Total Value Locked$43.6m
TVL by Chain
Avalanche$43.6m
Key Metrics
Fees 30d$2.23m
Fees 30d by chain
Avalanche$2.23m
Fees 7d$272,750
Avalanche$272,750
Fees 24h$29,858
Avalanche$29,858
Cumulative Fees$33.91m
Avalanche$33.91m
Revenue 30d$2.15m
Revenue 30d by chain
Avalanche$2.15m
Revenue 7d$264,191
Avalanche$264,191
Revenue 24h$29,043
Avalanche$29,043
Cumulative Revenue$33.51m
Avalanche$33.51m
Holders Revenue 30d$2.15m
Holders Revenue 30d by chain
Avalanche$2.15m
Holders Revenue 7d$263,759
Avalanche$263,759
Holders Revenue 24h$28,997
Avalanche$28,997
Cumulative Holders Revenue$32.15m
Avalanche$32.15m
Incentives 1y$8.26m
Incentives 30d$1.91m
Incentives 7d$320,993
Incentives 24h$34,938
Cumulative Incentives$23.92m
Earnings (Annualized)$3.79m
Earnings 30d$241,611
Earnings 7d-$56,802
Earnings 24h-$5,895
Cumulative Earnings$9.59m
DEX Volume 30d$2.764b
DEX Volume 30d by chain
Avalanche$2.764b
DEX Volume 7d$402.13m
Avalanche$402.13m
DEX Volume 24h$42.31m
Avalanche$42.31m
Cumulative DEX Volume$36.562b
Avalanche$36.562b
Market Cap$2.14m
$PHAR Price$0.055
Fully Diluted Valuation$29.64m
$PHAR Volume 24h$78,914
CEX Volume$0
DEX Volume$79,144(100.29% of total)
Staked$151,985(7.11% 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 APY27.44%
User Activity
Active Addresses (24h)738
Transactions (24h)22,200
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 27, 2026.
All-time high TVL: $68.7m on Jul 16, 2025. All-time low TVL: $728,101 on Jan 25, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 26, 2026 | $43.77m |
| Oct 27, 2026 | $43.57m |
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 27, 2026 (latest) | $43.57m |
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) | $1.72m | $1.66m | $1.66m |
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 27, 2026, Pharaoh Exchange has $43.6m in total value locked. TVL has decreased 10.6% 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 $2.23m in fees. Of that, $2.15m was protocol revenue. Based on the trailing year, the annualized rate is $12.45m in fees and $12.06m in revenue.
What is the PHAR token price and valuation?
PHAR is currently trading at $0.055. Its circulating market capitalization is $2.14m, ranking it #2,681. Its fully diluted valuation is $29.64m. Supply currently stands at 38.96m circulating, 540.63m total supply, 1b maximum supply.
How has PHAR performed recently?
PHAR is down 29.2% over the past 7 days and down 37.2% over the past 30 days. Its all-time high is $0.14, reached on Oct 1, 2026. The token is currently 59.6% 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 $13.503b across 1,919 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 Balancer V3.
How much trading volume does Pharaoh Exchange process?
Pharaoh Exchange processed $2.764b in DEX volume over the past 30 days.

