Parallel Polkad...

Total Value Locked

$224,107

Chain Breakdown
Parallel	$206,929
Heiko	$17,179

TVLUSD InflowsTweets

USD ETH

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:Dexes

Website Twitter

Methodology

TVL code

Competitors

Uniswap V3 ($3.133b)Uniswap V2 ($2.186b)Curve DEX ($1.918b)PancakeSwap AMM ($1.486b)Balancer V2 ($1.002b)Aerodrome V1 ($640.55m)Raydium ($612.77m)PancakeSwap AMM V3 ($452.6m)Thorchain ($307.5m)Thruster V3 ($300.88m)