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Parallel Finance

Parallel Finance is a crypto infrastructure and DeFi organization currently rebuilding its product platform.
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Paraspace


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Description

ParaSpace is a decentralized lending protocol that allows users to borrow and lend against Non-Fungible and Fungible tokens alike. ParaSpace allows users to tap into otherwise-unused capital to fund further investments and earn yields on the same.

Category: NFT Lending
TVL: $104K

Chains:
ArbitrumEthereumMoonbeamPolygonzkSync EraZKsync Era

Parallel Finance


Project Links


Description

Parallel Finance developed lending, staking, restaking, and chain infrastructure across Polkadot and Ethereum ecosystems. Its current first-party website states that the team is rebuilding from first principles and that a new chapter is coming.

Category: Payments


Chains:
ArbitrumEthereumHeikoMoonbeamParallelPolygonzkSync Era

ParaSpace Lending V1


Project Links


Description

Parallel is the first omni-chain restaking L2 that unifies liquidity from any chain into one place, using EigenLayer AVS to ensure the highest levels of security and decentralization.

TVL: $104K

Chains:
ArbitrumEthereumMoonbeamPolygonzkSync EraZKsync Era

Parallel Lending


Project Links


Description

Parallel is a financial platform that allows users to lend and borrow assets using NFTs and ERC-20 tokens. It provides various financial services including liquidation, staking, and credit from NFT tokens.

TVL: $63K

Chains:
Ethereum

Parallel Staking


Project Links


Description

Parallel allows users to earn more rewards across APE Staking pools, manage all their APE staking, and access instant APE liquidity for staking.

TVL: $26K

Chains:
Ethereum