Parallel Polkadot Lending

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Chain Breakdown
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Parallel$0
Include in TVL (optional)
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$29m
USDETH

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: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

Competitors

AAVE V3($17.077b)JustLend($3.863b)Morpho Blue($2.817b)SparkLend($2.192b)Compound V3($1.707b)Venus Core Pool($1.616b)Kamino Lend($1.494b)Fluid Lending($803.24m)Avalon Finance($719.57m)Dolomite($652.19m)