CDP
Parallel Protocol V3
Total TVL
$2.96M
Active pools
2
Chains supported
5
Official site: https://parallel.best/ ↗
TVL by chain
| Chain | TVL on chain |
|---|---|
| Base | $1.17M |
| Avalanche | $926.0K |
| Ethereum | $549.3K |
| Hyperliquid L1 | $306.7K |
| Sonic | $0 |
Top pools
FAQ
› What is Parallel Protocol V3?
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
› How much TVL does Parallel Protocol V3 have?
Parallel Protocol V3 has $2.96M in total value locked across all supported chains as of the last refresh.
› How many active pools does Parallel Protocol V3 have?
We currently track 2 active pools for Parallel Protocol V3.
› Is Parallel Protocol V3 audited?
DefiLlama lists 1 audit for Parallel Protocol V3. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.