
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
| Categories: | CDP , DeFi |
| On chains: | Avalanche, Base, Ethereum, Hyperliquid, Sonic |
| Forked from | Angle |
| Latest | 24h ago | 7d ago | 30d ago | 30 days changes | |
|---|---|---|---|---|---|
| Parallel Protocol V3 TVL | $3,252,215 |
$3,244,737
0.23% |
$3,194,753
1.80% |
$3,174,136
2.46% |
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Parallel Protocol V3 is 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
Yes Parallel Protocol V3 has the PRL. The token is used in 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
Yes PRL is supported on Avalanche.
Yes PRL is supported on Base.
Yes PRL is supported on Ethereum.
Yes PRL is supported on Hyperliquid.
Yes PRL is supported on Sonic.
PRL token is supported by following blockchains: Avalanche, Base, Ethereum, Hyperliquid, Sonic
Parallel Protocol V3 is 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. Parallel Protocol V3's native token is PRL. PRL token is supported by following blockchains: Avalanche, Base, Ethereum, Hyperliquid, Sonic.