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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked$12.65m

  .csv
Chain Breakdown
Ethereum$12.24m
Polygon$408.18k
Fantom$1.18k
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 ($3.74b)Avalon USDa ($525.21m)Liquity V1 ($313.76m)crvUSD ($128.76m)fx Protocol ($75.52m)Beraborrow ($422.64m)lisUSD ($361.37m)Thorchain Lending ($151.4m)sDAI ($85.85m)Inverse Finance FiRM ($74.95m)

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