Total Value Locked$40.35m
TVL by Chain
Avalanche$40.35m
Key Metrics
Fees 30d$1.7m
Fees 30d by chain
Avalanche$1.7m
Fees 7d$317,227
Avalanche$317,227
Fees 24h$31,055
Avalanche$31,055
Cumulative Fees$34.25m
Avalanche$34.25m
Revenue 30d$1.64m
Revenue 30d by chain
Avalanche$1.64m
Revenue 7d$307,300
Avalanche$307,300
Revenue 24h$30,473
Avalanche$30,473
Cumulative Revenue$33.85m
Avalanche$33.85m
Holders Revenue 30d$1.64m
Holders Revenue 30d by chain
Avalanche$1.64m
Holders Revenue 7d$306,787
Avalanche$306,787
Holders Revenue 24h$30,447
Avalanche$30,447
Cumulative Holders Revenue$32.48m
Avalanche$32.48m
Incentives 1y$8.22m
Incentives 30d$1.57m
Incentives 7d$247,149
Incentives 24h$34,477
Cumulative Incentives$24.21m
Earnings (Annualized)$3.9m
Earnings 30d$74,225
Earnings 7d$60,151
Earnings 24h-$4,003
Cumulative Earnings$9.64m
DEX Volume 30d$2.242b
DEX Volume 30d by chain
Avalanche$2.242b
DEX Volume 7d$421.11m
Avalanche$421.11m
DEX Volume 24h$51.11m
Avalanche$51.11m
Cumulative DEX Volume$37.028b
Avalanche$37.028b
Market Cap$2.26m
$PHAR Price$0.053
Fully Diluted Valuation$28.66m
$PHAR Volume 24h$79,561
CEX Volume$0
DEX Volume$80,012(100.57% of total)
Staked$0(0% of mcap)
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.
- Pharaoh V3Dexs
- Pharaoh DLMMDexs
- Pharaoh CLDexs
- Pharaoh LegacyDexs
Yields
Pools Tracked7
Average Supply APY90.08%
User Activity
Active Addresses (24h)865
Transactions (24h)24,580
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
DEX Volume: Volume of all spot token swaps on the DEX
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
Competitors
Pharaoh Exchange history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 15, 2023 to Nov 4, 2026.
All-time high TVL: $68.7m on Jul 16, 2025. All-time low TVL: $728,101 on Jan 25, 2024.
Daily TVL, Oct 6, 2026 to Nov 4, 2026
| Date | TVL |
|---|---|
| Oct 6, 2026 | $47.82m |
| Oct 7, 2026 | $48.11m |
| Oct 8, 2026 | $47.28m |
| Oct 9, 2026 | $45.06m |
| Oct 10, 2026 | $45.54m |
| Oct 11, 2026 | $45.46m |
| Oct 12, 2026 | $46.36m |
| Oct 13, 2026 | $44.12m |
| Oct 14, 2026 | $46.14m |
| Oct 15, 2026 | $43.18m |
| Oct 16, 2026 | $43.37m |
| Oct 17, 2026 | $44.98m |
| Oct 18, 2026 | $44.36m |
| Oct 19, 2026 | $43.92m |
| Oct 20, 2026 | $45.01m |
| Oct 21, 2026 | $43.36m |
| Oct 22, 2026 | $45.01m |
| Oct 23, 2026 | $43.21m |
| Oct 24, 2026 | $44.51m |
| Oct 25, 2026 | $44m |
| Oct 26, 2026 | $43.77m |
| Oct 27, 2026 | $43.57m |
| Oct 28, 2026 | $43.94m |
| Oct 29, 2026 | $43.98m |
| Oct 30, 2026 | $47.66m |
| Oct 31, 2026 | $42.74m |
| Nov 1, 2026 | $42.81m |
| Nov 2, 2026 | $43.08m |
| Nov 3, 2026 | $40.79m |
| Nov 4, 2026 | $40.97m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $32.73m |
| Jan 31, 2025 | $46.83m |
| Feb 28, 2025 | $39.03m |
| Mar 31, 2025 | $38.42m |
| Apr 30, 2025 | $40.69m |
| May 31, 2025 | $43.17m |
| Jun 30, 2025 | $65.64m |
| Jul 31, 2025 | $52.98m |
| Aug 31, 2025 | $52.91m |
| Sep 30, 2025 | $52.24m |
| Oct 31, 2025 | $44.17m |
| Nov 30, 2025 | $53.39m |
| Dec 31, 2025 | $53.43m |
| Jan 31, 2026 | $39.95m |
| Feb 28, 2026 | $40.52m |
| Mar 31, 2026 | $52.51m |
| Apr 30, 2026 | $49.19m |
| May 31, 2026 | $43.15m |
| Jun 30, 2026 | $40.56m |
| Jul 31, 2026 | $27.9m |
| Aug 31, 2026 | $32.71m |
| Sep 30, 2026 | $46.98m |
| Oct 31, 2026 | $42.74m |
| Nov 4, 2026 (latest) | $40.97m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $1.26m |
| Dec 31, 2024 | $32.73m |
| Dec 31, 2025 | $53.43m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $1.07m | $1.07m | $987,176 |
| Jan 2025 | $1.63m | $1.63m | $1.51m |
| Feb 2025 | $3.37m | $3.37m | $3.16m |
| Mar 2025 | $2.05m | $2.05m | $1.92m |
| Apr 2025 | $1.12m | $1.12m | $1.05m |
| May 2025 | $2.23m | $2.23m | $2.13m |
| Jun 2025 | $2.96m | $2.96m | $2.81m |
| Jul 2025 | $1.96m | $1.96m | $1.87m |
| Aug 2025 | $935,887 | $935,887 | $879,708 |
| Sep 2025 | $1.01m | $1.01m | $935,022 |
| Oct 2025 | $647,742 | $627,067 | $591,959 |
| Nov 2025 | $1.6m | $1.52m | $1.51m |
| Dec 2025 | $840,322 | $826,641 | $825,897 |
| Jan 2026 | $705,101 | $693,010 | $692,262 |
| Feb 2026 | $705,572 | $688,497 | $687,620 |
| Mar 2026 | $762,244 | $741,943 | $740,881 |
| Apr 2026 | $602,357 | $584,889 | $584,037 |
| May 2026 | $481,530 | $467,468 | $466,795 |
| Jun 2026 | $648,799 | $617,593 | $616,703 |
| Jul 2026 | $634,292 | $615,497 | $614,584 |
| Aug 2026 | $1.1m | $1.07m | $1.07m |
| Sep 2026 | $2.48m | $2.42m | $2.42m |
| Oct 2026 | $1.94m | $1.88m | $1.87m |
| Nov 2026 (to date) | $148,730 | $145,046 | $144,866 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/pharaoh-exchange
Frequently asked questions
What is Pharaoh Exchange's TVL?
As of Nov 4, 2026, Pharaoh Exchange has $40.35m in total value locked. TVL has decreased 15.7% over the past 30 days.
What chains does Pharaoh Exchange operate on?
Pharaoh Exchange operates on Avalanche. Avalanche holds the largest share at 100%.
How much has Pharaoh Exchange generated in fees and revenue?
Over the past 30 days, Pharaoh Exchange generated $1.7m in fees. Of that, $1.64m was protocol revenue. Based on the trailing year, the annualized rate is $12.5m in fees and $12.12m in revenue.
What is the PHAR token price and valuation?
PHAR is currently trading at $0.053. Its circulating market capitalization is $2.26m, ranking it #2,775. Its fully diluted valuation is $28.66m. Supply currently stands at 42.93m circulating, 544.98m total supply, 1b maximum supply.
How has PHAR performed recently?
PHAR is down 8.6% over the past 7 days and down 51.1% over the past 30 days. Its all-time high is $0.14, reached on Oct 1, 2026. The token is currently 61.2% below that level.
How does Pharaoh Exchange's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Pharaoh Exchange ranks #31 by TVL. The category holds $13.087b across 1,924 protocols, and Pharaoh Exchange accounts for 0.3% of that total. Similar protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, THORChain DEX, SushiSwap V3, SushiSwap, Metric V1, Balancer V2, and DODO AMM.
How much trading volume does Pharaoh Exchange process?
Pharaoh Exchange processed $2.242b in DEX volume over the past 30 days.

