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ProtocolsParallel Protocol

Parallel Protoc...
(MIMO)

Total Value Locked$2,430,820

  .csv
Chain Breakdown
Ethereum$2.13m
Polygon$296.4k
Fantom$993.65
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

Sky Lending ($6.07b)Avalon USDa ($457.75m)crvUSD ($179.03m)Liquity V1 ($162.28m)Level ($145.57m)lisUSD ($361.06m)Beraborrow ($358.71m)USDD ($337.33m)Thorchain Lending ($117.02m)Reservoir Protocol ($88.06m)

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