Every peg, from on-chain data alone
Beacon is a research-grade stablecoin dashboard modeled on pharos.watch, but rebuilt so that every number traces back to a single source: Allium on-chain data.
The original Pharos blends ~15 sources — CoinGecko, exchange APIs, DefiLlama, reserve attestations and Bluechip ratings. Beacon takes the opposite constraint: Allium only. Everything you see — supply, peg, liquidity, flows, holders, grades — is reconstructed from Allium's stablecoin, DEX and identity datasets. Where Pharos uses off-chain feeds, Beacon substitutes an on-chain proxy and says so, or leaves the gap explicit.
Current snapshot: 238 coins across 26 peg currencies and 42 chains, as of 2026-07-21.
Coverage matrix vs. Pharos
| Feature | Allium source | Status |
|---|---|---|
| Coin registry & taxonomy (peg, issuer, backing, chains) | crosschain.stablecoin.list · stablecoins.core.supply_daily | Native |
| Supply / market cap / circulating | stablecoins.core.supply_daily | Native |
| Peg price & deviation | cohort-median of on-chain DEX price (price_usd) | On-chain proxy |
| Mint / burn flows, pressure, bank-run signal | crosschain.stablecoin.supply_delta_beta | Native |
| DEX liquidity depth & venue diversity | crosschain.dex.tvl_daily | Native |
| Holder concentration | allium_identity.aggregates.stablecoin_top_holders | Native |
| Composite safety report card | computed from the above | Native |
| Stability Index (PSI) | computed (mcap-weighted peg stress) | Native |
| Cemetery (dead coins) | supply-collapse detection over history | Native |
| Reserve attestations / proof-of-reserves | off-chain (issuer attestations) | Not available |
| Bluechip / third-party safety ratings | off-chain | Not available |
| Centralized-exchange (CEX) prices | off-chain (Binance/Kraken/…) | Not available |
| Full collateral dependency graph | off-chain + protocol-specific | Not available |
Scoring methodology
100 at a perfect peg, decaying linearly to 0 at ±5% deviation. The peg reference is the cohort-median on-chain USD price of all coins sharing a peg currency — an FX-free way to measure deviation for non-USD pegs.
70% depth (log-scaled DEX TVL, ~$100k → 0, $1B+ → 100) + 30% venue diversity (pools × chains × DEXs). Absent liquidity data is excluded from the composite rather than penalized.
100 minus the share of supply held by the top-5 attributed holders. Heavy exchange or contract concentration lowers the score.
Derived from the standard deviation of daily market-cap returns over 30 days. Volatile supply → lower score.
The composite is a weighted blend (peg 35%, liquidity 25%, decentralization 20%, stability 20%) mapped to A+…F. The Stability Index (PSI) is a market-wide, cap-weighted peg-stress gauge banded from BEDROCK to MELTDOWN.
Layered architecture & provenance
Every metric on this site is traceable back to the raw on-chain record that produced it. Allium organizes data in three layers, each independently accessible:
Coverage & controls
npm run refresh against the Allium API. Not affiliated with Pharos or Allium.