1. Summary
- Price
-
$0.000756460000 +2.8%
- Market Cap
- $5.53M (#2040)
- Supply
- 7.31B / 9.28B
- 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.
| Price | |
| 52W High price | $0.003041003500 |
| 52W High date | 26th Mar 2024 (7 months ago) |
| All Time High (ATH) Date | 31st Oct 2021 (3 years ago) |
| ATH Price | $0.04 |
| % From ATH | -98.3% |
| All Time Low (ATL) Date | 22nd Nov 2022 (2 years ago) |
| ATL Price | $0.000554820000 |
| % From ATL | 28.5% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $281,600.00 |
| Total Supply | 9.28B |
| Max Supply | 10.00B |
| Circulating Supply | 7.31B |
PBX
How does Paribus's (PBX) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-24.1%
PBX
72.6%
Similar Market Cap
60 Day Return
14.4%
PBX
32.6%
Similar Market Cap
1 Year Return
-24.9%
PBX
-22.4%
Similar Market Cap
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 111
Most Active Repos
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| Past 12 weeks | |
| Past year |
| Past week | |
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| Past 12 weeks | |
| Past year |
| Past week | |
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| Past 12 weeks | |
| Past year |
| Past week | |
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| 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.
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 | 6,766 |
| Twitter followers | 35,324 |
No recent news found.
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... |
| @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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