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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$2.48m  .csv
Chain Breakdown
Ethereum$2.17m
Polygon$308,160
Fantom$1,016
$78,027
$1.14m
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 ($5.635b)Avalon USDa ($480.62m)crvUSD ($185.63m)Liquity V1 ($165.41m)Level ($145.7m)Beraborrow ($386.48m)lisUSD ($369.09m)USDD ($339.11m)Thorchain Lending ($121.58m)Reservoir Protocol ($97.59m)