Parrot USD current market price is $1.01 with a 24 hour trading volume of $7,302. The total available supply of Parrot USD is 4,201.04K PAI with a maximum supply of (Not Available) PAI. It has secured Rank 1899 in the cryptocurrency market with a marketcap of $4,234.27K. The PAI price is -0.81% down in the last 24 hours.
The lowest price of the Parrot USD is $0.998 & the highest price is $1.02 in the last 24 hours. Live Parrot USD prices from all markets and PAI coin market Capitalization. Stay up to date with the latest Parrot USD price movements. Check our coin stats data and see when there is an opportunity to buy or sell Parrot USD at best price in the market.
#1899
$1.01
$-0.01 -0.81%
$0.998 / $1.02
$4,234.27K -0.53%
$7,302
4,201.04K PAI
(Not Available) PAI
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-0.81%
-0.02%
-0.05%
0.09%
0.25%
1.17%
Compare live prices of Parrot USD on top exchanges.
# | Exchange | Pair | Price | Volume (24h) |
---|---|---|---|---|
Meteora | EA5SJE2... / EPJFWDD... | $1.01 | $7,302 | |
Jupiter | EA5SJE2... / EPJFWDD... | $1.01 | $1,193,462 |
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.
https://solscan.io/token/Ea5SjE2Y6yvCeW5dYTn7PYMuW5ikXkvbGdcmSnXeaLjS
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