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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$2.62m  .csv
Chain Breakdown
Ethereum$2.27m
Polygon$351,581
Fantom$1,170
$87,553
$1.06m
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

Sky Lending ($6.178b)Avalon USDa ($527.9m)crvUSD ($208.82m)Liquity V1 ($189.63m)Level ($171.89m)Beraborrow ($419.8m)USDD ($411.91m)lisUSD ($390.76m)Felix ($173.55m)Thorchain Lending ($136.95m)