Open a new
Parallel world

Scalable, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.

Start earning with USDp stablecoin

6.00%APY
Earn
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How the model
is working

  • Infinite Liquidity

    USDp is as liquid as USDC. Holders can swap from USDC to USDp, and vice versa, instantly, anytime. No fees, no slippage.

  • Stability

    Parallel is designed to withstand adverse market conditions, relying on innovative price stability mechanisms.

  • Solvency

    Parallel stablecoin can instantly, and at any time, be redeemed for any token used as collateral. They're fortified by a large insurance fund for an added layer of protection.

  • Sustainable yield

    The Parallel savings generates yield from all backing stablecoin, but only deposits in the savings product earn this yield.

Numbers
and Partners
say it all

Total stablecoin volume
$0
Total earned by users in saving module
$0
Protocol TVL
$0
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Top-tier security practices

  • Learn more about audits

    Parallel is an open-source protocol audited & formally verified multiple times by the world's leading security companies.

    Bail Security
    Certora
  • Learn more about bug bounty

    Secured by Hypernative. Earn up to $250,000 for valid bugs or vulnerabilities submission.

    Hypernative
    Immunefi

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Parallel DAO