Logo of Parallel Polkadot DAOfi

Parallel Polkadot DAOfiDeprecated protocol

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

Parallel Polkadot DAOfi history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 5, 2022 to Jun 11, 2025.

All-time high TVL: $84.53m on Aug 11, 2022. All-time low TVL: $1,267 on Oct 20, 2023.

Daily TVL, Dec 20, 2024 to Jun 11, 2025

DateTVL
Dec 20, 2024$0
Dec 21, 2024$0
Dec 22, 2024$0
Dec 23, 2024$0
Dec 24, 2024$0
Dec 25, 2024$0
Dec 26, 2024$0
Dec 27, 2024$0
Dec 28, 2024$0
Dec 29, 2024$0
Dec 30, 2024$0
Dec 31, 2024$0
Jan 1, 2025$0
Jan 2, 2025$0
Jan 3, 2025$0
Jan 4, 2025$0
Jan 5, 2025$0
Jan 6, 2025$0
Jan 7, 2025$0
Jan 8, 2025$0
Jan 9, 2025$0
Jan 10, 2025$0
Jan 11, 2025$0
Jan 12, 2025$0
Jan 13, 2025$0
Jan 14, 2025$0
Jun 6, 2025$0
Jun 7, 2025$0
Jun 8, 2025$0
Jun 11, 2025$0

TVL at each month end, Mar 2023 to Jun 2025

DateTVL
Mar 31, 2023$2,213
Apr 30, 2023$2,144
May 31, 2023$1,907
Jun 30, 2023$1,749
Jul 31, 2023$1,817
Aug 31, 2023$1,562
Sep 30, 2023$1,417
Oct 31, 2023$1,602
Nov 30, 2023$1,793
Dec 31, 2023$3,016
Jan 31, 2024$3,689
Feb 29, 2024$5,130
Mar 31, 2024$9,986
Apr 30, 2024$6,787
May 31, 2024$7,151
Jun 30, 2024$5,345
Jul 31, 2024$5,490
Aug 31, 2024$4,365
Sep 30, 2024$4,935
Oct 8, 2024$4,270
Nov 30, 2024$0
Dec 31, 2024$0
Jan 14, 2025$0
Jun 11, 2025 (latest)$0

TVL at each year end, Dec 31, 2022 to Dec 31, 2024

DateTVL
Dec 31, 2022$0
Dec 31, 2023$3,016
Dec 31, 2024$0

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/parallel-polkadot-daofi

Frequently asked questions

What is Parallel Polkadot DAOfi's TVL?

As of Jun 11, 2025, Parallel Polkadot DAOfi has $0 in total value locked.

What chains does Parallel Polkadot DAOfi operate on?

Parallel Polkadot DAOfi operates on Parallel.