In a groundbreaking move to effectively serve the interests of Web3 users, Pharos Network, an EVM-compatible L1 blockchain, today announced the launch of its public mainnet. According to the announcement made via the X platform, Pharos successfully conducted its hard fork event today, and as a result, its public mainnet is now live.
Powered by its own asset (PROS coin), Pharos Network is a fast, Proof-of-Stake Layer-1 blockchain designed to connect traditional financial assets with Web3 cross-chain utility. Built to serve tokenized assets (RWA), AI and DeFi, Pharos Network is developing an ecosystem that aims to revolutionize the future of Web3 and financial innovation.
Pharos Pacific Ocean Mainnet is LIVE! ⚓
The first institutional-grade asset-native L1 designed for high performance and regulatory compliance, bridging the gap between deep liquidity and real-world impact
Today Pharos sets sail for the world stage 🌊 pic.twitter.com/y0nK0TSTEy
— Pharos | Mainnet Arc (@pharos_network) April 28, 2026
Pharos’ journey to on-chain
According to today’s news development, Pharos Network has announced the rollout of its Pacific Ocean Mainnet, the first Layer-1 network designed for fast transaction processing and regulatory compliance. This announcement is a critical milestone as the platform provides a native asset-level network tailored to the needs of both institutional and retail clients, with the aim of driving adoption at scale. The layer 1 network focuses on building a high-quality financial infrastructure that combines institutional financing with Web3 technologies, positioning itself as a platform for tokenized real-world assets (RWAs), compliant financial products and broad accessibility.
The launch of the public mainnet follows Pharos’ previous rollout of its private mainnet last year, on December 12, 2025, and marks the first milestone in the phased public rollout. The public mainnet debut also follows Pharos’ recent announcement of its native token PROS tokenomics earlier this month, on April 20, to support on-chain asset governance, staking, fees, and RWA use cases.
What users can do with the Pharos network
With the launch of the public mainnet, the usefulness and security of the PROS token can finally meet the interoperability of the DeFi ecosystem. Now officially live for the first time in history, Pharos’ public L1 blockchain network bridges traditional fintech services with Web3 technologies, where real value and institutional-quality assets are accessible to global users.
Now that Pharos’ public mainnet is live, decentralized institutions, enterprises, developers, crypto token holders, and DeFi enthusiasts have the opportunity to interact with the newly launched blockchain.