Pharos is a cutting-edge, modular Layer 1 blockchain built with a parallel-processing architecture to support high-performance DeFi and real-world asset (RWA) applications. It offers full EVM compatibility, near-instant (1-second) finality, and super-high throughput—up to 30,000 TPS and programmed to reach 50,000 TPS—all while integrating compliance tools like ZK-KYC/AML at the core 

Pharos raised $8 million in a seed round on November 8, 2024, co-led by Lightspeed Faction and Hack VC, with participation from SNZ Capital, Reforge, Dispersion Capital, Hash Global, Generative Ventures, Legend Star, MH Ventures, Zion, and Chorus One 

On May 7, 2025, Pharos launched its public Testnet designed for enterprise-grade RWAs and DeFi, showcasing its high speeds, modular design, and support for institutional use cases.

Available Metrics on LayerHub

Thanks to LayerHub’s integration, users can seamlessly monitor crucial Pharos metrics, analyze trends, and evaluate their engagement levels in various ecosystem activities. The following metrics are now accessible:

  • Daily Transaction Count.
  • Wallets by Number of Transactions.
  • Wallets by Number of Interacted Contracts.
  • Daily Active Wallets.
  • Wallets by Active Days.
  • New Wallets on Pharos.
  • Wallets by $PHRS Balance.
  • Wallets by Number of Created Contracts.
  • Daily Contracts Created.

These insights allow Pharos ecosystem participants to better understand network dynamics and their level of engagement.

Wallet Checker

Wallet Checker tool allows users to analyze their wallet interactions within the project. With this tool, participants can check their ranking, transaction history, engagement levels, and overall contribution to the ecosystem.

  • Wallet ranking – position among all participants.
  • Transaction count and contract interactions.
  • Active days within the network.
  • Total balance.

How to Reach the Top 10% of Users

LayerHub analytics help identify the key factors for ranking in the top 10% of Pharos users. Based on current trends, achieving this status requires:

Total number of transactions and wallets by number of transactions

The total number of transactions to date is 271M, which is quite a lot in such a short period of time.

More than 76% of wallets have made less than 5 transactions, so to get into the top 10% you need to make at least 37 transactions.

Wallets by Active Days and New Wallets on Pharos

The increase of wallets is rapid and large, and amounted to 12.5M wallets.

More than 73% of wallets (9,145,183) were active for 1 day, so to get into the top 10% you need to be active for at least 8 days.

Wallets by Number of Interacted Contracts

From the total number of participants, only 27% of wallets interacted with at least 1 contract, from which 54% interacted with less than 5 contracts. Therefore, to get into the top 10% you need to interact with at least 3 contracts.

Only 6% of all wallets created at least 1 contract, from which 93% created 1 contract. To get to the top, it is enough to create 1 contract.

Conclusion

To be among the top 10% of Pharos Testnet participants, you should:

  • Completing at least 37 transactions.
  • Interacting with at least 3 different smart contracts.
  • Create at least 1 contract.
  • Holding a balance of at least 0.6 $PHRS.
  • Maintaining activity for at least 8 days.

The listing of Pharos on LayerHub enhances network transparency and usability for both users and investors. Now, everyone can track key metrics, analyze their activity, and optimize their participation in the ecosystem. Stay updated with the latest analytics and insights on Pharos through LayerHub!