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Pharos – Weekly Recap

Pharos, a Layer-1 blockchain focused on real-world asset (RWA) tokenization and RealFi, saw a pivotal week as its native PROS token secured listings on two major global exchanges. Bitget’s Universal Exchange opened spot trading for the PROS/USDT pair on April 28, 2026, with withdrawals enabled from April 29, broadening access and liquidity for both institutional and retail participants.

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The Bitget listing exposes Pharos to a large global user base and deep liquidity pools, which could support higher trading volumes and smoother price discovery for PROS. Built with an EVM-compatible, modular architecture that processes transactions in parallel, the network is designed for high-volume, low-latency activity, aligning with its ambition to handle large-scale capital flows and institutional-grade RWA issuance.

Pharos also achieved a significant milestone with MEXC listing PROS in its Innovation Zone on April 28, 2026, offering trading pairs against USDT and USDC. This second major listing in the same week further diversifies market access and enhances global visibility, positioning PROS for broader participation across different trading venues and user segments.

To support the MEXC debut, Pharos launched an Airdrop+ campaign distributing 41,667 PROS and 10,000 USDT to users who deposit and trade PROS between April 27 and May 11. This incentive program is structured to accelerate initial token circulation and user onboarding, potentially deepening liquidity while encouraging early engagement from the exchange’s active trading community.

Strategically, Pharos differentiates itself by embedding institutional-grade compliance at the protocol layer, targeting the regulatory and operational requirements of traditional finance institutions. The project has raised about $52 million from a mix of traditional and crypto-native investors, including Sumitomo and Hack VC, signaling strong early backing and providing resources to build out its RealFi ecosystem.

By integrating with protocols such as Morpho for native lending and Bitverse for high-speed trading, Pharos aims to deliver a full-stack environment for on-chain financial products tied to real-world assets. The combination of dual major exchange listings, incentive-driven user acquisition, and a compliance-focused infrastructure underscores a constructive week for the company, strengthening its position in the emerging RWA and institutional DeFi landscape.

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