Parallel Polkad...

Total Value Locked

$7,235

Chain Breakdown
Parallel	$6,014
Heiko	$1,221

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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:Payments

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Methodology

TVL code

Competitors

Lightning Network ($324.36m)Flexa ($212.8m)Streamflow ($8.14m)LlamaPay ($2.59m)Sablier V1 ($1.59m)Superfluid ($1.14m)Sushi Furo ($922,080)Sablier V2 ($465,932)Roketo ($295,333)Pulsar Money ($10,976)