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About Parallel
Mimo Protocol is a Collateralized Debt Position (CDP) protocol deployed on Ethereum, Polygon and Fantom. The stablecoin (PAR) is decentralized (controlled by vMIMO holders), non-custodial, overcollateralized, and fully redeemable synthetic asset pegged to the Euro fiat currency.
Happening now
AI generated 2h ago
PAR emerged as the top Stablecoin performer with a ↗0.1% daily gain since the weekend.
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Trading Insights
Market Stats
Market Cap
ARS 4.22B
2.77%
FDV
ARS 4.22B
Circ. Supply
2.2M PAR
Max Supply
Not enough data
Total Supply
2.2M PAR
Diluted Valuation
ARS 4.3B
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
ARS 353.66K
301.6%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
ARS 5.76K
Price Change (1Y)
Not enough data
23.73%
Additional details
Market details
PAR vs markets
↗ 113.27%
PAR vs BTC
↗ 124.01%
PAR vs ETH
↗ 141.18%
Tags
stablecoin
algorithmic-stablecoin
asset-backed-stablecoin
eur-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x68037790A0229e9Ce6EaA8A99ea92964106C4703 | |
Fantom | 0x13082681E8CE9bd0aF505912d306403592490Fc7 | |
Polygon | 0xE2Aa7db6dA1dAE97C5f5C6914d285fBfCC32A128 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 1,888.42 | |
1 Day | ARS 1,866.76 | |
1 Week | ARS 1,810.28 | |
1 Month | ARS 1,805.27 | |
1 Year | ARS 1,311.10 |
Coinbase insights
Happening now
AI generated 2h ago
PAR emerged as the top Stablecoin performer with a ↗0.1% daily gain since the weekend.
Market Position
•
Claims first position in weekly price growth at ↗3%, outpacing DAI and USDC
•
Yearly gains of ↗23% significantly outperform Stablecoin category average decline
•
Trading volume ranks last among Stablecoin peers despite ↗18% market growth
Recent trends
The latest PAR price is ARS 1,888.42. Compared to Parallel's value of ARS 1,866.76 from 24 hours ago, there's been a 2% increase, while the current price is 4% up from ARS 1,810.28 which was recorded one week ago. Parallel's all time high is ARS 5,760.53, which was reached on May 29, 2023. This is a -67% change from its price today.
The market cap is currently ARS 4.22B, which is a result of multiplying the current price of Parallel(ARS 1,888.42) by the total supply(2,240,894 PAR). The fully diluted valuation of Parallel is ARS 4.22B. The diluted valuation of Parallel is ARS 4.22B.
FAQ
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
