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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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6/6/2025, 7:48:22 PM

Trading Insights

Traders

21

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

0

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

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