Parallel Protocol | Open a New Parallel World

Independent Proof of Solvency

Transparent, verifiable, and independently proven USDp reserves. Powered by Octav & Debank

Verification Interval

LIVE

Last Updated:

Data Provider

Verification Interval

Last Updated:

LIVE

Data Provider

Total TVL

Total Protocol Reserves

Verifiability

Reserves are verifiable

Total USDp Supply

USDp Price

Collateral Ratio

sUSDp APY

Percent USDp Staked

Reserves Addresses

Name	Address
ParallelizerUSDp	0x6efeDDF9269c3683Ba516cb0e2124FE335F262a2
ParallelizerUSDp	0xBEFBAe2330186F031b469e26283aCc66bb5F8826
ParallelizerUSDp	0x1250304F66404cd153fA39388DDCDAec7E0f1707
ParallelizerUSDp	0xC3BEF21Ea7dEB5C34CF33E918c8e28972C8048eD
ParallelizerUSDp	0x41d58951cbd12D4Ef49b0437897677bbF5547C80

Parallel's Proof of Solvency is powered by Octav & Debank, leveraging their automated NAV reports & API products.

USDp reserves are entirely held onchain in smart contracts with rules defined by the DAO. This means that no one, including contributors have access to USDp reserves.

Are USDp reserves managed by a multisig?

Are USDp reserves invested in offchain assets?

How long does it takes to redeem USDp against its reserves?

Can contributors pause mint, burn & redeem functions of USDp?

Are USDp reserves managed by a multisig?

Are USDp reserves invested in offchain assets?

How long does it takes to redeem USDp against its reserves?

Can contributors pause mint, burn & redeem functions of USDp?