Parallel Protocol (PRL)
Total Value Locked$3.22m
TVL by Chain
Ethereum$1.38m
Sonic$796,912
Hyperliquid L1$675,258
Avalanche$226,313
Polygon$134,582
Base$7,658
Fantom$187
Key Metrics
$PRL Price$0.0024
All Time High$0.43
All Time Low< $0.0001
Fully Diluted Valuation$2.43m
$PRL Volume 24h$154.5
CEX Volume-
DEX Volume$151.38(97.98% of total)
$PRL Liquidity$461,794
Balancer V3$461,794
Treasury$706,397
Majors$1,138
Stablecoins$652,604
Own Tokens$52,650
Others$6.05
Protocol Information
Parallel is an over-collateralized, decentralized, modular & capital-efficient stablecoins protocol deployed on several chains. Each stablecoin can be minted against an approved basket of yield generating correlated assets at the oracle price and redeemed for it without cooldown
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol