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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$16.39m  .csv
Chain Breakdown
Ethereum$15.97m
Polygon$417,820
Fantom$2,647
$214,047
$636,504
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 ($5.631b)Avalon USDa ($473.78m)Liquity ($465.69m)crvUSD ($146.2m)fx Protocol ($61.22m)JustStables ($2.187b)Thorchain Lending ($226.05m)lisUSD ($220.98m)Overnight USD+ ($164.24m)Particle DUO ($126.77m)