PAR

Parallel

PAR
Crypto-backed EUR-pegged Rank #194

Price

$1.1441

Market Cap

$1.45M

Market Cap

$1.45M

Dominance

0.00%

of market

Price

$1.1441

% Off Peg

24h Supply

0.00%

7d Supply

+0.01%

30d Supply

+2.98%

Networks

3

chains

Circulating Supply

Total PAR across all chains

$1.47M
$1.04M
Jul 18, 2025
Jul 17, 2026

Chain Distribution

Current supply by network

Ethereum
$882.6K 79.4%
Polygon
$157.2K 14.1%
Fantom
$71.8K 6.5%

About Parallel

The PAR token is a price-stable token pegged to the Euro. Users generate PAR by depositing collateral assets into MIMO vaults within the MIMO protocol.

Mint & redeem

Using the MIMO app, users mint PAR by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back PAR is burned.

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.