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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$12.82m  .csv
Chain Breakdown
Ethereum$11.78m
Polygon$1.04m
Fantom$1,435
$331,432
$527,477
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 ($4.343b)Liquity ($341.43m)crvUSD ($116.96m)fx Protocol ($54.02m)Angle ($40.48m)JustStables ($1.539b)lisUSD ($193.33m)Thorchain Lending ($167.09m)Particle DUO ($124.99m)Overnight USD+ ($74.9m)