Parallel
PARCrypto-backed EUR-pegged Rank #184
Price
$1.1624
Market Cap
$1.46M
Market Cap
$1.46M
Dominance
0.00%
of market
Price
$1.1624
% Off Peg
—
24h Supply
-0.44%
7d Supply
+0.30%
30d Supply
-1.89%
Networks
3
chains
Circulating Supply
Total PAR across all chains
$1.54M
$1.04M
Jun 4, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$849.8K 78.6%
Polygon
$159.8K 14.8%
Fantom
$71.8K 6.6%
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
