Parallel Lending

Total Value Locked$1.55m
Chain Breakdown
Ethereum$1.55m
Include in TVL (optional)
$519,908
$519,908
USDETH

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

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Development Activity

(updated at 22/03/24)

Weekly commits: 1
Monthly commits: 1
Weekly developers: 1
Monthly developers: 1

Last commit: a year ago (2024-03-22)

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.

TVL

Competitors

AAVE V3($17.173b)Morpho Blue($2.824b)SparkLend($2.197b)Compound V3($1.722b)Venus Core Pool($1.65b)JustLend($3.782b)Kamino Lend($1.546b)Fluid Lending($803.38m)Avalon Finance($726.77m)Dolomite($653.26m)