InformationTVLStablecoin InfoTreasuryGovernance

Parallel Protocol (PRL)

Total Value Locked$3.96m

TVL by Chain

Ethereum$3.62m

Polygon$345,336

Fantom$838.88

Protocol Information

Parallel is a decentralized protocol that issues stablecoins, PAR (EUR stablecoin) and paUSD (USD stablecoin), on the Ethereum, Polygon and Fantom blockchains. The PAR & paUSD stablecoin are decentralized, non-custodials, and collateral-backed FIAT stablecoins.

Category:CDP

Audits:

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Development Activity

Updated at Jan 3, 2024

Weekly commits2

Monthly commits2

Weekly developers1

Monthly developers1

Last commit03/01/24 (2 years ago)

Competitors

QiDao ($9.2m)DEUS FinanceAngle ($31.23m)Abracadabra Spell ($25.81m)mStable CDP ($2.88m)Sky Lending ($5.694b)Avalon USDa ($651.3m)Liquity V1 ($359.74m)crvUSD ($247.06m)Yala ($208.78m)