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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$2.72m  .csv
Chain Breakdown
Ethereum$2.42m
Polygon$298,669
Fantom$1,076
$59,985
$1.16m
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 ($7.134b)Avalon USDa ($475.28m)Liquity V1 ($191.48m)crvUSD ($189.07m)Level ($135.81m)Beraborrow ($374.3m)lisUSD ($367.97m)USDD ($327.39m)Thorchain Lending ($122.89m)Reservoir Protocol ($94.91m)