Parallel Polkad...

Total Value Locked

$6,724

Chain Breakdown
Parallel	$5,577
Heiko	$1,147

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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 ($303.43m)Flexa ($202.63m)LlamaPay ($2.74m)Sablier V1 ($1.57m)Sablier V2 ($1.5m)Superfluid ($1.12m)Sushi Furo ($943,576)Streamflow ($341,712)Roketo ($284,790)Pay Protocol ($13,688)