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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked$16.8m

  .csv
Chain Breakdown
Ethereum$16.4m
Polygon$395.4k
Fantom$2.78k
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 ($5.73b)Avalon USDa ($480.64m)Liquity ($478.12m)crvUSD ($151.66m)Inverse Finance FiRM ($68m)JustStables ($4.14b)lisUSD ($253.58m)Thorchain Lending ($229.36m)Overnight USD+ ($163.96m)Particle DUO ($129.73m)

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