Parallel Staking
Total Value Locked$19,508
TVL by Chain
Ethereum$19,508
Protocol Information
Parallel Staking introduces an innovative approach for users to optimize their ApeCoin staking. By enabling simultaneous staking and borrowing against NFTs like Bored Ape Yacht Club, Mutant Ape Yacht Club, and Bored Ape Kennel Club, it addresses the challenge faced by holders lacking sufficient ApeCoin or NFTs for maximum yields. Parallel resolves this by allowing NFT staking and borrowing ApeCoin against them, facilitating auto-compounding of rewards, and offering Peer-to-Peer staking options. Through this, both NFT and ApeCoin holders can secure fixed shares of auto-compounded rewards, enhancing their staking experience and returns
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Parallel Staking history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Aug 28, 2023 to Oct 27, 2026.
All-time high TVL: $18.82m on Dec 14, 2023. All-time low TVL: $182 on Jul 20, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $26,165 |
| Sep 29, 2026 | $24,021 |
| Sep 30, 2026 | $24,101 |
| Oct 1, 2026 | $24,454 |
| Oct 2, 2026 | $24,282 |
| Oct 3, 2026 | $27,074 |
| Oct 4, 2026 | $26,344 |
| Oct 5, 2026 | $27,382 |
| Oct 6, 2026 | $26,556 |
| Oct 7, 2026 | $24,461 |
| Oct 8, 2026 | $24,323 |
| Oct 9, 2026 | $22,860 |
| Oct 10, 2026 | $24,901 |
| Oct 11, 2026 | $24,834 |
| Oct 12, 2026 | $25,499 |
| Oct 13, 2026 | $23,861 |
| Oct 14, 2026 | $24,823 |
| Oct 15, 2026 | $23,082 |
| Oct 16, 2026 | $23,113 |
| Oct 17, 2026 | $24,118 |
| Oct 18, 2026 | $24,575 |
| Oct 19, 2026 | $23,102 |
| Oct 20, 2026 | $23,571 |
| Oct 21, 2026 | $23,751 |
| Oct 22, 2026 | $23,136 |
| Oct 23, 2026 | $22,152 |
| Oct 24, 2026 | $21,511 |
| Oct 25, 2026 | $20,797 |
| Oct 26, 2026 | $19,725 |
| Oct 27, 2026 | $19,799 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $3.2m |
| Dec 31, 2024 | $1.41m |
| Jan 31, 2025 | $834,299 |
| Feb 28, 2025 | $522,829 |
| Mar 31, 2025 | $285,084 |
| Apr 30, 2025 | $244,926 |
| May 31, 2025 | $231,151 |
| Jun 30, 2025 | $136,465 |
| Jul 31, 2025 | $123,378 |
| Aug 31, 2025 | $97,704 |
| Sep 30, 2025 | $87,587 |
| Oct 31, 2025 | $66,331 |
| Nov 30, 2025 | $43,238 |
| Dec 31, 2025 | $32,774 |
| Jan 31, 2026 | $26,764 |
| Feb 28, 2026 | $16,613 |
| Mar 31, 2026 | $13,807 |
| Apr 30, 2026 | $24,025 |
| May 31, 2026 | $22,439 |
| Jun 30, 2026 | $23,584 |
| Jul 31, 2026 | $21,493 |
| Aug 31, 2026 | $21,703 |
| Sep 30, 2026 | $24,101 |
| Oct 27, 2026 (latest) | $19,799 |
TVL at each year end, Dec 26, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 26, 2023 | $16.9m |
| Dec 31, 2024 | $1.41m |
| Dec 31, 2025 | $32,774 |
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-staking
Frequently asked questions
What is Parallel Staking's TVL?
As of Oct 27, 2026, Parallel Staking has $19,508 in total value locked. TVL has decreased 22% over the past 30 days.
What chains does Parallel Staking operate on?
Parallel Staking operates on Ethereum. Ethereum holds the largest share at 100%.
How does Parallel Staking's TVL compare to similar protocols?
Among Yield protocols tracked by DefiLlama, Parallel Staking ranks #245 by TVL. The category holds $4.635b across 569 protocols, and Parallel Staking accounts for <0.1% of that total. Similar protocols include Spark Savings, Pendle V2, Convex Finance, Stake DAO Yield, Avalon Superearn, Concentrator, Lorenzo sUSD1+, Yuzu Money, infiniFi, and Wise Token.