Ask about Parallel ProtocolTotal Value Locked$2.6m
TVL by Chain
Ethereum$1.32m
Avalanche$606,827
Hyperliquid L1$557,720
Base$77,448
Polygon$31,922
Fantom$63
Sonic$0
Key Metrics
$PRL Liquidity$461,794
Balancer V3$461,794
Treasury$253,575
$78.65
Stablecoins$244,671
Own Tokens$8,322
Others$503.09
Protocol Information
Parallel is an over-collateralized, decentralized, modular & capital-efficient stablecoins protocol deployed on several chains. Each stablecoin can be minted against an approved basket of yield generating correlated assets at the oracle price and redeemed for it without cooldown
Category:CDP
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Yields
Pools Tracked2
Average Supply APY10%