InformationTVL

Parallel Lending

Total Value Locked$949,737

TVL by Chain

Ethereum$949,737

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Key Metrics

Borrowed$467,203

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 ($33.733b)Morpho Blue ($5.887b)SparkLend ($4.585b)Compound V3 ($2.396b)Maple ($1.953b)Venus Core Pool ($1.911b)Fluid Lending ($1.28b)Euler V2 ($1.095b)Compound V2 ($582.38m)AAVE V2 ($331.99m)