
Pharaoh Exchange
AuditedVerifiedPharaoh is a concentrated-liquidity DEX on Avalanche C-Chain powered by an x(3,3) metaDEX model — a lock-free, burn-on-exit reimagining of ve(3,3).
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The Problem
Traditional ve(3,3) metaDEX models force users into multi-year token lock-ups to participate in emissions and fee revenue, creating friction and trapping capital that wants to remain flexible.
The Solution
Pharaoh's x(3,3) model replaces locks with a burn-on-exit mechanic — staked xPHAR can be redeemed any time at a 50% haircut (burned, not paid to the team), aligning incentives without requiring upfront commitment.
Why it Matters
Combines battle-tested Ramses V3 concentrated liquidity with a novel lock-free incentive system and a liquid-staked auto-compounding wrapper (p33). 100% of protocol fees flow to xPHAR voters, with no team emissions allocation.
Protocol Metrics
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View allFrequently asked questions about Pharaoh Exchange
What is Pharaoh Exchange?+
Pharaoh Exchange is a DEX protocol operating on Avalanche. Pharaoh is a concentrated-liquidity DEX on Avalanche C-Chain powered by an x(3,3) metaDEX model — a lock-free, burn-on-exit reimagining of ve(3,3).
How does Pharaoh Exchange work?+
Pharaoh's x(3,3) model replaces locks with a burn-on-exit mechanic — staked xPHAR can be redeemed any time at a 50% haircut (burned, not paid to the team), aligning incentives without requiring upfront commitment.
Is Pharaoh Exchange safe?+
DeFi Sentinel rates Pharaoh Exchange AA with a safety score of 82/100, indicating very low risk. The score reflects five risk dimensions: smart contract & technical risk, economic design & market risk, governance & centralization, sustainability & competitive position, and reputation & social trust. Pharaoh Exchange has 5 audits on record. DeFi Sentinel's analysis flagged 1 high, 3 medium, 6 low risk alerts across Smart Contract & Technical Risk, Economic Design & Market Risk, Governance & Centralization, Sustainability & Competitive Position and Reputation & Social Trust. As with all DeFi protocols, residual risk remains and users should review the full risk breakdown before depositing.
What is the safety score of Pharaoh Exchange?+
Pharaoh Exchange has a DeFi Sentinel safety score of 82/100 (rating AA), last updated July 17, 2026. The score is computed across smart contract & technical risk (30%), economic design & market risk (25%), governance & centralization (20%), sustainability & competitive position (15%), and reputation & social trust (10%).
Which chains does Pharaoh Exchange support?+
Pharaoh Exchange is deployed on Avalanche.
Has Pharaoh Exchange been audited?+
Yes. Pharaoh Exchange has 5 audit reports on record from firms including Spearbit, Consensys Diligence, Code4rena. Audit reports and dates are linked under the Resources tab on this page.