Pharaoh Exchange — Next-Generation Concentrated Liquidity on Avalanche
Pharaoh Exchange empowers traders and liquidity providers on Avalanche C-Chain with efficient swaps, deep liquidity, and governance rewards.
Pharaoh Exchange is a next-generation decentralized exchange (DEX) built on Avalanche C-Chain. It leverages concentrated liquidity technology, allowing liquidity providers to deploy capital within custom price ranges for maximum efficiency. Pharaoh Exchange supports legacy volatile and stable pools as well as concentrated liquidity V3 positions, making it a versatile protocol for DeFi participants across the Avalanche ecosystem.
PHAR is the native governance and utility token of Pharaoh Exchange. Holders can lock PHAR to obtain vePHAR, which grants voting power to direct emissions to liquidity pools and earn a share of trading fees and external incentives. The token is central to the ve(3,3) tokenomics model that powers Pharaoh Exchange's reward distribution system.
Liquidity providers on Pharaoh Exchange earn trading fees generated by every swap that passes through their pool. Additionally, pools that receive votes from vePHAR holders are eligible for PHAR emissions, boosting APR for LPs. External protocols can also add incentives to pools on Pharaoh Exchange, creating additional earning opportunities every epoch.
Pharaoh Exchange supports all major Web3 wallets compatible with Avalanche C-Chain, including MetaMask, WalletConnect-compatible wallets, Coinbase Wallet, and more. Simply click "Connect Wallet" on the Pharaoh Exchange interface and choose your preferred wallet provider to get started.
Yes, Pharaoh Exchange has undergone a professional smart contract security audit by yAudit. The complete audit report is publicly accessible and covers the core protocol contracts. Security is a top priority for Pharaoh Exchange, and the team continuously monitors the protocol for potential risks.