Total Value Locked$43.6m
TVL by Chain
Avalanche$43.6m
Key Metrics
Fees 30d$2.32m
Fees 30d by chain
Avalanche$2.32m
Fees 7d$314,086
Avalanche$314,086
Fees 24h$25,878
Avalanche$25,878
Cumulative Fees$33.88m
Avalanche$33.88m
Revenue 30d$2.24m
Revenue 30d by chain
Avalanche$2.24m
Revenue 7d$304,469
Avalanche$304,469
Revenue 24h$25,082
Avalanche$25,082
Cumulative Revenue$33.49m
Avalanche$33.49m
Holders Revenue 30d$2.24m
Holders Revenue 30d by chain
Avalanche$2.24m
Holders Revenue 7d$303,987
Avalanche$303,987
Holders Revenue 24h$25,042
Avalanche$25,042
Cumulative Holders Revenue$32.12m
Avalanche$32.12m
Incentives 1y$8.34m
Incentives 30d$1.96m
Incentives 7d$352,259
Incentives 24h$41,587
Cumulative Incentives$8.8m
Earnings (Annualized)$3.67m
Earnings 30d$282,930
Earnings 7d-$47,790
Earnings 24h-$16,504
Cumulative Earnings$24.69m
DEX Volume 30d$2.837b
DEX Volume 30d by chain
Avalanche$2.837b
DEX Volume 7d$459.58m
Avalanche$459.58m
DEX Volume 24h$38.67m
Avalanche$38.67m
Cumulative DEX Volume$36.521b
Avalanche$36.521b
Market Cap$2.27m
$PHAR Price$0.058
Fully Diluted Valuation$31.44m
$PHAR Volume 24h$36,445
CEX Volume$0
DEX Volume$37,861(103.89% of total)
Staked$160,400(7.05% 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 APY45.23%
User Activity
Active Addresses (24h)844
Transactions (24h)19,947
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 Oct 25, 2026.
All-time high TVL: $68.7m on Jul 16, 2025. All-time low TVL: $728,101 on Jan 25, 2024.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $48.55m |
| Sep 27, 2026 | $48.78m |
| Sep 28, 2026 | $48.6m |
| Sep 29, 2026 | $48.87m |
| Sep 30, 2026 | $46.98m |
| Oct 1, 2026 | $46.8m |
| Oct 2, 2026 | $47.71m |
| Oct 3, 2026 | $47.22m |
| Oct 4, 2026 | $47.9m |
| Oct 5, 2026 | $47.88m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $30.61m |
| 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 25, 2026 (latest) | $44m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $684,269 | $684,269 | $630,078 |
| 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 (to date) | $1.67m | $1.62m | $1.61m |
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 Oct 25, 2026, Pharaoh Exchange has $43.6m in total value locked. TVL has decreased 6% 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 $2.32m in fees. Of that, $2.24m was protocol revenue. Based on the trailing year, the annualized rate is $12.4m in fees and $12.01m in revenue.
What is the PHAR token price and valuation?
PHAR is currently trading at $0.058. Its circulating market capitalization is $2.27m, ranking it #2,620. Its fully diluted valuation is $31.44m. Supply currently stands at 39.12m circulating, 540.7m total supply, 1b maximum supply.
How has PHAR performed recently?
PHAR is down 28.2% over the past 7 days and down 32.5% over the past 30 days. Its all-time high is $0.14, reached on Oct 1, 2026. The token is currently 57.1% below that level.
How does Pharaoh Exchange's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Pharaoh Exchange ranks #30 by TVL. The category holds $13.892b across 1,917 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, Balancer V3, Metric V1, and Balancer V2.
How much trading volume does Pharaoh Exchange process?
Pharaoh Exchange processed $2.837b in DEX volume over the past 30 days.

