About Parrot USD
The Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. Today billions of dollars of value are locked in hundreds of DeFi systems, and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible, because their risks are opaque, and their units of account unsuitable for human consumption. The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The Secret Parrot Master Plan (just between you and me): Create the PAI stablecoin, backed by LP tokens as collaterals. This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other. Create the Parrot Lending market, taking LP tokens as collaterals. This allows LP holders to access their locked value by borrowing against lender liquidity. Create a margin trading product (virtual AMM) using PAI as the common unit of account. This allows the Parrot community to collect fees, and feed the family.
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Traders
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Market Stats
Market Cap
$4.05M
0.1%
FDV
$16.63M
Circ. Supply
4.2M PAI
Max Supply
Not enough data
Total Supply
17M PAI
Diluted Valuation
$16.62M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$11.14
168.43%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$2.19
Price Change (1Y)
-4.17%
Additional info about Parrot USD
Recent trends
The latest PAI price is $0.97. Compared to Parrot USD's value of $0.97 from 24 hours ago, there's been a 0% increase, while the current price is -0% down from $0.97 which was recorded one week ago. Parrot USD's all time high is $2.19, which was reached on October 12, 2022. This is a -56% change from its price today.
The market cap is currently $4.05M, which is a result of multiplying the current price of Parrot USD($0.97) by the total supply(17,173,774 PAI). The fully diluted valuation of Parrot USD is $16.63M. The diluted valuation of Parrot USD is $16.63M.
Market details
PAI vs markets
↘ 24.06%
PAI vs BTC
↘ 36.32%
PAI vs ETH
↗ 41.35%
Tags
Network & Addresses
Network | Address | |
---|---|---|
Solana | Ea5SjE2Y6yvCeW5dYTn7PYMuW5ikXkvbGdcmSnXeaLjS |
Price history
Time | Price | Change |
---|---|---|
Today | $0.97 | ↗ 0.12% |
1 Day | $0.97 | ↗ 0.12% |
1 Week | $0.97 | ↘ 0.10% |
1 Month | $0.92 | ↗ 5.06% |
1 Year | $1.01 | ↘ 4.17% |
FAQ
We update our Parrot USD to USD currency in real-time. Get the live price of Parrot USD on Coinbase.
The current market cap of Parrot USD is $4.05M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Parrot USD is $2.19. This all-time high is highest price paid for Parrot USD since it was launched.
Over the last 24 hours, the trading volume of Parrot USD is $11.14.
Assets that have a similar market cap to Parrot USD include OLOID, BlueSparrow Token, Luna Inu, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Parrot USD is 4.2 million.
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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.
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