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ProtocolsParallel Polkadot Liquid Staking

Parallel Polkad...
(PARA)

Total Value Locked
$2.23m  .csv
Chain Breakdown
Parallel$2.15m
Heiko$79,530
USDETH

Protocol Information

Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing in the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn double yield on their staked coins, and borrowers can collateralize to borrow.

Category:Liquid Staking

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Methodology

TVL code

Competitors

Parallel Polkadot Crowdloan ($1.02m)Lido ($27.645b)Binance staked ETH ($4.578b)Rocket Pool ($3.642b)Jito ($2.565b)Mantle Staked ETH ($1.366b)Sanctum Validator LSTs ($1.09b)Marinade Liquid Staking ($1.034b)Jupiter Staked SOL ($715m)Coinbase Wrapped Staked ETH ($552.04m)