Pharaoh DEX on Avalanche demonstrates robust growth and engagement, processing $4.6B in total swap volume with 91,371 unique swappers and 381 supported tokens. The platform shows significant user expansion, with weekly swappers peaking at 21,877 in early 2024, representing a massive 2,755% increase from its initial user base. Top trading pairs like WAVAX-USDC and WAVAX-BTC.b highlight strong liquidity, while the top 100 users have executed 191,597 transactions totaling $546.37M, indicating high-frequency trading activity in the decentralized exchange ecosystem.