Parallel Polkad...

Total Value Locked

$392,164

Chain Breakdown
Parallel	$381,417
Heiko	$10,747

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Protocol Information

Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing in the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn double yield on their staked coins, and borrowers can collateralize to borrow.

Category:Dexes

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Methodology

TVL code

Competitors

Uniswap V3 ($3.115b)Uniswap V2 ($2.092b)Curve DEX ($1.866b)PancakeSwap AMM ($1.231b)Raydium ($889.5m)Balancer V2 ($809.29m)PancakeSwap AMM V3 ($466.8m)Aerodrome V1 ($441.75m)DeDust ($336.47m)Thruster V3 ($296.18m)