Parallel Lending
Parallel Lending is a decentralized lending protocol enabling users to borrow and lend using both Non-Fungible Tokens (NFTs) and Fungible Tokens (FTs). It offers the ability to leverage untapped capital for additional investments while generating yields. Notably, Parallel stands out as the pioneer in cross-margin NFT Finance, allowing users to borrow and lend ERC-721 and ERC-20 tokens within a unified account and credit line. This protocol empowers asset holders to access liquidity and earn yields effortlessly across their entire asset portfolio, offering a user-friendly yet robust solution
TVL by chain
| Chain | TVL | Share |
|---|---|---|
| Ethereum | $63.13K | 100.0% |
About Parallel Lending
Parallel Lending is a lending protocol deployed across 1 chain, led by Ethereum. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Parallel Lending against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://app.parallel.fi/ethereum/apps/paraspace