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.
Trading Insights
Traders
20
Market Stats
Market Cap
£3.03M
0.03%
FDV
£16.68M
Circ. Supply
4.2M PAI
Max Supply
Not enough data
Total Supply
17M PAI
Diluted Valuation
£12.43M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£7.77
-91.87%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£1.64
Price Change (1Y)
-4%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Parrot USD has decreased by 0.00% in the last hour and increased by 0.00% in the past 24 hours. Parrot USD’s price has also risen by 0.25% in the past week. The current price is £0.72 per PAI with a 24-hour trading volume of £7.77. Currently, Parrot USD is valued at 55.75% below its all time high of £1.64. This all-time high was the highest price paid for Parrot USD since its launch.
The current circulating supply of Parrot USD is 4,184,895.402 PAI which means that Parrot USD has as total market cap of £3,029,234.32.
Market details
PAI vs markets
↘ 41.15%
PAI vs BTC
↘ 48.21%
PAI vs ETH
↘ 3.02%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | Ea5SjE2Y6yvCeW5dYTn7PYMuW5ikXkvbGdcmSnXeaLjS |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.72 | 0.00% |
1 Day | £0.72 | 0.00% |
1 Week | £0.71 | ↗ 0.25% |
1 Month | £0.72 | ↗ 0.23% |
1 Year | £0.78 | ↘ 4.00% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
We update our Parrot USD to GBP currency in real-time. Get the live price of Parrot USD on Coinbase.
The current market cap of Parrot USD is £3.03M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Parrot USD is £1.64. 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 £7.77.
Assets that have a similar market cap to Parrot USD include Ezillion, Vital Network, BlockAura, 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.
Parrot USD calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.