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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked
$16.17m  .csv
Chain Breakdown
Ethereum$15.78m
Polygon$388,430
Fantom$2,800
$219,277
$640,929
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 ($5.568b)Avalon USDa ($473.78m)Liquity ($458.72m)crvUSD ($144.22m)Inverse Finance FiRM ($64.05m)JustStables ($2.842b)Thorchain Lending ($225.3m)lisUSD ($221.39m)Overnight USD+ ($163.94m)Particle DUO ($126.06m)