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.
Parrot Protocol Price
$ 0.00002517(--)
PRT Price Chart
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Parrot Protocol Market Information
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- 2217
- 1,161,804,451.51
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About Parrot Protocol
Information
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| Max Supply | 21000000000 | Circulating Supply | -- |
| Listed Exchanges | 0 | Incentive Mechanism | -- |
| Encryption Algorithm | -- |
Parrot Protocol Price History
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Parrot Protocol News
Solana's Parrot Protocol Risk -89% Return with No Tokenization Proposal
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,Craig Green
Stablecoin Market Drops $10B, Analysts Downplay Concerns
The total market capitalization of stablecoins has fallen by $10 billion since May 2026, with a $7.7 billion decline occurring in June 2026 alone.Sherry Cantwell
New SEC Crypto Rule to Cut Red Tape for Startup Fundraising
The U.S. Securities and Exchange Commission plans to introduce a major regulatory framework this month to simplify capital formation and reduce operational hurdles for cryptocurrency businesses.Martha Grizzard
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