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Parrot is a liquidity network for lending and borrowing on solana, offering a suite of DeFi products. Today, billions of dollars in value are locked in hundreds of DeFi and converted into different yield-generating tokens, such as Uniswap LP tokens or AAVE interest-bearing tokens. There are not many use cases where these LP tokens are available. The value locked in DeFi as LP tokens is inaccessible because their risk is opaque and their unit of account is not suitable for human consumption. The Parrot Protocol aims to make the value locked in LP tokens accessible by creating a liquidity and lending network backed by these LP tokens.
The Parrot Protocol, a liquidity network built on Solana, has faced controversy due to a recent proposal put forth by its team. The proposal, set to be voted on by July 27,

Binance, the world's largest cryptocurrency exchange, halted withdrawals on October 29, 2026 after unauthorized transfers drained one of its wallets.

Coinbase, Bithumb, Daishin Securities and Mirae Asset Global Investments each confirmed unrelated breaches within the same day, with three of the four incidents reported in South Korea.

Parataxis Holdings, known for its Bitcoin-focused asset management strategy, is taking a major step toward becoming a public company.
Ascending and descending triangles are the two most common right-angle chart patterns. Learn how to draw them correctly, confirm breakouts instead of guessing, project targets with the measured move, and control risk when the pattern fails.
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