Pharos

What Pharos does

Pharos is a developer of a modular, full-stack parallel Layer-1 blockchain headquartered in the United States (Menlo Park) with operational anchoring in Hong Kong. Founded in 2024 by former Ant Group leadership (co-founders Alex Zhang and Wish Wu), the platform combines a three-layer architecture (L1-Base, L1-Core, L1-Extension), dual virtual machines (EVM + WASM), speculative parallel execution, AsyncBFT consensus, and Special Processing Networks (SPNs) to deliver sub-second finality and reported throughput of 30,000 TPS / 2 Gigagas per second. Its Pacific Ocean Mainnet went live on April 28, 2026, alongside the $PROS native token (1 billion total supply), with over 50 dApps deployed at launch and a $50 million RWA vault committed.

The product portfolio extends beyond the core L1 into ecosystem and developer infrastructure, including the Pharos Portal, PharosScan block explorer, Native to Pharos ($10M+ Hong Kong incubator), RealFi Alliance partner program, AI Agent Carnival (Anvita-powered), Agent Center, Pharos Skill Engine, and ExVul security audit grants ($1.25M). Pharos integrates with Circle (USDC, CCTP), Centrifuge (tokenized treasuries), KUN (cross-border payments), Babylon and Eigenlayer (restaking), Anchorage Digital (regulated custody for the token generation event), and HTX (PROS/USDT spot listing from June 22, 2026). Notable commercial anchors include GCL New Energy (renewable energy tokenization, ~$1B valuation round), Ant Digital Technologies (incubating a $1.5B RWA exchange pipeline), Sumitomo Corporation (Series A co-lead), and KUN (supply chain credit and cross-border settlement).

Pharos operates a token-and-usage-based revenue model: gas is paid in PROS for transactions on the L1 and SPNs, validators earn via the Adaptive Restaking Interaction Protocol, and ecosystem economics are reinforced by an enterprise field-sales motion for institutional RWA partners, a developer- and product-led motion via the Pharos Portal and Agent Center, and a community-led motion across Discord, X, and LinkedIn (1.5M+ community followers, 174M reported testnet wallets, 3B testnet users). Its customer base spans institutional RWA issuers and fintechs (GCL New Energy, Ant Digital Technologies, Sumitomo Corporation, Flow Traders, Tulipa Capital), developers and protocol builders (dApp, SPN, and AI-agent creators), DeFi lenders (R25/Axil, Avalon Labs, TermMax), cross-border payment enterprises (KUN), and AI-agent developers.

Name

Pharos

Legal name

Pharos

Website

https://pharosnetwork.xyz

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Pharos builds a modular, EVM-compatible Layer-1 blockchain with parallel execution, dual VMs, and protocol-level compliance primitives, serving institutional RWA issuers, DeFi protocols, cross-border payment firms, and on-chain AI agent developers through its PROS token and RealFi Alliance ecosystem.

Ownership category

akta.pro rank

Product category

Layer-1 Blockchain Infrastructure

akta.pro primary industry

Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)

akta.pro secondary industries

Compliance, Risk & RegTech for Tokenized Assets (KYC/AML, sanctions, travel rule, reporting) (FSAPAIAH), Cross-Chain Bridges & Interoperability Protocols (FSADAMAG), Testing, Simulation & Local Dev Environments (testnets, forks, fuzzing, CI) (FSAPABAG)

Keywords

• Layer 1 blockchain
• Real world assets
• Smart contract platform
• Decentralized finance
• Tokenization infrastructure

Headquarters

HQ city

Menlo Park

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations

Revenue model

1. PROS Token & Native Asset Economics: Native token (PROS) with a 1 billion total supply launched at mainnet (May 1, 2026), enabling staking, gas, and ecosystem incentives. Token listed for spot trading on HTX (PROS/USDT) starting June 22, 2026.
2. Onchain Gas Fees: Users and dApps pay gas in PROS for transactions executed on Pharos L1 and SPNs, including tokenization, settlement, and smart-contract execution use cases.
3. Restaking & Validator Economics: Validators earn rewards via the Adaptive Restaking Interaction Protocol integrating Babylon and Eigenlayer; SPNs tap excess validator compute for additional yield.
4. Incubator Program ('Native to Pharos'): $10M+ Hong Kong-based incubator offering technical mentorship, AI-driven developer tools, fundraising support, and investor network access to early-stage RWA/DeFi teams. Strategic value includes equity-style upside and ecosystem stake.
5. RWA Exchange Pipeline (with Ant Digital Technologies): Joint incubation of a $1.5B RWA exchange pipeline with Ant Digital Technologies, positioning Pharos to capture transaction- and settlement-related economics from tokenized real-world assets.

Pricing tiers

Go-to-market motion7 records

Distribution channels6 records

Marketing channels7 records

Core offering

Pharos develops and operates a modular, full-stack parallel Layer-1 blockchain (the Pacific Ocean Mainnet) with a dual EVM + WASM runtime, sub-second finality, and 30,000 TPS throughput, packaged with Special Processing Networks (SPNs) and protocol-level ZK-KYC/AML compliance primitives. Around this core, Pharos sells the PROS native token for gas and staking, the $10M+ "Native to Pharos" incubator program for RWA/DeFi builders, the AI Agent Carnival and Skill Engine for onchain AI agents, and grants for security audits and ecosystem development.

Product overview

Pharos is a platform-plus-modules Layer-1 blockchain architecture composed of the core Pharos Network (Pacific Ocean Mainnet) backed by the Pharos Modular Stack (L1-Base, L1-Core, L1-Extension) and extensible through SPNs (Special Processing Networks). At the product level, this is delivered as the EVM-compatible Pacific Ocean Mainnet, the underlying Pharos Testnet, the PharosPort ecosystem portal, PharosScan block explorer, and the Pharos Docs site. Wrapped around this core, Pharos offers the PROS native token, the RealFi Alliance partner program, the $10M+ Native to Pharos builder/incubator program, the AI Agent Carnival and Agent Center for on-chain AI agents, the Pharos Skill Engine for building agent skills, the Developer Center for Foundry/Hardhat/Rust tools, and a Community Center. Together these products deliver real-time, compliant onchain finance and AI-driven applications for tokenized real-world assets, payments, and intelligent agents.

Differentiator

Problem solved

Functional benefit

Brands

• Native to Pharos: $10+ million Hong Kong-based incubator/builder program offering technical mentorship, go-to-market guidance, fundraising support, and AI-driven developer tooling to early-stage teams building financial products that connect tokenized real-world assets to decentralized finance on the Pharos blockchain.
• RealFi Alliance
• Pacific Ocean

Products and services

• Pharos Network (Pacific Ocean Mainnet) A high-performance, EVM-compatible modular Layer-1 blockchain combining modular architecture, deep-parallel execution, and a dual VM (EVM + WASM) to deliver sub-second finality, 30,000 TPS, and 2 Gigagas/second throughput, with built-in ZK-KYC/AML compliance modules for real-world finance.
• Special Processing Networks (SPNs) Application-specific networks integrated tightly with the Pharos mainnet while operating independently, each with its own execution engine, validator set, restaking incentives, and governance, supporting HFT, ZKML, and AI model workloads.
• PROS Token Native utility token of the Pharos Network with a 1 billion total supply, used for gas, staking, and ecosystem incentives; listed for spot trading (PROS/USDT) on HTX from June 22, 2026.
• Native to Pharos Builder/Incubator Program $10M+ Hong Kong-based incubator offering technical mentorship, AI-driven developer tools, go-to-market guidance, fundraising support, and investor network access to early-stage teams building RWA, DeFi, and AI agent products on Pharos.
• AI Agent Carnival Program powered by Anvita for building AI-powered applications on Pharos: "Create Like a PRO. Build Skills. Launch Agents." Enables developers to create the next wave of AI-powered onchain applications.
• Pharos Skill Engine Developer framework that enables building skills and capabilities for on-chain agents operating on Pharos, supporting autonomous decision-making and onchain financial interactions.
• Cross-Chain Infrastructure Native support for cross-SPN and cross-chain communication enabling atomic execution, shared data, and multi-VM interactions, with x402 protocol support for interoperability across the Pharos ecosystem.
• RealFi Alliance Alliance for scaling onchain finance beyond stablecoin yield loops, bringing together Circle, Avalon Labs, TermMax Finance, Primus, and Tulipa Capital to build productive capital infrastructure and co-distribute RealFi products on Pharos.

Quantifiable outcome

• 30,000 transactions per second with sub-second finality and 2 Gigagas per second throughput
• +7 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

AI capability7 records

Feature7 records

Partnerships

18 partnerships are on record, tiered core, minor and flagship.

• HTXcoreChannel Partner/ Reseller/ Distributor · 1 June 2026Global cryptocurrency exchange founded in 2013 listing PROS (Pharos Network) for spot trading with the PROS/USDT trading pair from June 22, 2026, providing market access to HTX's user base and trading infrastructure.
• Avalon LabscoreStrategic or Co-development Partner · 1 June 2026RealFi Alliance member contributing Bitcoin-backed lending infrastructure to scale productive capital across onchain finance beyond stablecoin yield loops.
• TermMax FinancecoreStrategic or Co-development Partner · 1 June 2026RealFi Alliance member contributing onchain fixed-income products within the Pharos productive-capital stack.
• PrimuscoreTechnology or Integration · 1 June 2026RealFi Alliance member contributing zkTLS trust and compliance layers to the Pharos onchain finance stack.
• Tulipa CapitalcoreStrategic or Co-development Partner · 1 June 2026RealFi Alliance member contributing institutional capital allocation frameworks to the Pharos productive-capital infrastructure.
• KUNcoreStrategic or Co-development Partner · 1 May 2026Strategic partnership to tokenize supply chain credit assets (trade invoices, receivables) and enable compliant on-chain cross-border payment settlement. Initial focus includes supply chain credit tokenization, native on-chain settlement of digital assets, crypto-backed virtual cards, and compliant payment rails for commodities, B2B e-commerce, and service trade.
• CertiKminorGTM or Marketing Partner · 1 May 2026Co-hosting an exclusive invitation-only sunset networking event at Consensus 2026 in Miami Beach (May 5, 2026), with a panel discussion focused on trust, transparency, and collaborative security in blockchain infrastructure.
• ImmunefiminorGTM or Marketing Partner · 1 May 2026Co-hosting the Consensus 2026 sunset networking event with Pharos and other Web3 security organizations in Miami Beach.
• Crystal IntelligenceminorGTM or Marketing Partner · 1 May 2026Co-hosting the Consensus 2026 sunset networking event with Pharos and other Web3 security organizations in Miami Beach.
• BeInCryptominorGTM or Marketing Partner · 1 May 2026Co-hosting the Consensus 2026 sunset networking event with Pharos and other Web3 security organizations in Miami Beach.
• CircleflagshipTechnology or Integration · 1 March 2026Deployed USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) on Pharos Mainnet to power a RealFi settlement layer with trusted dollar-denominated settlement assets and seamless cross-chain transactions. Circle is also a RealFi Alliance member (announced June 24, 2026).
• Anchorage DigitalcoreTechnology or Integration · 1 March 2026Federally chartered digital assets bank providing end-to-end infrastructure for Pharos Network's token generation event, including token minting, secure distribution to venture investors, and ongoing custody services within a fully regulated environment.
• CentrifugecoreTechnology or Integration · 1 February 2026Partnership to develop infrastructure for distribution and operation of tokenized U.S. Treasuries and AAA-rated structured credit, leveraging Centrifuge's asset tokenization standards and Pharos's high-performance Layer 1 to enhance transaction speed and compliance. Centrifuge is also an inaugural strategic partner of the $10M+ Native to Pharos incubator.
• Ant Digital Technologies (Ant Group)flagshipStrategic or Co-development PartnerPharos is partnered with Ant Digital Technologies to incubate a $1.5B RWA exchange pipeline. Ant Group's R25 protocol has deployed the Axil Consumer Credit Vault on the Pharos blockchain, raising $50M in pre-deposits. Pharos itself was founded by former Ant Group leadership.
• R25 ProtocolcoreStrategic or Co-development PartnerRealFi Alliance member collaborating on real-yield product designs. Ant Group-backed R25 launched the Axil Consumer Credit Vault on Pharos blockchain, raising $50M in pre-deposits within 48 hours.
• Ember ProtocolcoreStrategic or Co-development PartnerRealFi Alliance member collaborating on real-yield product designs to scale productive capital on Pharos.
• Draper DragoncoreStrategic or Co-development PartnerInaugural strategic partner of the $10M+ 'Native to Pharos' incubator program in Hong Kong, supporting go-to-market and fundraising mentorship for early-stage RWA/DeFi teams.
• Web3LabsminorGTM or Marketing PartnerPartnered with Pharos and Consensus to run the Global Web3 Developer Conference (GWDC) hackathon in Hong Kong, where the inaugural 'Native to Pharos' incubator cohort was recruited.

Scale indicators16 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Sei Network: Sei is a high-performance Layer-1 optimized for trading and DeFi, with parallel execution and EVM compatibility. Like Pharos, it targets sub-second finality and institutional-grade finance workloads on a fast L1.
• Monad: Monad is a parallel-execution, EVM-compatible Layer-1 emphasizing high throughput and low fees. It competes head-on with Pharos for high-performance EVM L1 mindshare and developer adoption.
• Aptos: Aptos is a Layer-1 using Block-STM parallel execution and the Move language to deliver high throughput. It is one of the closest architectural comparables to Pharos's parallel-execution, modular L1 thesis.
• Sui: Sui is a high-throughput Layer-1 with parallel transaction execution and an object-centric model. It competes for institutional and DeFi workloads where low-latency, high-TPS execution is critical.
• Berachain: Berachain is an EVM Layer-1 focused on DeFi liquidity and novel token-incentive models. Like Pharos, it is positioning around real-yield DeFi and institutional-grade onchain finance.
• Initia: Initia is a modular Layer-1 with an intertwined L2 ecosystem (Minitias) and EVM compatibility. Its modular architecture and focus on app-specific chains are closely analogous to Pharos's SPN design.
• Plume Network: Plume is a modular L1/L2 purpose-built for real-world asset tokenization. It directly overlaps Pharos's RWA thesis and compliance-friendly infrastructure positioning.
• Manta Network: Manta is a modular L1/L2 focused on programmable privacy, ZK identity, and RWA/DeFi applications. Its modular stack and ZK-based compliance primitives overlap with Pharos's architecture and RealFi use cases.
• Hyperliquid: Hyperliquid is a high-performance L1 tailored for perpetual and spot trading with onchain order books. It competes for the same latency-sensitive, institutional-DeFi workloads that Pharos targets with its parallel-execution L1.

Broad incumbents

• Solana: Solana is the dominant high-throughput, EVM-compatible-adjacent Layer-1 with a mature validator set, deep liquidity, and institutional adoption. It is the broad incumbent Pharos must differentiate against on performance, RWA focus, and compliance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/pharos_network
• LinkedInlinkedin.com/company/pharosnetwork

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds3 records

Investors15 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pharos