openPR Logo
Press release

Pharos Network and Bitverse Partner to Launch Exclusive PerpDEX, Setting a New Standard for On-Chain Trading

08-13-2025 06:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Binary News Network

Pharos Network and Bitverse Partner to Launch Exclusive

Pharos Network, a leading Layer 1 blockchain built for RWAfi, announced a strategic partnership with Bitverse, a decentralized, non-custodial Web3 wallet. This collaboration will lead to the launch of a dedicated and exclusive Perpetual Decentralized Exchange (PerpDEX) on the Pharos.

This partnership represents a significant step in the evolution of decentralized trading. While the market has seen platforms successfully attract on-chain liquidity, Pharos and Bitverse are poised to offer a compelling and highly differentiated alternative. The new PerpDEX is designed from the ground up to redefine the user experience, delivering CEX-level performance and a wider range of trading opportunities.

The new PerpDEX on Pharos will not be just another derivatives platform. By harnessing the UTA Engine-the core technology powering one of the biggest Exchanges, it will deliver an ultra-fast, low-latency trading environment capable of handling not only crypto perpetual contracts but also a wide range of perpetual contracts on traditional assets, including U.S. stocks. This expansion into a diversified asset class is a key differentiator, opening up new frontiers for on-chain trading.

"The DeFi space is overdue for an evolution in how perpetuals are traded," said Wish Wu,Co-founder &CTO of Pharos Network. "We believe that true innovation lies in combining the best of Web2 and Web3. By partnering with Bitverse and integrating the UTA Engine, we will create a superior liquidity engine, which will provide a faster, more capital-efficient, and more diverse on-chain trading experience."

Bitverse, as a critical liquidity provider and ecosystem builder for Pharos, will be instrumental in attracting stablecoin capital from Ethereum. This influx of capital will not only benefit the new PerpDEX but will also fuel the broader Pharos ecosystem, fostering a new wave of composable and capital-efficient applications.

About Pharos Network

Pharos Network is the fastest EVM-compatible Layer 1 designed to unify Web2 and Web3 assets and liquidity, bridging over $50 trillion in RWA, TradFi, and cross-chain capital into a modular, on-chain economy at internet scale. It powers real-time, real-world applications through deep-parallel layer architecture.

About Bitverse

Bitverse is an all-in-one RWA perp DEX, focused on real-world assets and U.S. stock futures. Built with AI-powered analytics and multi-liquidity routing, Bitverse delivers zero-slippage execution, 100× leverage, and deep asset coverage-from crypto majors and meme coins to tokenized stocks and commodities. With multi-chain support and 24/7 access, Bitverse empowers traders to go long or short on real-world markets with on-chain freedom and CEX-level performance.

X Annoucement (Pharos Network) - https://x.com/pharos_network/status/1955192599591149973

X Annoucement (Bitverse) - https://x.com/BitverseApp/status/1955192534889808348

The post Pharos Network and Bitverse Partner to Launch Exclusive PerpDEX, Setting a New Standard for On-Chain Trading appeared first on Insights News Wire.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Pharos Network and Bitverse Partner to Launch Exclusive PerpDEX, Setting a New Standard for On-Chain Trading here

News-ID: 4142949 • Views:

More Releases from Binary News Network

Deep Dive into DSCVR AI: A Unified Social-AI-Web3 Infrastructure Powerhouse
Deep Dive into DSCVR AI: A Unified Social-AI-Web3 Infrastructure Powerhouse
Los Angeles, CA, 12th November 2025, ZEX PR WIRE, In the latter half of 2025, the Web3 landscape presents a paradox. While venture funding remains substantial, with Web3 startups securing billions, there is a marked shift in investor sentiment towards projects that demonstrate clear utility and sustainable models over speculative hype. This environment, coupled with a broader market that feels increasingly fragmented and noisy, has created a critical demand for
Inside DSCVR AI: A Unified Social-AI-Web3 Infrastructure Powerhouse
Inside DSCVR AI: A Unified Social-AI-Web3 Infrastructure Powerhouse
Los Angeles, CA, 12th November 2025, ZEX PR WIRE, In the latter half of 2025, the Web3 landscape presents a paradox. While venture funding remains substantial, with Web3 startups securing billions, there is a marked shift in investor sentiment towards projects that demonstrate clear utility and sustainable models over speculative hype. This environment, coupled with a broader market that feels increasingly fragmented and noisy, has created a critical demand for high-fidelity
The 32nd Edition of the BFSI Innovation and Technology Summit South Africa 2025
The 32nd Edition of the BFSI Innovation and Technology Summit South Africa 2025
The 32nd Edition of the BFSI Innovation & Technology Summit South Africa 2025 Physical Conference | 19th November 2025 | Focus Rooms, Johannesburg | 9:00 AM to 5:00 PM Revolutionizing the Future of Digital Finance in South Africa: Johannesburg, SA, 11th November 2025, ZEX PR WIRE, South Africa stands on the brink of a digital finance revolution, one that is rewriting the rules of speed, trust, and innovation in the banking and financial
Florida Advocate Christopher Mertz Launches FatherFigure Advocates, LLC to Empower Parents and Mentor Youth
Florida Advocate Christopher Mertz Launches FatherFigure Advocates, LLC to Empow …
Michigan, US, 12th November 2025, ZEX PR WIRE, Christopher Mertz, a respected Florida-based program management professional and former school principal, has announced the official launch of his new venture, FatherFigure Advocates, LLC. This community-focused enterprise is dedicated to empowering parents and mentoring young men to help them thrive within and beyond the public school system. The business offers expert guidance, personalized mentorship, and purpose-driven support services designed to strengthen family

All 5 Releases


More Releases for Pharos

Pharos Capital Takes Majority Stake in RhythMedix
Strategic investment establishes a new platform for remote cardiac patient monitoring NASHVILLE, Tenn - September 25, 2025 - Pharos Capital Group, LLC ("Pharos"), a middle-market private equity firm based in Dallas and Nashville, has acquired a majority stake in RhythMedix, a leading manufacturer and provider of remote cardiac monitoring systems and related services. Founded in 2013, New Jersey-based RhythMedix was founded to improve the remote cardiac monitoring experience for both patients and
Global Printing Software Market Size, Share and Forecast By Key Players-PrinterL …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the Market Research Intellect, the global Printing Software market is projected to grow at a robust compound annual growth rate (CAGR) of 16.45% from 2024 to 2031. Starting with a valuation of 6.16 Billion in 2024, the market is expected to reach approximately 15.36 Billion by 2031, driven by factors such as Printing Software and Printing Software. This significant growth underscores the expanding demand for
Aids to Navigation System Market 2028: Historical Growth, Analysis, Opportunitie …
Los Angeles, United States,- This research study is one of the most detailed and accurate ones that solely focus on the global Aids to Navigation System market. It sheds light on critical factors that impact the growth of the global Aids to Navigation System market on several fronts. Market participants can use the report to gain a sound understanding of the competitive landscape and strategies adopted by leading players of
Print Management Software Market Next Big Thing | Major Giants: PrinterLogic, Ph …
A new business intelligence report released by Advance Market Analytics with title Global Print Management Software Market Insights, forecast to 2027. This report provides a detailed overview of key factors in the Global Print Management Software Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors has been conducted to determine future growth prospects in the global market. Major
Print Management Software Market May See a Big Move | Major Giants PrinterLogic, …
Latest released the research study on Global Print Management Software Market, offers a detailed overview of the factors influencing the global business scope. Print Management Software Market research report shows the latest market insights, current situation analysis with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Print Management Software. The study covers emerging player’s
Global Bridge Navigation Lights Market Latest Achievements by Key Vendors - Seal …
Qyresearchreports include new market research report Global Bridge Navigation Lights Market Insights,Forecast to 2025 to its huge collection of research reports. Bridge Navigation Lights is a navigation light that is widely used to mark bridges and other structures in navigable waters. The Bridge Navigation Lights market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast