Pharos (PROS)
Pharos ranks #65 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #336: 271 of the 335 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 347 non-native assets CoinSpectrum lists above it by market cap, about 49% are claims on other assets, 44% are tokens, 6% are memecoins and 1% are NFT collections.
| CoinSpectrum Grade | A · 63/100 · provisional, B to A |
|---|---|
| Rank among cryptocurrencies | #65 |
| Rank counting claims | #336 |
| Market capitalisation | $71M |
| Price | $0.5223 |
| Circulating supply | 135,600,000 PROS |
| Maximum supply | no fixed cap |
| Consensus family | Proof of Stake |
| Consensus mechanism | AsyncBFT |
| Ledger type | Multi-asset ledger |
| Launch distribution | Presale |
Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.
CoinSpectrum Grade (Source)
A — 63 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 54 to 72 (B to A).
| Section and criteria | Score | Basis |
|---|---|---|
| Consensus | 9.1 | average of 2 criteria |
| By leader (its largest chain's market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of consensus families ranked by their largest chain's market cap |
| By family (all its chains' market cap) (Source) | 9.1 | Proof of stake: 9.1 of 10 on the ladder of families ranked by the combined market cap of their chains |
| Supply | 8.3 | the supply scale times 0.9, and a point for a fixed cap that holds |
| Supply (21 million scores 10) | 9.2 | no fixed maximum; 136 million in circulation |
| Distribution | 6 | average of 3 parts |
| Holder concentration (Source) | – | Not yet measured |
| Active addresses | – | Not yet measured |
| Premine (allocated at launch) | 0 | 100% of today's supply allocated at launch to founders, a company, a foundation or investors. 1B PROS were allocated at the 28 Apr 2026 TGE/mainnet launch (ecosystem & community 21% incl. 6% airdrop, team 20%, investors 20%, foundation 16%, node & liquidity incentives 14%, Labs Co. 9%); staking inflation was 0% for the first six months, so current supply is still the 1B genesis (CoinGecko total 1B). source |
| Fundraising (share sold) (Source) | 8 | Sold by its issuer or insiders: 20% of supply sold. Investors in the $8M seed and $44M Series A ($52M at ~$0.26/PROS) hold the 20% investor bucket = 200M PROS; no public sale. 200M / 1,000,000,000 PROS total (CoinGecko, 2026-10-24) = 20.0%. $8M seed (~Nov 2024, co-led by Lightspeed Faction and Hack VC) and $44M Series A (Apr 2026; strategic investors incl. Sumitomo, SNZ, Chainlink, Flow Traders) - $52M total, investors at ~$0.26 per PROS; no public sale. source |
| Developer share (after launch) | 10 | No developer share: every new coin goes to the miners or validators who produce blocks. Staking inflation was 0% for the first six months after the 28 Apr 2026 mainnet and is set at 5% a year from month seven, paid to validators and stakers; the foundation may adjust the rate. No treasury or foundation share of issuance is documented, and supply is still the 1B genesis. Based on published tokenomics only; chain parameters were not checked. source |
| Decentralisation | 2.5 | average of 2 parts |
| Governance (Source) | – | Not yet researched |
| No central team (Source) | 0 | A central team directs it: Pharos Network builds the only client; no public node-client repository or releases located. source |
| Who can mint (Source) | 5 | Gated by stake rank: only a capped set of the largest stakes produces blocks |
| Nodes (Source) | – | Not yet counted |
| Security | 6.3 | 2.5 of 4 points, 4 not yet measured source |
| Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points) | – | |
| Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points) | 7.1 | about 57,300 transactions a day |
| Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point) | 1 | not mined: another consensus, 1 |
| Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point) | – | |
| Open source (Node software) | – | |
| No 51% attack (Nor a deep reorganisation, five years) | ✓ | |
| Scalability | 7.3 | average of 5 parts source |
| Fees ($0.001 or less 10, $1 or more 0) | 10 | typical fee $0.00013 |
| Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5) | 10 | about 48,100 simple transactions a second |
| Block time (10 minutes 10, less either side) | 0 | a block every 0.99 seconds |
| Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth) | 10 | 62.5 MB limit (converted from its gas, compute, mass or count limit), 37900 MB per 10 minutes |
| Features (3 checks) | 6.7 | 2 of 3 passed |
| Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11) | ✓ | AsyncBFT gives deterministic sub-second finality with ~0.9 s blocks. |
| Pruned nodes (Old history dropped, every rule checked · Whitepaper §7) | ✓ | Pharos node v0.11+ AutoPruning deletes old data to manage disk space. |
| Light clients (Payments verified from headers · Whitepaper §8) | ✗ | No light-client protocol documented. |
| Privacy | 3.5 | 3.5 of 10: whitepaper privacy 3.5 of 7, extra features 0 of 3, 1 not yet researched source |
| Protocol level privacy (Keys not tied to an identity · Whitepaper §10) | 10 | Any secp256k1 key can hold and send PROS; the chain's account and transfer rules carry no identity check. |
| UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9) | 0 | An account ledger: one running balance for each address, so the remainder stays at the sending address and its payments share one public history. |
| HD addresses (A new address for each payment, unlinked · Whitepaper §10) | – | |
| Hidden amounts (Amounts confidential) | 0 | No confidential transactions documented. |
| Hidden parties (Sender and receiver hidden) | 0 | No sender or receiver hiding documented. |
| Network privacy (Origin hidden by default) | 0 | No transaction-origin hiding documented. |
| Programmability | 8.8 | 7 of 8 points, 1 not yet researched source |
| Token issuance (At protocol level) | 2 | ERC-20 contracts on its EVM (chain ID 1672), live since the Pacific Ocean public mainnet of 28 April 2026. |
| Smart contracts (General-purpose) | 2 | An EVM (chain ID 1672) open to any account since the public mainnet of 28 April 2026. |
| Multisig and time locks (Without a third party) | ✓ | Multisig and timelock contracts on the EVM. |
| Atomic swaps (With other chains) | ✓ | EVM HTLC contracts (hash lock plus timelock refund). |
| Native DEX (Trades the coin itself, not a claim) | ✗ | No DEX found trading the coin itself: none on its own chain (DefiLlama), and not on THORChain, Maya, Chainflip, Komodo DeFi, BasicSwap, Bisq or Haveno (checked 2026-11-04). |
| Cross-chain messaging (Verified by the chain itself) | – | The docs describe a cross-chain interoperability protocol in the Transaction Layer only in general terms; how it is verified and whether it is live on mainnet is not stated. |
| NFTs (Carried by the chain's rules) | ✓ | ERC-721 contracts on the EVM. |
| Demand | 6.3 | average of 7 measures |
| Exchanges (10 or more: 10) | 10 | 13 exchanges |
| Daily volume ($10K 0, $1B or more 10) | 3.8 | $1,847,026 traded in 24 hours; #730 by volume on the exchanges the site reads (scored on the median day of the last 30, $801,423) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 6.3 | 1.0% of its market cap a day, median of the last 30 days |
| Order-book depth (±2% of the price ÷ market cap, 1%: 10) | 9.9 | $655,940 within 2% of the price on 6 exchanges, 0.93% of its market cap, median of the last 15 days |
| Market cap ($1M 0, $10B or more 10) | 4.6 | $71M, 4.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.2 | futures, options and margin positions 3.1% of its market cap |
| Wallet support (wallets that hold it, 10 or more: 10) | 1 | its own node and wallet, counted as 1: no wallet in the site's directory lists it yet |
| Record | 5.3 | average of 3 criteria |
| Age (years since genesis) (Source) | 0 | 0 full years since 2026-04-28, the first day with a recorded price (genesis not yet researched, so the age can only be understated). |
| Development (work, fixes, vulnerabilities) | 6 | 1 positive, 0 negative, 5 not yet researched source |
| Positive | ||
| Steady work, 6 of 6 | ✓ | No public node-client releases located (PharosNetwork GitHub holds SDKs, contracts and ops repos updated to Oct 2026); mainnet launched 2026-04-28. Not verified against releases. |
| Not yet researched | ||
| Shipped a security fix in two years | – | |
| Shipped a privacy improvement in two years | – | |
| Shipped a scaling upgrade in two years | – | |
| Shipped a new capability for users in two years | – | |
| Unfixed vulnerabilities and exploits | – | |
| Conduct (origin, claims, halts) | 10 | 3 positive, 0 negative source |
| Positive record | ||
| Launched with a stated purpose, not as a joke | ✓ | |
| No claims by its founders that contradict its own design | ✓ | |
| No halt, freeze or reversal in five years | ✓ | |
Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
Proof of Stake coins
Ethereum ETHA+
BNB BNBA
Solana SOLA+
Kava KAVAA
Qtum QTUMA
peaq PEAQA
Mina Protocol MINAAAll Proof of Stake chains →Proof of Work coins
Bitcoin BTCA+
Zcash ZECA+
Dogecoin DOGEA+
Monero XMRA+
Bitcoin Cash BCHA++
Litecoin LTCA+
Ethereum Classic ETCAAll Proof of Work chains →Supply
135,600,000 PROS are in circulation, against no fixed cap — issuance has no defined end.
Launch and allocation
| Premine (allocated at launch) | 100% of today's supply |
|---|---|
| Sold by the issuer or insiders | 20% of today's supply |
| Developer share received since launch | 0% of today's supply |
| Developer share of new coins today | 0% |
| Fundraising | Private or venture funding |
1B PROS were allocated at the 28 Apr 2026 TGE/mainnet launch (ecosystem & community 21% incl. 6% airdrop, team 20%, investors 20%, foundation 16%, node & liquidity incentives 14%, Labs Co. 9%); staking inflation was 0% for the first six months, so current supply is still the 1B genesis (CoinGecko total 1B).
$8M seed (~Nov 2024, co-led by Lightspeed Faction and Hack VC) and $44M Series A (Apr 2026; strategic investors incl. Sumitomo, SNZ, Chainlink, Flow Traders) - $52M total, investors at ~$0.26 per PROS; no public sale.
Investors in the $8M seed and $44M Series A ($52M at ~$0.26/PROS) hold the 20% investor bucket = 200M PROS; no public sale. 200M / 1,000,000,000 PROS total (CoinGecko, 2026-10-24) = 20.0%.
Staking inflation was 0% for the first six months after the 28 Apr 2026 mainnet and is set at 5% a year from month seven, paid to validators and stakers; the foundation may adjust the rate. No treasury or foundation share of issuance is documented, and supply is still the 1B genesis. Based on published tokenomics only; chain parameters were not checked.
Sources: tokenomist.ai · coingecko.com · gate.com · app.tokenomics.com · altfins.com · tradeinformer.com. Researched 2026-10-24, medium confidence.
What a regulator has said
No SEC/CFTC determination — unclassified.
The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.
How CoinSpectrum ranks Pharos
Pharos is #65 among cryptocurrencies and #336 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 271 places between Pharos's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.
The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).