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About

Parallel's mission is to innovate and bring DeFi to the next level. We are creating the most secure and easy-to-use decentralized platform to empower everyone access to financial services. Simply supply the assets, we optimize the best yield for you and you don't have to do all the complicated DeFi stuff, in a secure and decentralized way. Our platform introduces a new financial primitive for staked DOT, which allows users to accrue interest from staking while still having a liquid asset not subject to lockups or lengthy unlock periods. This staked DOT financial primitive will be referred to as xDOT. Lenders will be able to earn interest income on their xDOT, and borrowers will be able to get loans against their DOT denominated in stable coins without selling their DOT. The Parallel lending protocol uses a pool-based strategy that aggregates each user's supplied assets. This lending protocol will have a DOT, sDOT, and USDT pool where users can deposit their assets and earn interest.

About

Raydium is an automated market maker (AMM) built on the Solana blockchain which leverages the central order book of the Serum decentralized exchange (DEX) to enable lightning-fast trades, shared liquidity and new features for earning yield. Other AMM DEXs and DeFi protocols are only able to access liquidity within their own pools and have no access to a central order book. Additionally, with the majority of platforms running on Ethereum, transactions are slow and gas fees are high. We leverage the efficiency of the Solana blockchain to achieve transactions magnitudes faster than Ethereum and gas fees which are a fraction of the cost. Raydium provides on-chain liquidity to the central limit order book of the Serum DEX, meaning that Raydium allows access to the order flow and liquidity of the entire Serum ecosystem. For traders who want to be able to view TradingView charts, set limit orders and have more control over their trading.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Professionals and anyone searching for a solution to manage their digital assets and blockchains

Audience

Crypto users who need an on-chain order book AMM powering the evolution of DeFi to increase control over their trading

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 5.0 / 5
ease 5.0 / 5
features 5.0 / 5
design 5.0 / 5
support 5.0 / 5

Pros & Cons from Real Users

Pros

  • It's amazing. Easy to use. Good UI. Help desk is amazing. TVL is huge. Solana is ETH killer. Buy buy buy buy buy buy buy buy. Buy now or regret later.

Cons

  • Nothing.

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Parallel
Founded: 2021
parallel.fi/

Company Information

Raydium
raydium.io

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TrueFi

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Alternatives

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yearn.finance
Jupiter

Jupiter

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Cream

Cream

C.R.E.A.M. Finance

Categories

Crypto Staking Supported
DApps Supported
DeFi Projects Supported
DeFi Tools Supported
Yield Farms Supported

Categories

Integrations

Phantom Supported
Solana Supported
1Sol Not Supported
Avalanche Supported
Bitpie Not Supported
Botify.cloud Not Supported
Ethereum Supported
FluxBeam Not Supported
Ledger Not Supported
MathWallet Not Supported
Moonshot Not Supported
Polygon Supported
SafePal Not Supported
Socean Not Supported
Solana Tracker Not Supported
Solflare Not Supported
Solong Not Supported
Telegram Supported
polkadot{.js} Supported

Integrations

Phantom Supported
Solana Supported
1Sol Supported
Avalanche Not Supported
Bitpie Supported
Botify.cloud Supported
Ethereum Not Supported
FluxBeam Supported
Ledger Supported
MathWallet Supported
Moonshot Supported
Polygon Not Supported
SafePal Supported
Socean Supported
Solana Tracker Supported
Solflare Supported
Solong Supported
Telegram Not Supported
polkadot{.js} Not Supported
Claim Parallel and update features and information
Claim Parallel and update features and information
Claim Raydium and update features and information
Claim Raydium and update features and information