Logo of Parallel Protocol V2Parallel Protocol V2(PRL)
Total Value Locked$521,187

TVL by Chain

Ethereum$489,009

Polygon$32,116

Fantom$63

Key Metrics

$PRL Liquidity$461,794

Balancer V3$461,794

Protocol Information

Parallel is a decentralized protocol that issues stablecoins, PAR (EUR stablecoin) and paUSD (USD stablecoin), on the Ethereum, Polygon and Fantom blockchains. The PAR & paUSD stablecoin are decentralized, non-custodials, and collateral-backed FIAT stablecoins.

Category:CDP

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors