InformationTVL

Parallel Lending

Total Value Locked$1.11m

TVL by Chain

Ethereum$1.11m

Key Metrics

Borrowed$502,722

Protocol Information

Parallel Lending is a decentralized lending protocol enabling users to borrow and lend using both Non-Fungible Tokens (NFTs) and Fungible Tokens (FTs). It offers the ability to leverage untapped capital for additional investments while generating yields. Notably, Parallel stands out as the pioneer in cross-margin NFT Finance, allowing users to borrow and lend ERC-721 and ERC-20 tokens within a unified account and credit line. This protocol empowers asset holders to access liquidity and earn yields effortlessly across their entire asset portfolio, offering a user-friendly yet robust solution

Category:Lending

Audits:

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Methodology

TVL: TVL includes ERC-20 and ERC-721 tokens that have been supplied as well as ERC-20 tokens that are supplied for lending.View code on GitHub

Competitors

AAVE V3 ($39.219b)Morpho Blue ($6.343b)SparkLend ($5.583b)Compound V3 ($2.369b)Maple ($2.129b)Venus Core Pool ($1.996b)Fluid Lending ($1.435b)Euler V2 ($1.285b)Compound V2 ($616.58m)AAVE V2 ($364.43m)