Parallel Polkadot AMM
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Protocol TVL
About Parallel Polkadot AMM
Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing in the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn double yield on their staked coins, and borrowers can collateralize to borrow.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Parallel Polkadot AMM codebase lineage and protocol family
Parallel Polkadot AMM is published as a versioned release inside the Parallel Super App protocol family. Releases inside the same family typically share governance, brand, and large parts of the audit history, but each version can run materially different contract logic — a release labelled v2 or v3 is not just a UI refresh. Newer versions inside a family typically launch with their own audit cycle and parameter set, so do not assume the previous release's safety record carries over without checking the linked audit reports.
Fork lineage and parent-protocol relationships are tracked by DeFiLlama for security and audit-history attribution; a fork inherits the upstream design but not necessarily the upstream audits or governance.
Parent Protocol
Parallel Polkadot AMM is a versioned release inside a larger protocol family. View the parent for combined TVL and all sibling versions.
Parallel Super AppProtocol Profile
Parallel Polkadot AMM is a DEX — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 2 chains, including Heiko, Parallel.
Supported Chains
Official Resources & Links
Verified external resources for Parallel Polkadot AMM — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other DEX protocols on Mantapex
Parallel Polkadot AMM is one of 7 DEX protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Curve DEX, Uniswap V3, PancakeSwap AMM, and 3 more. These peer protocols collectively secure $8B in deposits, giving you a frame of reference for whether Parallel Polkadot AMM's own TVL is at the top, middle, or tail of the category.
Treasury
Recent Parallel Polkadot AMM news
Latest reporting from major crypto news outlets covering Parallel Polkadot AMM.
- Bitcoinist
Parastate Teams Up With Parallel Finance to Incentivize Polkadot Crowdloaners
Geminis Network Users Will Be the Major Beneficiaries ParaState, a multi-chain smart contract platform bridging the application and developer ecosystems between different chains…
- Crypto Economy
Polkadot 2.0 Will Arrive in Q1 2025 Incorporating Elastic Scaling to Boost Network Performance
TL;DR Polkadot 2.0 will be launched in Q1 2025, incorporating Elastic Scaling to improve the scalability and performance of the network. Elastic Scaling, currently being tested on…
- CryptoSlate
Efinity becomes the winner of Polkadot's sixth parachain auction
Efinity joins the league of Polkadot parachain slot auction winners–Acala, Moonbeam, Astar, Parallel Finance, and finally, Clover Finance. The post Efinity becomes the winner of…
- BeInCrypto
DOT, ANKR and REEF – Indecision Looms Large Within DOT Ecosystem
Polkadot (DOT) has been increasing since May 23 and is trading inside a symmetrical triangle. Ankr (ANKR) & Reef Finance (REEF) are both trading inside descending parallel…
- Crypto Daily
Parallel MPC Network Ika Arrives on Sui With the Promise of Greater Security and Interoperability
Parallel MPC (multi-party computation) network Ika has announced its launch on Layer 1 blockchain Sui. Formerly known as dWallet Network, Ika provides an interoperability solution…
- Crypto news
VanEck-backed NFT card game Parallel coming soon to Epic Games Store
Parallel, a science fiction trading card game with support for non-fungible tokens (NFTs), is coming to Epic Games Store following its latest $35 million funding. The developers…
- CoinMarketCap
Parallel Studios Secures $35M in Funding for Ethereum NFT Game Parallel and AI-Powered Colony
Parallel Studios, the startup behind the popular Ethereum NFT card-battler game Parallel, has announced a successful funding round.
- CoinMarketCap
Web3 Game Studio Parallel Launches Survival Simulation Game on Solana, PRIME Reaches All-time Highs
Parallel Studios, the developer behind the Ethereum NFT card game Parallel, has announced its next crypto game, Colony.
Related protocols
Other DeFi protocols connected to Parallel Polkadot AMM by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other Dexs protocols
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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