Parallel Protocol V2 (PRL)
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.
Total Value Locked
$564.59K
30d Change
+16.2%
Category
CDP
3 chains
TVL — last 180 days
TVL by chain
About Parallel Protocol V2
Parallel Protocol V2 is a cdp protocol deployed across 3 chains, led by Fantom, Ethereum, Polygon. Total value locked measures the assets currently deposited in its smart contracts — see our TVL definition for how to interpret it. Compare Parallel Protocol V2 against the wider market on the live protocol rankings, or explore current yields across DeFi.
Official website: https://mimo.capital