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Route deck / active surveillance

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.Pharos helps you monitor market stress, research individual stablecoins, compare risk, and set up ongoing surveillance. This page gives you the shortest path into the product instead of asking you to memorize the entire map first.

Skip straight to the dashboard Need the formulas instead?

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.

Route planner

Start with a live surface, then move deeper only when the signal demands it.

156

tracked stablecoins

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

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.

failure case studies

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

Choose your goal

5 live routes

Pick one route. The rest can stay peripheral until you need them.

Optional guide

Route

Check market health

Start with the dashboard, PSI, and current depeg stress.Start with the dashboard, then read PSI and current peg stress before you zoom into any one asset.

DashboardStability IndexDepeg Tracker

Open dashboard

Route

Research one stablecoin

Open the directory, then jump to detail, safety, and liquidity.Use the directory as your launch point, then open the coin page, safety grade, liquidity view, and dependency context.

DirectoryDetail pageSafety + Liquidity

Browse the directory

Route

Compare several coins

Build a shortlist side by side, then pressure-test it in portfolio view.Build a shortlist side by side and pressure-test it with the portfolio lens before you commit size.

ComparePortfolioSafety Scores

Open compare

Route

Find safer yield

Rank opportunities first, then verify the stablecoin before chasing APY.Start from ranked opportunities, then verify the underlying stablecoin risk instead of optimizing for APY alone.

YieldSafety ScoresCoin detail

Open yield intelligence

Route

Set up alerts

Use Telegram for depegs, DEWS shifts, and daily grade changes.Use Telegram if you want Pharos to watch depegs, DEWS band shifts, and daily grade changes for you.

TelegramDepeg alertsDaily updates

Set up Telegram alerts

Skip straight to the dashboard Need the formulas instead?

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.

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.

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.

Monitor

Use these when you want the market picture first and the narrative second.

Dashboard

Fastest live overview of the stablecoin market.

Stability Index

PSI trend and condition bands for ecosystem-wide stress.

Depeg Tracker

Live deviations, DEWS scores, and event history.

Daily Digest

Narrative recap when you want the day's story, not just the raw tables.

Telegram Alerts

Push delivery for depegs, DEWS shifts, and digest updates.

Research

Use these when you are evaluating one asset or trying to understand what sits underneath it.

Stablecoin directory

Searchable launch point into the tracked universe and each detail page.

Safety Scores

Cross-market risk grades and contagion simulation.

DEX Liquidity

On-chain depth, pool quality, and protocol support.

Dependency Map

Collateral graph for upstream stablecoin exposure.

Operate

Use these when you are deciding, sizing, or actively monitoring flows and issuer behavior.

Compare

Side-by-side comparison for up to five assets.

Portfolio

Weighted grade and upstream exposure for your own mix.

Mint/Burn Flows

Issuance, redemption, and pressure-shift monitoring.

Blacklist Tracker

Issuer intervention and freeze events across supported chains.

Yield Intelligence

Risk-adjusted yield rankings and warning signals.

Learn

Use these when you want the framework, provenance, or historical perspective behind the live data.

Methodology

Reference manual for formulas, thresholds, and changelogs.

About

What Pharos tracks and where the data comes from.

Cemetery

Failure patterns from dead and discontinued stablecoins.

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