Parallel
PARCrypto-backed EUR-pegged Rank #198
Price
$1.1617
Market Cap
$1.56M
Market Cap
$1.56M
Dominance
0.00%
of market
Price
$1.1617
% Off Peg
—
24h Supply
+0.00%
7d Supply
+3.53%
30d Supply
+3.44%
Networks
3
chains
Circulating Supply
Total PAR across all chains
$1.19M
$1.04M
Sep 6, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Ethereum
$927.0K 80.3%
Polygon
$155.0K 13.4%
Fantom
$71.8K 6.2%
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.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract 0x6803…4703
