Parallel Polkad...

Total Value Locked

$1.37m

Chain Breakdown
Heiko	$1.23m
Parallel	$141,758

TVLUSD InflowsTweets

USD ETH

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:Liquid Staking

Website Twitter

Methodology

TVL code

Competitors

Parallel Polkadot Liquid Staking ($3.96m)Lido ($30.507b)Rocket Pool ($3.841b)Binance staked ETH ($2.816b)Jito ($1.566b)Mantle Staked ETH ($1.542b)Marinade Liquid Staking ($741.57m)Frax Ether ($611.21m)Coinbase Wrapped Staked ETH ($562.65m)Stader ($558.32m)