Parallel Polkad...

Total Value Locked

$222,468

Chain Breakdown
Parallel	$204,883
Heiko	$17,586

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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:Dexes

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Methodology

TVL code

Competitors

Uniswap V3 ($3.242b)Uniswap V2 ($2.223b)Curve DEX ($1.914b)PancakeSwap AMM ($1.484b)PancakeSwap AMM V3 ($1.308b)Balancer V2 ($944.46m)Raydium ($906.04m)Aerodrome V1 ($624.56m)Sanctum Infinity ($385.28m)Thorchain ($361.33m)