Pharos

Pharos is an ultra-fast, EVM-compatible blockchain platform, designed to revolutionize finance by seamlessly connecting traditional and decentralized systems. Our deep-parallel architecture enables internet-scale performance, empowering trustless innovations and unlocking new possibilities in Web3.

Seed Round: $8M

Pharos Testnet is LIVE. Explore here: https://testnet.pharosnetwork.xyz/

Whitepaper

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What is Pharos

Pharos Network offers a high-performance Layer-1 blockchain platform compatible with EVM, aiming to solve scalability issues in decentralized applications. While Ethereum and EVM remain dominant in Web3 and DeFi, existing EVM-compatible chains face throughput limitations. Pharos addresses this with an innovative parallel architecture.

At the core of the network is Pharos VM (Dora) — a modern virtual machine delivering high performance, stability, and interoperability. Through deep optimizations across all layers — from the database to consensus — the platform supports parallel execution, superscalar processing, and a unified intermediate representation (IR) for both EVM and WASM.

The network is designed for use cases such as fully on-chain DEXs, real-time payments, institutional-grade RWAs, and scalable DePIN solutions. Leveraging geographic decentralization and diverse hardware/software support, Pharos drives widespread blockchain adoption and on-chain innovation.