Ask about Pharaoh Exchange · freeTotal Value Locked$36.69m
TVL by Chain
Avalanche$36.69m
Key Metrics
Fees 30d$1.33m
Fees 30d by chain
Avalanche$1.33m
Fees 7d$308,145
Avalanche$308,145
Fees 24h$40,327
Avalanche$40,327
Cumulative Fees$34.67m
Avalanche$34.67m
Revenue 30d$1.27m
Revenue 30d by chain
Avalanche$1.27m
Revenue 7d$281,118
Avalanche$281,118
Revenue 24h$37,083
Avalanche$37,083
Cumulative Revenue$34.23m
Avalanche$34.23m
Holders Revenue 30d$1.26m
Holders Revenue 30d by chain
Avalanche$1.26m
Holders Revenue 7d$279,714
Avalanche$279,714
Holders Revenue 24h$36,920
Avalanche$36,920
Cumulative Holders Revenue$32.86m
Avalanche$32.86m
Incentives 1y$8.38m
Incentives 30d$1.21m
Incentives 7d$220,706
Incentives 24h$30,226
Cumulative Incentives$24.53m
Earnings (Annualized)$3.71m
Earnings 30d$53,823
Earnings 7d$60,412
Earnings 24h$6,857
Cumulative Earnings$9.7m
DEX Volume 30d$1.827b
DEX Volume 30d by chain
Avalanche$1.827b
DEX Volume 7d$394.05m
Avalanche$394.05m
DEX Volume 24h$65.07m
Avalanche$65.07m
Cumulative DEX Volume$37.588b
Avalanche$37.588b
Market Cap$1.97m
$PHAR Price$0.04
Fully Diluted Valuation$21.95m
$PHAR Volume 24h$58,915
CEX Volume$0
DEX Volume$59,069(100.26% of total)
Staked$231,398(11.75% 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
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
Yields
Pools Tracked7
Average Supply APY385.79%
Largest Pools by TVL
WETH.e-WAVAXAvalanche$5.07m
BTC.b-WAVAXAvalanche$3.48m
WAVAX-USDCAvalanche$2.74m
tAVAX-sAVAXAvalanche$159,943
sAVAX-WAVAXAvalanche$82,537
User Activity
Active Addresses (24h)1,192
Transactions (24h)31,974
Competitors
Pharaoh Exchange history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Dec 15, 2023 to Nov 14, 2026.
All-time high TVL: $68.7m on Jul 16, 2025. All-time low TVL: $728,101 on Jan 25, 2024.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| 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 |
| Nov 5, 2026 | $40.3m |
| Nov 6, 2026 | $37.45m |
| Nov 7, 2026 | $40.01m |
| Nov 8, 2026 | $39.69m |
| Nov 9, 2026 | $39.04m |
| Nov 10, 2026 | $40.52m |
| Nov 11, 2026 | $39.76m |
| Nov 12, 2026 | $40.2m |
| Nov 13, 2026 | $39.62m |
| Nov 14, 2026 | $38.87m |
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 14, 2026 (latest) | $38.87m |
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) | $557,415 | $519,670 | $517,726 |
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 14, 2026, Pharaoh Exchange has $36.69m in total value locked. TVL has decreased 15% 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 $1.33m in fees. Of that, $1.27m was protocol revenue. Based on the trailing year, the annualized rate is $12.49m in fees and $12.09m in revenue.
What is the PHAR token price and valuation?
PHAR is currently trading at $0.04. Its circulating market capitalization is $1.97m, ranking it #2,699. Its fully diluted valuation is $21.95m. Supply currently stands at 49.61m circulating, 552.99m total supply, 1b maximum supply.
How has PHAR performed recently?
PHAR is down 16.1% over the past 7 days and down 55.1% over the past 30 days. Its all-time high is $0.14, reached on Oct 1, 2026. The token is currently 70.7% 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 $11.116b across 1,937 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, DODO AMM, and Balancer V2.
How much trading volume does Pharaoh Exchange process?
Pharaoh Exchange processed $1.827b in DEX volume over the past 30 days.