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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$14.4m  .csv
Chain Breakdown
Ethereum$13.98m
Polygon$423,800
Fantom$1,054
$204,626
$767,202
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 ($4.579b)Avalon USDa ($530.86m)Liquity V1 ($368.45m)crvUSD ($146.49m)Inverse Finance FiRM ($98.23m)JustStables ($411.32m)lisUSD ($383.3m)Thorchain Lending ($168.88m)Particle DUO ($98.23m)sDAI ($81.56m)