Buyback Radar

Pharaoh Exchange PHAR

Sell signal activeRank#16▲2Score47

Sell signal since Nov 6. REV30 fell to 0.5× of the previous 30 days; REV ratio 0.9×, HR ratio 0.9×. Still open: gradual decline over 30 days still holds. See Signals.

Dexs, Avalanche, 192 days of data

Active signals 3

  • Sell signalsince Nov 6

    Revenue over 30 days $1.3M, about half the 30 days before ($2.7M).

    Gradual decline over 30 days: revenue this week $267k, 0.9× the week before, paid to holders 0.9× the week before. Still open: gradual decline over 30 days still holds.

  • New in top 20since Nov 9

    Ranked #16 on Nov 11, up from #18 the day before.

  • Multiple below mediansince Oct 30

    Multiple 0.3×, below the 19.5× median of Dexs (13 tokens).

Market cap

$2.6M

price $0.052 · 7d −0.9% · 30d −40.5%

FDV $28.4M (10.8× market cap)

source defillama

Counted per year

$7.9M

holders revenue of the last 30 days, $1.3M, × 365 ÷ 30, × type factor 0.5 (payouts to vote lockers count 50%)

ve / bribesbuyback share 100%

Pays out 599% of its market cap a year, using 100¢ of every $1 it earns.

Not a buyback: counts for 50% in the multiple (type factor 0.5), so the denominator is $7.9M instead of $15.8M.

Multiple

0.3×

peer median 19.5× (Dexs, 13 tokens), against 0.3× here

Run-rate

0.4×

last 7 days $265k × 52 × 0.5 (type factor) = $6.9M a year

last week's payout in line with the 30-day pace

What we checked

  1. Valuation

    Multiple 0.3× (type factor 0.5: payouts to vote lockers count 50%), 58.4× cheaper than its Dexs peers (median 19.5×, 13 tokens). The group's largest earner Uniswap trades at 37.3×: 112× cheaper per dollar returned to holders. On total revenue: 0.2×, 101× cheaper than the revenue peer median.

  2. Distribution

    ve / bribes: Includes bribes and vote incentives from third parties paid to vote-escrow lockers; no buy pressure on the token. Holders got $1.3M of $1.3M revenue in 30 days → buyback share 100%. DefiLlama: “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

  3. Sustainability

    Holders were paid on 30 of 30 days (100%); largest single day 7% of the month's holders revenue; paid to holders this week: 31% of the best week in 90 days (more than half below peak). Revenue −13% over 7 days and −52% over 30 days, price −41% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

  • Sell signalactive since Nov 6; REV30 fell to 0.5× of the previous 30 days; REV ratio 0.9×, HR ratio 0.9×. Still open: gradual decline over 30 days still holds. See Signals
  • Payout >50% below peakthis week's holders revenue is 31% of its best week in the last 90 days ($845k)

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d)
$1.3M / $1.3M
last 30 closed days
To holders
Pays out 599% of its market cap a year
FDV / dilution
$28.4M / 10.8×
FDV ÷ market cap
Price 7d / 30d
−0.9% / −40.5%
Revenue growth 7d / 30d
−13% / −52%
versus the period before
Divergence
0.00
revenue growth minus price growth, 30d
DEX liquidity
$928k
DexScreener, representative pools
24h volume
$56k
all markets, CoinGecko
Unlocks 30d
—
DefiLlama's schedule does not cover the next 30 days while tokens are still locked
Revenue multiple
0.2×
market cap ÷ revenue per year
Fee multiple
0.2×
market cap ÷ fees per year
Distance to peak
31%
this week ÷ best week of 90 days
Data since
May 4
first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)▲ ▼ signal days (history below)

Multiple over time

today 0.3× (scored) · peer median 19.5×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

Signal history of this token: date, type, price at the signal, price after 7 and 30 days, change since the signal and the outcome
DateSignalPrice thenAfter 7dAfter 30dSinceOutcome
November 10, 2026New in top 20active$0.054——−4%30-day check: day 2
November 10, 2026Day jumpclosed Nov 12: REV $33.1k on 2026-11-11 below 1.5 × the old average $28.3k$0.0544——−4%30-day check: day 2
November 7, 2026Sell signalactive$0.0496——+5%30-day check: day 5
October 30, 2026New in top 20closed Nov 1: now ranked #25$0.0524−10%—−1%not counted
October 31, 2026Multiple below medianactive$0.0524−10%—−1%30-day check: day 11

Versus peers

Dexs · 13 tokens · median multiple 19.5× · Uniswap is valued 1405.9× higher. Per dollar that counts for holders, Pharaoh Exchange is 111.8× cheaper.

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
TokenDistributionMultipleRevenue multipleBuyback shareTo holders 30dMarket capRev. growth 30d
Pharaoh Exchangethis tokenve / bribes0.3×0.2×100%$1.3M$2.6M−52%
RamsesXMixed0.7×0.5×97%$368k$2.2M+8%
nestDistribution0.8×0.4×100%$869k$4.4M+32%
upve / bribes2.0×1.0×100%$313k$3.9M−68%
ChainflipBuyback + burn5.4×5.4×100%$520k$34.4M+59%
Aerove / bribes8.7×4.0×96%$7.4M$372.0M−6%
PancakeSwapBuyback + burn19.5×12.8×65%$2.4M$563.6M−29%
RaydiumBuyback27.1×16.8×62%$1.3M$425.4M−65%
Curve Financeve / bribes29.3×11.1×94%$2.6M$374.4M+44%
UniswapleaderBuyback + burn37.3×37.3×100%$8.2M$3.71B−20%
OrcaBuyback47.8×7.9×16%$130k$75.6M−36%
AsterBuyback + burn50.2×∞—$2.8M$1.69B—
MeteoraDistribution180×5.2×18%$458k$161.9M−60%
Score build-up47 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

47of 100#16▲2top 30%
Valuation 35.0Momentum 8.0Divergence 0.0Quality 14.0penalties −10= 46.9
Valuation35%
100Valuation 100.0: HR half 100.0 (multiple 0.33×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 100.0 (revenue peer value 101.38×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.
Momentum25%capped
32Momentum 31.8: m = 0.5·g7 −0.143 + 0.3·(ln(day jump 0.89) clamped ±1.5 = −0.121) + 0.2·g30 −0.732 = −0.255; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.
Divergence20%capped
0Divergence 0.0: d = g30 − p30 = 0.000; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.
Quality20%
70Quality 70.0: mean of days HR>0 100% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 7% of HR30 → 100.0 (0 at ≥60%, 100 at ≤15%), distance to peak 0.31 → 9.9 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).
  • Penalty −10 (dilution_above_4): dilution ratio 10.76 above 4.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penalties−10

−10Dilution ratio above 4dilution ratio 10.76 above 4

9 rules not applied, 3 wait for research data.

Where the numbers come from
Revenue source
5 active children
DefiLlama adapter per child
Price and market cap
defillama / defillama
latest fetch
Scored on
November 11, 2026
as-of date of the last compute run
On-chain verified
not yet
not checked yet
Protocols behind this token5 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

  • Pharaoh DLMM
    Dexs · Avalanche
    type ve-distribution · source label
    “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

    Swap fees and vote incentives distributed to xPHAR voters.

    Token Swap Fees To xPHAR Voters
    Swap fees shared to xPHAR voters.
    Vote Incentives To xPHAR Voters
    Vote incentives distributed to xPHAR voters.
    adapter on GitHub ↗
  • Pharaoh V3 Legacy
    Dexs · Avalanche
    type ve-distribution · source label
    “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

    Swap fees and vote incentives distributed to xPHAR voters.

    Token Swap Fees To xPHAR Voters
    Swap fees shared to xPHAR voters.
    Vote Incentives To xPHAR Voters
    Vote incentives distributed to xPHAR voters.
    adapter on GitHub ↗
  • Pharaoh CL
    Dexs · Avalanche
    type ve-distribution · source label
    “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

    User fees are distributed among holders.

    Token Swap Fees To xPHAR Voters
    Swap fees shared to xPHAR voters.
    adapter on GitHub ↗
  • Pharaoh Legacy
    Dexs · Avalanche
    type ve-distribution · source label
    “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

    All fees are revenue and distributed to xPHAR voters.

    Token Swap Fees To xPHAR Voters
    Swap fees shared to xPHAR voters.
    adapter on GitHub ↗
  • Pharaoh V3
    Dexs · Avalanche
    type ve-distribution · source label
    “Token Swap Fees To xPHAR Voters: Swap fees shared to xPHAR voters.”

    Swap fees and vote incentives distributed to xPHAR voters.

    Token Swap Fees To xPHAR Voters
    Swap fees shared to xPHAR voters.
    Vote Incentives To xPHAR Voters
    Vote incentives distributed to xPHAR voters.
    adapter on GitHub ↗