1. Summary

Ranks

Liquidity
80
Developer
-
Social
80
Momentum (beta)
34
Stack Rankā„¢
-
Price
$0.000722870000 -1.8%
Market Cap
$5.29M (#1804)
Supply
7.21B / 9.28B
Price
52W High price $0.003041003500
52W High date 26th Mar 2024 (6 months ago)
All Time High (ATH) Date 31st Oct 2021 (2 years ago)
ATH Price $0.04
% From ATH -96.91%
All Time Low (ATL) Date 22nd Nov 2022 (1 year ago)
ATL Price $0.000554820000
% From ATL 133.86%
Supply & Trading Volume
Trading Volume (24h) $80,094.00
Total Supply 9.28B
Max Supply 10.00B
Circulating Supply 7.21B
Description

Overview

Overview

Paribus is a cross-chain borrowing and lending protocol that supports NFTs, liquidity positions, synthetic assets, and real-world assets. It is built on the Cardano blockchain and aims to unlock the full potential of these assets by making them interoperable financial instruments that can be used within DeFi protocols across different chains.

Key Features

  • NFT collateral-based loans: Users can borrow against their NFT investments, freeing up capital while the underlying NFT appreciates in value.
  • LP collateral-based loans: Borrowers can use AMM (Automated Market Maker) liquidity positions as collateral, allowing them to leverage their LP investments.
  • Synthetic asset lending and borrowing: Users can lend, borrow, or stake synthetic assets, increasing capital efficiency or investment flexibility across different chains.
  • Metaverse integration: Paribus allows users to unlock liquidity from their metaverse assets and positions.
  • PBX token profit sharing: Holders of the PBX token can earn a percentage of fees collected by the network, based on a tiered staking model.
  • Chain agnostic operation: The protocol operates across multiple blockchains, including Avalanche, Binance Smart Chain, Cardano, Ethereum, Solana, and Polygon.

Governance and Security

  • The PBX token is Paribus' governance token, enabling holders to create and vote on proposals relating to protocol guidance.
  • The protocol uses advanced NFT valuation algorithms, providing loans instantly in a non-P2P manner and positioning itself to meet future legal requirements.
  • Oracles are used to aggregate quotes from the top 12 exchanges, ensuring accurate price data.

Mission

Paribus' mission is to help users unlock the liquidity locked in various digital assets and to evolve these assets into interoperable financial instruments that can be seamlessly integrated into DeFi protocols on different blockchains.

2. Price

PBX

2.1. Market Performance

How does Paribus's (PBX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-19.5%

PBX

26.2%

Similar Market Cap

60 Day Return

-48.2%

PBX

27.4%

Similar Market Cap

1 Year Return

56.7%

PBX

23.8%

Similar Market Cap

3. Developer Activity

We're monitoring 4 Paribus GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Paribus Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 114

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 52 developers have contributed to Paribus over the past year. Who are the most active Paribus developers, by commits, over the past year?

Related Projects

Developers working on Paribus also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 6,488
Twitter followers 36,081
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://paribus.io/
Explorer https://etherscan.io/token/0xd528cf2e081f72908e086...
Twitter @paribus_io

What is the correct contract address for Paribus?

Cardano cc8d1b026353022abbfcc2e1e71159f9e308d9c6e905ac1db24c7fb650617269627573
Ethereum 0xd528cf2e081f72908e086f8800977df826b5a483
Arbitrum-one 0xbad58ed9b5f26a002ea250d7a60dc6729a4a2403

Has Paribus been audited for security?

No security audits found for this project.

Are you the owner of Paribus? Edit it here

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