Parallel USD
PAUSDCrypto-backed USD-pegged Rank #352
Price
$0.999929
-0.01% off peg
Market Cap
$21.6K
Market Cap
$21.6K
Dominance
0.00%
of market
Price
$0.999929
% Off Peg
-0.01%
24h Supply
0.00%
7d Supply
+3.51%
30d Supply
+3.51%
Networks
2
chains
Circulating Supply
Total PAUSD across all chains
$35.7K
$18.9K
Sep 3, 2025
Sep 3, 2026
Chain Distribution
Current supply by network
Ethereum
$21.5K 99.4%
Polygon
$120 0.6%
About Parallel USD
paUSD is a USD stablecoin backed by collaterals, and can only be minted with governance-approved collaterals. paUSD are created when users deposit accepted tokens (such as WETH, WBTC, USDC, etc) as collateral in vaults and in turn receive a loan against that collateral
Mint & redeem
Tokens are minted by creating a vault on Parallel
Links & references
Official website View on DefiLlama Twitter / X DefiLlama wiki Audit / transparency
Contract 0x571f…fa02
