Pharaoh Exchange vs Project X

Pharaoh Exchange

Pharaoh Exchange

Dexs

Pharaoh Exchange is an Avalanche-based DEX using the metaDEX x(3,3) AMM, aiming for fluid trading with limited current adoption.

πŸ‘‘ Overall Winner
Project X

Project X

Dexs

Project X is a high-volume decentralized exchange on Hyperliquid L1, focused on optimizing distribution, incentives, and user experience.

Metric Pharaoh Exchange Project X
Volume (24h) $44.4M $95.5M πŸ†
Volume (7d) $55.4M $433.3M
Volume (30d) $408.3M $3.09B
TVL $40.7M $41.3M πŸ†
Supported Chains 1 1
Fees (24h) $2K $31K πŸ†
Fees (7d) $30K $399K
Fees (30d) $260K $2.8M
Revenue (24h) $2K $4K
Revenue (30d) $251K $398K
Market Cap $1.6M N/A
FDV $10.0M N/A
Trading Pairs 29 107 πŸ†
Supported Coins 20 37
Year Established 2025 2025
Audit Status Not Audited Not Audited
πŸ† Project X leads 4:0

Pharaoh Exchange β€” Supported Chains (1)

Avalanche

Project X β€” Supported Chains (1)

Hyperliquid L1

πŸ“ˆ Historical Trends

Left axis = Pharaoh Exchange (purple), Right axis = Project X (green) β€” independent scales

TVL (Total Value Locked)

Total USD value of assets deposited, representing user trust and liquidity depth.

Daily Trading Volume

Total trading volume over 24 hours, indicating platform activity and market-maker opportunities.

Daily Fees

Total trading fees paid by users, representing the gross value created for Liquidity Providers (LPs).

Daily Revenue

The portion of fees distributed to token holders or the protocol treasury, showing actual protocol profitability.

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