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View ChartPharaoh (PHAR) is the native token of Pharaoh Exchange, a non-custodial decentralized exchange protocol built on the Avalanche C-Chain. The project positions itself as a concentrated liquidity layer and exchange powered by the latest metaDEX x(3,3) methodology, combining ve(3,3) incentives with concentrated liquidity to create a more fluid trading environment. The platform is categorized within the Exchanges (DEX) sector and operates as a decentralized exchange with ve(3,3) Incentives and Concentrated Liquidity.
The PHAR token serves as the primary utility and governance token within the ecosystem, allowing holders to participate in decision-making processes that shape the future of the platform. The project was founded in 2023 and operates on the Avalanche C-Chain as an ERC-20 token. According to CoinMarketCap, the total supply is approximately 95.22K PHAR, with a self-reported circulating supply of 18.32K PHAR. On-chain data from Snowtrace shows a total supply of 127,878.49 PHAR and 10,802 holders. The project is in an active development phase, with documentation covering core concepts including x(3,3), xPHAR, tokenomics, emission schedules, and distribution details.
Detailed public information about the founding team and individual creators of Pharaoh is currently limited. The project was founded in 2023 and is described as a decentralized exchange protocol on the Avalanche C-Chain. The project maintains an official website and documentation portal, and its smart contracts are described as audited regularly to ensure the security and integrity of the PHAR ecosystem. The project has received a CertiK rating of 3.4, indicating some level of independent security review. The CMC listing page includes a note referencing Listings Review Criteria Section B - (3), and the project offers community badge claiming and token information update actions for project owners.
Pharaoh operates as a non-custodial exchange protocol on the Avalanche C-Chain, utilizing a concentrated liquidity model combined with ve(3,3) incentives. The x(3,3) methodology is a core concept referenced in the project documentation, alongside xPHAR and concentrated liquidity mechanisms. The protocol employs smart contracts for decentralized applications, automated transactions, and treasury management, with these contracts described as audited regularly.
The network uses a hybrid consensus mechanism combining Proof-of-Stake and Delegated Proof-of-Authority, which is designed to maintain high transaction throughput while keeping energy consumption relatively low. Unlike traditional Proof-of-Work cryptocurrencies, Pharaoh does not support mining. Instead, new PHAR tokens are generated through staking and treasury allocations. Users can lock their tokens in designated staking contracts for predetermined periods, receiving rewards proportional to their staked amount and duration, with annual percentage yields typically ranging between 5–12% depending on network conditions and total staked supply.
Pharaoh distinguishes itself through its combination of concentrated liquidity and ve(3,3) incentive structures within the Avalanche ecosystem. The metaDEX x(3,3) methodology represents an evolution in decentralized exchange design, aiming to create a more fluid trading experience. The protocol's non-custodial nature means users retain control of their assets while participating in the exchange ecosystem.
The token's value proposition includes its role as a governance instrument, a medium for transaction fees, a requirement for dApp access, collateral in DeFi applications, and a potential store of value supported by limited supply and deflationary mechanisms. The project's positioning on Avalanche C-Chain allows it to benefit from the network's efficiency and security characteristics. The combination of staking rewards and governance rights provides multiple avenues for token holders to participate in and benefit from the ecosystem's growth.
The PHAR token serves multiple functions within its ecosystem. As a governance token, PHAR holders can vote on protocol upgrades, treasury allocations, and other important decisions that shape the platform's future. The token is used to pay for transactions on the network, making it integral to the platform's operational functionality.
Many decentralized applications built on the Pharaoh platform require PHAR for access or functionality, creating demand for the token within the ecosystem. Additionally, PHAR can be used as collateral in various DeFi applications, allowing holders to leverage their holdings for additional financial activities. The limited supply and deflationary mechanisms position PHAR as a potential store of value. The token also plays a role in the staking mechanism, where users lock tokens to receive rewards and participate in network security and governance.
The Pharaoh ecosystem is in an active development phase, with documentation covering core concepts such as x(3,3), xPHAR, tokenomics including PHAR supply, emission schedule, and distribution. The project maintains an official website and documentation portal, and has established a presence on blockchain explorers including snowscan.xyz and snowtrace.io. The platform has attracted 10,802 holders according to Snowtrace data.
The project is listed on various cryptocurrency data platforms and has trading pairs tracked across multiple venues. The ecosystem includes decentralized applications that utilize PHAR for access and functionality, along with staking contracts that allow users to lock tokens for rewards. The project offers community engagement features including a community badge claiming mechanism. Market analysis from Bybit TradeGPT indicates that the PHAR market shows signs of stabilization amid volatility, with trading volume gradually increasing and moving averages rising.
Pharaoh does not support traditional mining through Proof-of-Work. Instead, new PHAR tokens are generated through the staking process and treasury allocations, which is described as an environmentally friendly option compared to energy-intensive mining cryptocurrencies. Users can participate in the network by locking their tokens in designated staking contracts for predetermined periods.
Stakers receive rewards proportional to their staked amount and duration, with annual percentage yields that typically range between 5–12% depending on network conditions and total staked supply. This staking mechanism serves as the primary method for token holders to earn rewards while contributing to network security and governance. The hybrid consensus mechanism combining Proof-of-Stake and Delegated Proof-of-Authority supports this staking-based approach to token generation and network maintenance.
As a non-custodial exchange protocol on the Avalanche C-Chain, Pharaoh emphasizes user control over assets. To keep PHAR tokens safe, users should store them in compatible ERC-20 wallets that support the Avalanche C-Chain network. Hardware wallets provide an additional layer of security by keeping private keys offline and protected from online threats.
Users should verify contract addresses before interacting with any token, ensuring they are using the legitimate PHAR contract at 0xaaab9d12a30504559b0c5a9a5977fee4a6081c6b. The project's smart contracts are described as audited regularly, and the CertiK rating of 3.4 provides some indication of security review. When participating in staking or DeFi activities, users should understand the risks involved and only interact with verified contracts. Practicing good operational security, including using strong unique passwords, enabling two-factor authentication where available, and being cautious of phishing attempts, helps protect holdings. Before making any transactions, users should verify all contract addresses and platform URLs through official documentation.
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Thank you for your interest in BTCC. Currently, spot and futures trading services for PHAR are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
As of right now, the live price of Pharaoh (PHAR) is $43.24. Its market price fluctuates in real time based on overall supply and demand, and you can check the updated PHAR to USD rate at the top of BTCC’s price page. In terms of market scope, Pharaoh records a 24h trading volume of $0 (reflecting total buying and selling activity over the last 24 hours), with a total market cap of $792.63K. Its current circulating supply stands at -- out of a maximum supply cap of ∞.
The price volatility of Pharaoh (PHAR) is essentially driven by market supply and demand dynamics. Key factors behind its price movements include: 1) Global macroeconomic conditions and sentiment, such as Fed interest rate decisions; 2) Tokenomics, including the ratio of circulating supply (--) to max supply (∞), as well as token unlocks and burn mechanisms; 3) Fundamental developments, such as ecosystem expansion, on-chain activity, and core protocol upgrades; and 4) Derivatives market dynamics, including leverage battles and liquidation cascades in perpetual contracts.
Looking at its historical price performance, Pharaoh (PHAR) hit an all-time high (ATH) of $1,162.42 on 2025-03-06 15:25, representing the peak of market sentiment. Conversely, its all-time low (ATL) was recorded at $22.16 on 2024-07-09 17:35. Note that historical highs and lows reflect past performance only and do not guarantee future price trends; investment decisions should always align with live market conditions and your personal risk tolerance.
When trading PHAR futures on BTCC, technical chart analysis begins with identifying key support and resistance levels on 1D and 4H charts using historical price pivots. Next, apply MA/EMA indicators to gauge trend directions, alongside RSI (values above 70 indicate overbought conditions, while below 30 suggest oversold levels). Always validate breakout signals with the 24h trading volume ($0), as price breakouts accompanied by strong volume offer higher reliability.
Unlike spot trading where you can only profit from rising prices, BTCC’s PHARUSDT perpetual contracts support two-way trading. If you anticipate a price decline for Pharaoh, simply log into your BTCC account with USDT margin available, navigate to the PHARUSDT pair, set your desired leverage and Take-Profit/Stop-Loss levels, and click "Sell/Short". Once the price drops to your target, close your position to lock in profit from the price difference.
Yes. BTCC offers flexible, high-tier leverage options for PHARUSDT perpetual futures, providing up to 500x leverage (maximum leverage limits may vary depending on liquidity). While leverage boosts capital efficiency by allowing you to control larger position sizes with less margin, it also amplifies liquidation risks proportionately. BTCC strongly advises using Stop-Loss orders to strictly manage risk when trading with high leverage.
Beginners and traders testing new strategies can switch to BTCC's "Demo Trading" mode with a single click on the App or Web interface. The demo account comes pre-loaded with risk-free virtual funds (such as 100,000 USDT). Powered by live market prices (current price: $43.24), you can practice opening/closing positions, adjusting leverage, and setting TP/SL for PHARUSDT with zero financial risk.
Trading Pharaoh (PHAR) on BTCC requires just 4 simple steps: 1) Register a BTCC account and complete basic Identity Verification (KYC); 2) Buy USDT using fiat via credit card/express payment, or deposit USDT/BTC directly from an external wallet; 3) Navigate to the Futures section, search for PHARUSDT, and review its live price ($43.24) and chart; 4) Select your margin mode and leverage, choose "Buy/Long" or "Sell/Short" based on your market outlook, set TP/SL orders, and confirm your trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.
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