bitcoinvalues

DeFi on Pharos

9 of the DeFi protocols we track hold $281.4M on Pharos. R25 is the largest with $134.0M there, 48% of the chain's total. For 2 protocols, Pharos is their largest deployment.

Value locked on Pharos
$281.4M
Protocols deployed
9
Main chain for
2

Largest protocols on Pharos

All protocols on Pharos

Protocols on Pharos
#ProtocolOn chainSectorTVL7dFees 24h
1R25$134.0MReal-world assets$133.8M-0.1%–
2Morpho$69.32MLending$11.29B+3.0%$660.7K
3Ember Protocol$30.66MOn-chain capital allocators$120.2M+0.1%$12.52K
4BitFi$27.70MBasis trading$325.8M+0.5%$2
5RockawayX$11.13MRisk curators$298.4M-2.5%$26.83K
6Reservoir Protocol$3.91MCDPs$71.63M-2.1%$18.00K
7CCIP$3.40MOracle$1.91B+2.3%$6.74K
8FaroSwap$1.22MDEXs$1.26M+5.3%–
9Avalon$55.02KYield$252.4M+5.0%$0

On Pharos is the value a protocol holds on this chain; TVL is its total across every chain. 7-day change and fees are for the whole protocol.

TVL, fees and categories from DefiLlama, collected by the BitcoinValues data desk. Updated 4 Oct 2026, 18:23 UTC. Methodology