MrDeFi

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
$481.09K
30d Change
-20.5%
Category
CDP
3 chains
TVL — last 180 days

TVL by chain

ChainTVLShare
Ethereum$440.91K91.6%
Polygon$40.07K8.3%
Fantom$104.680.0%

About Parallel Protocol V2

Parallel Protocol V2 is a cdp protocol deployed across 3 chains, led by Ethereum, Polygon, Fantom. 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