Ask about Parallel Lending
Logo of Parallel LendingParallel Lending
Total Value Locked$67,295

TVL by Chain

Ethereum$67,295

Key Metrics

Active Loans$565,264

Protocol Information

Parallel Lending is a decentralized lending protocol enabling users to borrow and lend using both Non-Fungible Tokens (NFTs) and Fungible Tokens (FTs). It offers the ability to leverage untapped capital for additional investments while generating yields. Notably, Parallel stands out as the pioneer in cross-margin NFT Finance, allowing users to borrow and lend ERC-721 and ERC-20 tokens within a unified account and credit line. This protocol empowers asset holders to access liquidity and earn yields effortlessly across their entire asset portfolio, offering a user-friendly yet robust solution

CategoryLending

Audits:

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Methodology

TVL: TVL includes ERC-20 and ERC-721 tokens that have been supplied as well as ERC-20 tokens that are supplied for lending.View code on GitHub

Competitors

Aave V3 ($14.494b)Morpho Blue ($7.665b)SparkLend ($3.378b)Maple ($2.124b)Compound V3 ($1.29b)Venus Core Pool ($1.223b)Fluid Lending ($833.84m)Lista Lending ($628.25m)cap ($352.49m)Euler V2 ($343.73m)