Total Value Locked$43.81m
TVL by Chain
Avalanche$43.81m
Key Metrics
Fees 30d$2.16m
Fees 30d by chain
Avalanche$2.16m
Fees 7d$239,895
Avalanche$239,895
Fees 24h$26,509
Avalanche$26,509
Cumulative Fees$33.93m
Avalanche$33.93m
Revenue 30d$2.08m
Revenue 30d by chain
Avalanche$2.08m
Revenue 7d$231,588
Avalanche$231,588
Revenue 24h$25,310
Avalanche$25,310
Cumulative Revenue$33.54m
Avalanche$33.54m
Holders Revenue 30d$2.08m
Holders Revenue 30d by chain
Avalanche$2.08m
Holders Revenue 7d$231,171
Avalanche$231,171
Holders Revenue 24h$25,251
Avalanche$25,251
Cumulative Holders Revenue$32.17m
Avalanche$32.17m
Incentives 1y$8.23m
Incentives 30d$1.89m
Incentives 7d$306,400
Incentives 24h$39,170
Cumulative Incentives$23.96m
Earnings (Annualized)$3.82m
Earnings 30d$193,644
Earnings 7d-$74,812
Earnings 24h-$13,861
Cumulative Earnings$9.58m
DEX Volume 30d$2.7b
DEX Volume 30d by chain
Avalanche$2.7b
DEX Volume 7d$369.2m
Avalanche$369.2m
DEX Volume 24h$44.62m
Avalanche$44.62m
Cumulative DEX Volume$36.606b
Avalanche$36.606b
Market Cap$2.22m
$PHAR Price$0.057
Fully Diluted Valuation$30.92m
$PHAR Volume 24h$72,976
CEX Volume$0
DEX Volume$70,391(96.46% of total)
Staked$151,985(6.83% 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 APY25.8%
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 28, 2026.
All-time high TVL: $68.7m on Jul 16, 2025. All-time low TVL: $728,101 on Jan 25, 2024.
Daily TVL, Sep 29, 2026 to Oct 28, 2026
| Date | TVL |
|---|---|
| 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 | $43.72m |
| Oct 28, 2026 | $43.72m |
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 28, 2026 (latest) | $43.72m |
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) | $1.73m | $1.67m | $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 28, 2026, Pharaoh Exchange has $43.81m in total value locked. TVL has decreased 9.8% 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 $2.16m in fees. Of that, $2.08m was protocol revenue. Based on the trailing year, the annualized rate is $12.43m in fees and $12.05m in revenue.
What is the PHAR token price and valuation?
PHAR is currently trading at $0.057. Its circulating market capitalization is $2.22m, ranking it #2,639. Its fully diluted valuation is $30.92m. Supply currently stands at 38.9m circulating, 540.59m total supply, 1b maximum supply.
How has PHAR performed recently?
PHAR is down 27.8% over the past 7 days and down 34.7% over the past 30 days. Its all-time high is $0.14, reached on Oct 1, 2026. The token is currently 57.8% 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 $13.523b 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 $2.7b in DEX volume over the past 30 days.

