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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$12.95m  .csv
Chain Breakdown
Ethereum$12.55m
Polygon$399,096
Fantom$1,767
$173,847
$852,285
USDETH

Protocol Information

Parallel is a decentralized protocol that issues stablecoins, PAR (EUR stablecoin) and paUSD (USD stablecoin), on the Ethereum, Polygon and Fantom blockchains. The PAR & paUSD stablecoin are decentralized, non-custodials, and collateral-backed FIAT stablecoins.

Category:CDP

Audits
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Token Information

Address:0x90b831...06f9bc

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Methodology

TVL code

Competitors

MakerDAO ($3.735b)Avalon USDa ($524.55m)Liquity V1 ($320m)crvUSD ($130.45m)fx Protocol ($77.99m)lisUSD ($430.77m)Beraborrow ($380.28m)Thorchain Lending ($152.7m)sDAI ($82.71m)Inverse Finance FiRM ($72.84m)