Description
Parex Network is a scalable, secure, and efficient Layer 1 blockchain that allows developers to build decentralized applications, facilitating frictionless data and asset transfers across different blockchain networks. Operating on the PEP20 standard with its own Parex Chain, the ecosystem's core asset is the PRX coin, used for transaction fees. The platform includes dApps for validation, staking, bridging assets to other chains like the Binance Smart Chain, Parex Swap, and Raccoonswap. Launched in 2022 as a community-driven project with a fair launch model, it has been audited by Certik and is listed on platforms like ChainList, CoinGecko, and CoinMarketCap.