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Pharos Network

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Pharos Network

Pharos is an Ultra-fast, EVM-compatible, Internet Scale Blockchain, elevating payments and applications with trustless and decentralization. Founded by ex-blockchain leaders from Ant Financial and Alibaba, Pharos aims to build the best chain for RWAs and enterprise-grade DeFi, achieving the highest EVM Layer-1 performance with 50K TPS
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What is Pharos Network?
Pharos Network is a high-performance, EVM-compatible Layer 1 blockchain designed to unify Web2 and Web3 assets and liquidity. It aims to bridge over $50 trillion in real-world assets (RWAs), traditional finance (TradFi), and cross-chain capital into a modular, on-chain economy at internet scale. The network supports real-time, real-world applications through its deep-parallel layer architecture.
How Does Pharos Network Work?
Pharos utilizes a modular and full-stack parallel architecture, structured into three primary layers: L1-Base, L1-Core, and L1-Extension. This design enables high throughput, with the network achieving up to 50,000 transactions per second and sub-second finality. Its GPU-inspired architecture reduces storage requirements by 80%, supporting billions of users while maintaining efficiency.
What Makes Pharos Network Unique?
Pharos stands out due to its high transaction speeds, modular design, and focus on integrating real-world assets into the blockchain ecosystem. Its architecture supports decentralized AI capabilities and privacy-preserving technologies, expanding its use cases beyond traditional DeFi platforms. Additionally, Pharos offers full Ethereum dApp compatibility, allowing developers to use familiar toolchains while benefiting from enhanced performance and scalability.
Who Are the Founders of Pharos Network?
Pharos was founded by former executives from Ant Group. CEO Alex Zhang previously served as CTO of Ant Chain, and CTO Meng Wu was the Chief Security Officer for Ant Financial’s Web3 division. The team brings extensive experience from leading blockchain and tech industries.

Latest news

What Key Events Have There Been for Pharos Network?
In May 2025, Pharos launched its public test network, showcasing its high speeds, modular design, and support for institutional use cases. In August 2025, Pharos partnered with Morpho to introduce native lending capabilities for tokenized real-world assets, enhancing capital efficiency for asset originators and liquidity providers on Pharos' EVM-compatible Layer 1 chain.
Project Announcements
In May 2025, Pharos launched its public test network, showcasing its high speeds, modular design, and support for institutional use cases. The platform has also incorporated zero-knowledge (ZK) proof-based KYC and AML features into its modular design, appealing to institutions concerned with regulatory standards.

Upcoming events

Latest Airdrop
Pharos conducted an airdrop with a snapshot date of March 15, 2025. Participants needed to hold a minimum balance of 0.1 ETH in a non-custodial wallet and complete certain community engagement tasks. The claiming period was from March 16 to April 15, 2025, with token distribution on May 1, 2025.

Project announcements

Where to Buy Pharos Network?
Pharos tokens are available for trading on MEXC Exchange. Users can trade Pharos against various pairs, with PHAROS/USDT being among the most popular.
Pharos Network Price
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Pharos Network Price Prediction
Currently, there are no available forecasts from reliable experts or publications regarding the future price of Pharos Network.

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Disclaimer & risk notice: Some content on this page may be AI-assisted or generated and is for general reference only. For the most accurate and up-to-date information, please refer to the project's official website. Bitget Wallet values every partnership. If you find any issues or inaccuracies, contact us at support@bitgetwallet.io — we appreciate your feedback and will continue to improve.