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PharosPHAROS

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New to Pharos?

Chart your route through the stablecoin market

Start with one route, learn the core terms, then branch into monitoring, research, yield, or alerts only when you need more.

Experienced users can skip this entirely. Everyone else gets the shortest path into Pharos before touching the full product map.

Signal brief

Monitor first. Research second. Move only when the signal is clear.

156

tracked stablecoins

Major fiat issuers, DeFi-native names, non-USD pegs, and metal-backed assets.

18

peg currencies

USD, EUR, GBP, gold, silver, and more in one classification system.

15m

core refresh cadence

Dashboard, PSI, DEWS, and depeg monitoring are built for active market surveillance.

81

failure case studies

The cemetery keeps historical collapse patterns close to the live research surface.

How to read Pharos

Learn the concepts before the acronyms.

You do not need every formula on day one. These are the terms that unlock most of the interface. For the technical model details, move to methodology.

Open methodology

Signal

Peg score

How tightly a stablecoin has held its target over time, including penalties for real depeg events.

Signal

DEWS

The early warning layer. It looks for stress before a full depeg is obvious.

Signal

Safety score

The composite risk grade that rolls peg behavior, liquidity, resilience, decentralization, and dependency into one view.

Signal

Liquidity score

A 0-100 read on how much usable on-chain swap depth and protocol support a coin has.

Signal

Dependency risk

How much a stablecoin secretly leans on other stablecoins or upstream collateral structures.

Signal

PYS

Pharos Yield Score. It adjusts raw yield for the safety of the asset producing that yield.

Signal

PSI

Pharos Stability Index. It is the market-wide stress barometer for the whole stablecoin system.

Feature atlas

Explore the rest of Pharos by job.

Once you know where to start, this map helps you branch into the rest of the product without wandering.

Power moves

Once you are oriented, speed the workflow up.

These shortcuts matter more after the first visit, but they are worth learning early because they remove a lot of friction from repeat use.

Shortcut

Search fast

Press Ctrl/Cmd+K from anywhere to jump straight to a coin page or route.

Best when you already know the ticker and do not want to navigate manually.

Works from any page

Shortcut

Browse by taxonomy

Use the peg, backing, and governance landing pages when you want to scan a category instead of a ticker.

Good for questions like 'show me EUR stablecoins' or 'which DeFi names are crypto-backed'.

Open the directory

Shortcut

Set and forget

Use Telegram when you want Pharos to keep watching after you leave the site.

Best for depegs, DEWS changes, digest delivery, and daily safety-grade moves.

Configure alerts