributed among holders.View code on GitHubPharaoh V3: User fees are distributed among holders.View code on GitHub
Bribe Revenue:
Pharaoh CL: View code on GitHubPharaoh Legacy: View code on GitHubPharaoh V3 Legacy: Bribes are distributed among holders.View code on GitHubPharaoh V3: Bribes are distributed among holders.View code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Income Statement for Pharaoh Exchange
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Fees | $2.47m | $3.91m | $6.23m | $6.99m | $1.73m | $640,649 | $406,384 | $590,307 | $83,782 |
| Revenue | $2.32m | $2.87m | $4.09m | $5.68m | $1.37m | $504,754 | $200,257 | $300,224 | $41,893 |
| Incentives | $278,603 | $3.11m | $3.37m | $4.33m | $1.34m | $690,133 | $800,392 | $1.14m | $0 |
| Earnings | $2.05m | -$242,352 | $727,705 | $1.34m | $32,821 | -$185,379 | -$600,135 | -$836,163 | $41,893 |
| Token Holder Net Income | $2.32m | $2.87m | $4.09m | $5.3m | $1.23m | $454,483 | $200,257 | $298,814 | $41,893 |