Parallel Protocol V3

CDP · PRL

TVL
$2.09M
Chains
5
Ethereum
Stars
Latest release

Overview

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

TVL by chain

ChainTVL
Ethereum$836.2K
Avalanche$590.5K
Hyperliquid L1$590.0K
Base$77.5K
Sonic$0.00

Links & documentation

GitHub
Chains
Ethereum, Base, Hyperliquid L1, Sonic, Avalanche

GitHub statistics

No repository linked

This project does not publish a GitHub repository.

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