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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked$16.2m

  .csv
Chain Breakdown
Ethereum$15.81m
Polygon$388.88k
Fantom$2.84k
USDETH

Information

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

Check the code

Competitors

MakerDAO ($5.59b)Avalon USDa ($470.81m)Liquity ($459.65m)crvUSD ($143.6m)Inverse Finance FiRM ($63.71m)JustStables ($2.63b)Thorchain Lending ($225.21m)lisUSD ($221.9m)Overnight USD+ ($164.27m)Particle DUO ($126.74m)

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