Total Value Locked$2.07m
TVL by Chain
Ethereum$834,302
Avalanche$606,786
Hyperliquid L1$554,381
Base$77,391
Sonic$0
Key Metrics
$PRL Liquidity$461,794
Balancer V3$461,794
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
Audits:
Methodology
TVL: TVL is retrieved on-chain by getting the total assets managed by the Parallelizer contractsView code on GitHubYields
Pools Tracked2
Average Supply APY10%