Parallel Protocol V3 (PRL)
Total Value Locked$1.79m
TVL by Chain
Sonic$804,125
Hyperliquid L1$479,784
Avalanche$304,346
Base$157,832
Ethereum$44,377
Key Metrics
$PRL Liquidity$461,794
Balancer V3$461,794
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
Category:CDP
Audits: