Performances
RD Popularity Index
RD Growth Index
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.47% | 2.10% | 7.25% | 16.93% | 58.68% | 93.18% |
Comparison
Top Holders
| Address | Token | Quantity | Percentage | Value |
|---|---|---|---|---|
| 0x8fab...7199 |   PROS | 370,993.61 | 0.04% | $233.32K |
| 0xb1b6...1642 | PROS | 86,633.51 | 0.01% | $54.48K |
| 0xcc28...5ec7 | PROS | 75,311.33 | 0.01% | $47.36K |
Follow Updates
Follow Lists
People
About Pharos
Pharos Network's development journey includes several milestones with long-term significance. In early 2024, the project completed an $8 million seed round led by Lightspeed Faction and Hack VC, establishing its initial financial foundation. Subsequently, Pharos open-sourced DTVM, a blockchain virtual machine developed in collaboration with Ant Chain, marking a technical milestone in its infrastructure evolution. In 2025, Pharos secured $44 million in Series A funding with participation from SNZ Holding, bringing cumulative financing to $52 million. The company also launched a $10 million RealFi incubation program supported by Hack VC, signaling its strategic focus on real-world asset tokenization. A notable product milestone was the launch of Axil Prime credit vault, which opened institutional-grade private lending strategies to on-chain depositors. However, the project also faced scrutiny when a media investigation questioned its $950 million valuation, alleging that the valuation was propped up by solar assets and involved shell transactions with layered betting mechanisms. This controversy highlighted the risks and complexities in the RWA-focused Layer 1 sector, serving as a cautionary tale for the industry.
Positive factors over the past six months: In April 2026, Pharos completed a $44M Series A, bringing cumulative funding to $52M to accelerate RWA infrastructure. In June, it launched an AI Agent Carnival with a 150,000 PROS prize pool. In July, it launched the Axil Prime Credit Vault offering institutional private credit with a target APY of 14.3% and a 100M USDC cap. Also in July, mainnet upgrade was supported by HTX, with trading unaffected. No significant negative factors.
Co-founders:
Wish Wu (Co-founder & CEO): Former CSO of ZAN (Ant Group's Web3 arm), previously held senior security roles at Ant Group. Ph.D. from Virginia Tech, visiting researcher at USC, B.S. from Shanghai Jiao Tong University.
Alex Zhang (Co-founder & Chief Scientist): Former CTO of AntChain and CEO of ZAN, led blockchain R&D at Ant Group and Alibaba Damo Academy. Founded the Systems Research Department at NEC Labs America. Ph.D. in Computer Science from USC.
Core executives:
Janesh Balchandani (Principal Engineer, Developer Relations): Focuses on developer ecosystem and technical advocacy.
Michelle Kang (CMO): Oversees marketing and brand strategy.
Laura Shi (Chief Commercial Officer): Drives commercial partnerships and business development.
Recent team change at Pharos: Laura Shi joined in May 2026 as Chief Business Officer (CBO). She previously served as COO/CFO at MegaETH and Head of Global Expansion at ConsenSys, with 15+ years of experience bridging TradFi and Web3 infrastructure. Her addition will bolster Pharos's business development and ecosystem growth in RealFi, RWA tokenization, and enterprise DeFi.