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Last reviewed August 19, 2026

Solidity Development Services

Pharos Production delivers expert Solidity development services for DeFi protocols, NFT marketplaces, token systems and smart contract security audits. Our Solidity team builds audited, gas-optimized contracts for EVM-compatible chains.

  • 484 contracts deployed
  • 10+ Solidity engineers
  • 7+ chains supported

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  • 30+ blockchain projects
  • 7+ years in Web3
  • 107 Clutch reviews

Security-first development with audited smart contracts and battle-tested infrastructure

Key facts: Pharos Production has deployed 484 smart contracts to mainnet across Ethereum, Polygon, BSC and Arbitrum since 2018. Every contract undergoes internal audit and optional external verification. 10+ Solidity engineers with DeFi and tokenization expertise. Last reviewed: . Editorial policy.

How our Solidity practice differs

Our Solidity practice ships audited smart contracts, not GitHub-gist demos. Senior protocol engineers, 15+ Solidity projects since 2018, security-audit certified and contributing to open-source Solidity libraries. Stack covers Foundry test-driven development with invariant and fuzz testing, Slither and Mythril static analysis on every PR, and OpenZeppelin Contracts as the audited primitive library. We work the full ERC stack - 20, 721, 1155, 4626, 4337 - plus upgradeability patterns (UUPS, Transparent, Beacon), gas profiling and MEV-resistance reviews aligned with Ethereum security guidance. We do not deploy un-audited code to mainnet - every project ships with external audit scope (Trail of Bits, OpenZeppelin or ConsenSys Diligence) priced before scope-lock. We routinely advise clients NOT to put logic on-chain when off-chain attestations or centralized indexers win on cost and latency. See our blockchain services.

What is Solidity development?

Solidity is a statically-typed programming language designed for writing smart contracts on Ethereum and EVM-compatible blockchains (Polygon, Arbitrum, Optimism, BSC, Avalanche). Solidity development includes DeFi protocols (lending, DEX, yield farming), token standards (ERC-20, ERC-721, ERC-1155), NFT marketplaces, DAO governance systems, cross-chain bridges and on-chain gaming logic. Smart contracts are immutable once deployed, making security audits, formal verification and gas optimization critical. The Solidity ecosystem includes Hardhat and Foundry for development, OpenZeppelin for audited contract libraries and Slither/Mythril for static analysis.
Limitations and considerations
  • Deployed smart contracts are immutable by default - a single bug in production cannot be hotfixed and may result in permanent loss of user funds, as seen in the $60M DAO hack and numerous DeFi exploits.
  • Solidity has no floating-point arithmetic, limited data structures and a 24KB contract size limit - complex business logic must be split across multiple contracts, increasing gas costs and attack surface.
  • Every on-chain operation costs gas that users pay in ETH - during network congestion, a simple token transfer can cost $50+ and complex DeFi transactions can exceed $200, making some use cases economically unviable.
  • The EVM execution environment lacks native support for common operations like string manipulation, date handling and off-chain data access - requiring oracles (Chainlink) and workarounds that add complexity and trust assumptions.

What we build with Solidity

DeFi protocols

Lending platforms, decentralized exchanges (AMMs), yield aggregators, stablecoin systems and liquidity mining contracts with flash loan protection and oracle integration (Chainlink).

Token creation and management

ERC-20 utility/governance tokens, ERC-721 NFT collections, ERC-1155 multi-token contracts, vesting schedules, airdrops and token staking mechanisms.

NFT marketplaces

Custom marketplace contracts with lazy minting, royalty enforcement (EIP-2981), auction mechanisms, collection offers and cross-chain NFT bridging.

DAO governance

On-chain governance with proposal creation, voting mechanisms (token-weighted, quadratic, conviction), timelock controllers and treasury management.

Security audits and gas optimization

Manual code review, automated analysis (Slither, Mythril, Echidna), gas profiling, storage layout optimization and upgrade-safe proxy patterns (UUPS, Transparent).

Cross-chain infrastructure

Bridge contracts, cross-chain messaging (LayerZero, Axelar) and multi-chain deployment strategies with deterministic contract addresses.

Solidity vs Rust vs Move for smart contracts

Factor Solidity (EVM) Rust (Solana) / Move (Sui, Aptos)
Ecosystem maturity Largest: 10K+ dApps, $60B+ TVL Rust/Solana: growing. Move: early stage
Developer pool Largest smart contract talent pool Rust: systems devs. Move: very small pool
Security tooling Mature: Slither, Mythril, Echidna, Certora Rust: Anchor, limited. Move: formal verification built-in
Gas costs Higher on L1, low on L2s (Arbitrum, Optimism) Solana: very low. Move: low
Composability Strongest DeFi composability (money legos) Solana: CPI calls. Move: object model
Upgrade patterns Proxy patterns (UUPS, Transparent, Diamond) Solana: program upgrades. Move: package upgrades
EVM compatibility Native on 20+ chains Not EVM-compatible

Pharos Production recommends Solidity for DeFi protocols, NFT projects and any application targeting EVM-compatible chains. Rust (Solana) suits high-frequency trading and gaming. Move is promising for new chains but has limited ecosystem.

Limitations: Solidity is limited to EVM-compatible chains - it cannot target Solana, Cosmos or Sui natively. Smart contracts are immutable once deployed, making bugs extremely costly to fix (upgrade patterns add complexity). Gas costs on Ethereum L1 remain high for complex logic - consider L2 chains (Arbitrum, Optimism) or alternative VMs for compute-heavy applications.

Solidity Development Benchmark 2026

Proprietary research based on 15+ Solidity and smart contract projects delivered by Pharos Production since 2018. Dataset covers DeFi protocols, token systems, NFT marketplaces and DAO governance. Methodology (Pharos Verified Delivery): aggregated security audit results, gas profiling data and deployment metrics. Full report available on request.

6 weeks Average time to audited MVP for token/NFT contracts
0 Critical vulnerabilities found post-deployment
40-60% Gas reduction through storage layout optimization
$30K-$420K+ Project cost range including security audit
20+ EVM-compatible chains supported for deployment
15+ Smart contract projects delivered since 2018

Pharos Production - Get your smart contract estimate in 48h. Share your blockchain requirements - DeFi protocol, token, NFT marketplace or custom smart contracts - and our Solidity team will deliver a detailed estimate with security audit scope. Get a project estimate.

When Solidity is not the right choice
  • Off-chain applications that do not need trustless execution - traditional databases are faster, cheaper and easier to maintain than blockchain storage.
  • High-throughput low-value transactions - gas costs on Ethereum mainnet make micro-transactions impractical without L2 solutions.
  • Private enterprise workflows without external verification needs - Hyperledger or traditional APIs are simpler for internal-only systems.
  • Rapid prototyping and experimentation - Solidity development cycles are slower due to immutability constraints and security requirements.
Solidity team at Pharos
Our Solidity team includes smart contract architects, security auditors and full-stack Web3 developers. Every engineer passes internal security certification before deploying to mainnet. We pair Solidity contracts with React/Next.js frontends using wagmi and ethers.js.
Key takeaways
  • Solidity powers 90%+ of DeFi protocols with over $60 billion in total value locked across EVM-compatible chains.
  • Smart contract bugs are irreversible once deployed - security audits and formal verification are mandatory, not optional.
  • L2 chains (Arbitrum, Optimism, Base) reduced Solidity gas costs by 90-99%, making complex on-chain logic economically viable.
  • Pharos Production has delivered 15+ Solidity projects including DeFi protocols, NFT platforms and token systems since 2018.
  • A smart contract MVP starts from $30,000-$70,000 (including audit). Full DeFi protocol development ranges from $110,000 to $420,000+.

Reviews

Independent reviews from Clutch, GoodFirms and direct client testimonials - verified feedback on our software projects

Based on 342 verified reviews

5 out of 5 stars
Web3 & Blockchain

Pharos Production Inc. successfully launched a secure, stable blockchain solution that aligned with the client's requirements. The team achieved all milestones on time and maintained regular communication to ensure both sides stayed in sync. Their extensive technical expertise was truly remarkable.

Artur Lipski
5 out of 5 stars
iGaming

Pharos Production Inc. successfully conducted a thorough security audit of the client's system and delivered a detailed report outlining recommendations for improvement. The team executed each aspect of the project efficiently without compromising quality. They were also knowledgeable and reliable.

Nils Thomsen
5 out of 5 stars
Web3 & Blockchain

Improved traceability and supplier coordination with measurable operational gains.

CEO at BASF
5 out of 5 stars
Web3 & Blockchain

High-performance MVP with advanced blockchain features and strong project execution.

Oleg Fefrman
5 out of 5 stars
Web3 & Blockchain

Delivered secure and scalable blockchain solution with strong understanding of data workflows.

Ben Lascock
5 out of 5 stars
AI

Delivered ahead of schedule with efficiency gains.

Russell Searce
5 out of 5 stars
Software Development

Delivered mobile distribution platform with DevOps and cloud support.

Nathan White
5 out of 5 stars
AI

Fast delivery with strong collaboration.

Charlotte Preston
5 out of 5 stars
Web3 & Blockchain

Built high-performance NFT marketplace with scalable architecture and strong UX.

Kevin Ballard
5 out of 5 stars
Web3 & Blockchain

Delivered blockchain solution integrated with banking systems using efficient communication tools.

Justin Siter

Choose your project scope

Pharos Production scopes engagements in three tiers, Proof of concept, MVP build and Enterprise platform, with typical budgets from $10,000 to $500,000+ depending on scope and complexity.

PoC

Proof of concept

Focused validation of your riskiest technical assumption with a working spike and a clear build-or-pivot recommendation.

Timeline
3-6 weeks
Team
1-2 engineers + architect
Best for
validating a risky technical bet before funding a full build
$10,000 - $30,000
Enterprise

Enterprise platform

Full-scale build with architecture, DevOps, QA, security and long-term evolution.

Timeline
6-12+ months
Team
6-12 engineers across teams
Best for
multi-team platforms with security, compliance and long-term evolution
$150,000 - $500,000+

Prices vary based on project scope, complexity, timeline and requirements. Hourly rates range from $50 to $99 depending on role and seniority. Contact us for a personalized estimate.

Skip glossary

Key Solidity terms 7

EVM (Ethereum Virtual Machine)
The sandboxed runtime environment that executes compiled Solidity bytecode on every Ethereum node, enforcing deterministic computation and state transitions across the network.
Gas
A unit measuring the computational work required to execute Solidity operations, paid by the transaction sender in ETH to compensate validators and prevent infinite-loop denial-of-service attacks.
Modifier
A reusable Solidity keyword that wraps function execution with precondition checks or access control logic, reducing code duplication across multiple functions in a smart contract.
Mapping
A Solidity data structure that stores key-value pairs in contract storage using a hash of the key, providing O(1) lookup but no native iteration or length tracking.
Reentrancy
A vulnerability where an external contract call in Solidity transfers control to the caller before the original function updates its state, allowing malicious contracts to drain funds.
ABI (Application Binary Interface)
The standard encoding that defines how to call Solidity contract functions and decode return values, enabling external clients and other contracts to interact with a deployed contract.
OpenZeppelin
An audited open-source library of reusable Solidity contracts implementing standards such as ERC-20, ERC-721 and access control, widely used to reduce smart contract security risk.

Frequently asked questions

Last updated:

  • Copy link Copies a direct link to this answer to your clipboard.

    Yes. Every Solidity project includes internal security review with Slither and Mythril. For DeFi protocols and high-value contracts, we recommend a third-party audit from firms like OpenZeppelin, Trail of Bits or Consensys Diligence.

  • Copy link Copies a direct link to this answer to your clipboard.

    We deploy to Ethereum mainnet, Polygon, Arbitrum, Optimism, Base, BSC and Avalanche. Our contracts use deterministic deployment (CREATE2) for consistent addresses across chains.

  • Copy link Copies a direct link to this answer to your clipboard.

    We implement UUPS or Transparent proxy patterns from OpenZeppelin, with timelock controllers and multi-sig governance for upgrade authorization. This allows bug fixes while maintaining on-chain trust.

  • Copy link Copies a direct link to this answer to your clipboard.

    Token and NFT contracts start from $15,000-$30,000. DeFi protocol MVPs range from $70,000-$210,000.

    Complex protocols with multiple contracts and audit cycles range from $210,000 to $420,000+.

  • Copy link Copies a direct link to this answer to your clipboard.

    We use Foundry for new projects due to faster compilation, Solidity-native testing and better gas reporting. Legacy projects and projects requiring JavaScript integration use Hardhat.

An approach to the development cycle

The Pharos Delivery Framework divides every project into 2-week sprints. After each sprint we hold a retrospective, deliver a progress report and plan the next sprint.
  1. Team Assembly

    Our company starts and assembles an entire project specialists with the perfect blend of skills and experience to start the work.

  2. MVP

    We'll design, build and launch your MVP, ensuring it meets the core requirements of your software solution.

  3. Production

    We'll create a complete software solution that is custom-made to meet your exact specifications.

  4. Ongoing

    Continuous Support

    Our company will be right there with you, keeping your software solution running smoothly, fixing issues and rolling out updates.

Trusted & Recognized

Partnerships and awards

Recognized on Clutch, GoodFirms and The Manifest for software engineering excellence

  • Partner1
  • Partner2
  • Partner3
  • Partner4
  • Partner5
  • Clutch Global Leader, Spring 2025
  • Clutch Top Blockchain Company, Ukraine 2025
  • Clutch Top Web3 Development, Ukraine 2025
  • Clutch Top Smart Contract Development, Ukraine 2025
  • GoodFirms Review Award 2025
  • The Manifest Top Blockchain Company, Ukraine 2024

65+ industry awards

Olena Zaichenko - FinTech and AI scientist and advisor to Pharos Production

Technically reviewed by Olena Zaichenko, D.Sc.

FinTech and AI Scientist and Advisor

Professor, Department of Mathematical Methods of System Analysis, Institute for Applied System Analysis, Igor Sikorsky Kyiv Polytechnic Institute. Financial analyst at EPAM Systems from 2005 to 2019.

Reviewed for technical accuracy on August 19, 2026. Not an endorsement of any commercial claim on this page.

Solidity engineering insights

Isometric exploded view of five translucent glass layers representing infrastructure, protocol, smart contract, dApp and interface tiers of a Web3 stack.

Guide to the Web3 Stack for Developers in 2026

This guide breaks down the Web3 development stack in 2026 and explains how modern teams choose blockchain tools that hold up in production. You will learn how wallets, smart contracts, nodes, indexing, storage and observability fit together and what tradeoffs developers should consider for security, performance and cost. Use it as a practical reference for planning architecture and shipping reliable Web3 applications.

Dmytro Nasyrov, Founder and CTO at Pharos Production
Dmytro Nasyrov Founder & CTO Let's work together!

Build with Solidity

90+ engineers ready to deliver your Solidity project on time and within budget

Your contact details
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We typically reply within 4 hours

What happens next?

  1. Contact us

    Contact us today to discuss your project. We're ready to review your request promptly and guide you on the best next steps for collaboration

    Same day
  2. NDA

    We're committed to keeping your information confidential, so we'll sign a Non-Disclosure Agreement

    1 day
  3. Plan the Goals

    After we chat about your goals and needs, we'll craft a comprehensive proposal detailing the project scope, team, timeline and budget

    3-5 days
  4. Finalize the Details

    Let's connect on Google Meet to go through the proposal and confirm all the details together!

    1-2 days
  5. Sign the Contract

    As soon as the contract is signed, our dedicated team will jump into action on your project!

    Same day

Our offices

Headquarters in Las Vegas, Nevada. Engineering office in Kyiv, Ukraine.

We also work with clients through dedicated local teams in Las Vegas, New York and San Francisco.

Las Vegas, United States

Headquarters PT
5348 Vegas Dr, Las Vegas, NV 89108, United States

Kyiv, Ukraine

Engineering office EET (UTC+2)
44-B Eugene Konovalets Str. Suite 201, Kyiv 01133, Ukraine