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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$13.17m  .csv
Chain Breakdown
Ethereum$12.77m
Polygon$403,574
Fantom$1,766
$174,018
$852,397
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 ($3.79b)Avalon USDa ($525.08m)Liquity V1 ($325.56m)crvUSD ($131.26m)fx Protocol ($78.21m)lisUSD ($430.67m)Beraborrow ($379.49m)Thorchain Lending ($155.2m)sDAI ($83.05m)Inverse Finance FiRM ($73.36m)