Market snapshot for Pharaoh Exchange Legacy
Decentralized (DEX). Trust rank 429. Reported 24h volume 0.15 BTC.
Coverage: 13 active pairs across 9 tradable assets. Liquidity profile: Low. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 99.3%. Key pairs include ART/WAVAX, PHAR/USDC, PHAR/WAVAX, AVUSD/STAVAX. Leading pair ART/WAVAX. Median spread on leading markets 0.62%.
Liquidity structure and trading conditions
Volume mix: WAVAX is the largest tracked quote currency at about 46.3% of measured flow. Data scope: 13 tickers observed, with spread readings on 13 markets. Trust rank summarizes relative standing among peers, and 24h BTC volume adds context on how active the venue is right now. Coverage is a breadth check, more pairs and assets generally mean more choice when conditions shift. Concentration shows whether turnover is clustered in a small set of pairs or spread across the book. Median spread summarizes typical distance between bid and ask on the most active books and is a useful proxy for execution friction. A smaller pair set often means the leading markets drive most outcomes, so focus on the top pairs and spread conditions. A high top ten share suggests the venue is leader driven, so secondary pairs may react more during volatility. To evaluate fit, use coverage, concentration, spread.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy

