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PARAUSD

Rank #5056
Parabol USD logo

Parabol USD

1.00
+0.00248195844
+0.25%
Apr 25, 12:29 UTC

Parabol USD (PARAUSD) Profile & Statistics

About

paraUSD is a fiat-backed stablecoin built on the Parabol Protocol, offering a revolutionary approach to yield generation in the stablecoin ecosystem. The protocol enables savers to access risk-free yields as a baseline through its innovative Reserve Stability Pool (RSP). Users can lend their paraUSD for specific time periods (like 28-day notes), earning both fixed income based on T-Bill rates and additional floating income derived from overnight repo market performance. Treasury departments can optimize cash management while maintaining security, and developers can easily embed these institutional-grade yields into their applications through Parabol's comprehensive APIs and SDKs. All positions are represented as NFTs that can be transferred across markets.


Info & Links

Website

Contracts

  • base:
    0x1f9…57b9d

Explorers

Source Code


PARAUSD Statistics

24H Low/High
  • Rank
    #5,056
  • Market Cap
    $256,090
  • Fully Diluted Valuation
    $3

  • Circulating Supply
    255,036
  • Max Supply
    -
  • Total Supply
    255,036

  • 24H Trading Vol
    $411
  • Hashing Algorithm
    -
  • Block Mining Time
    -
Performance Table

Change vs. USD

1D
+0.25%
7D
+0.09%
30D
+0.31%
YTD
N/A
1Y
N/A

Circulating/Total
100.00%
Mkt Dominance
0.00%

PARAUSD Social Stats

  • Twitter Followers
    10,985
  • Reddit Subscribers
    0
  • Reddit Average Active Accounts
    0
  • Reddit Average New Posts Per Hour
    0
  • Reddit Average Comments Per Hour
    0
  • Telegram Channel Users
    284

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