Parrot Protocol PRT
1. Summary
- Price
-
$0.000138810000 +72.4%
- Market Cap
- $0.00 (#12188)
- Supply
- 0.00 / 2.23B
- Description
-
Parrot Protocol (PRT)
Parrot Protocol (PRT)
A liquidity network for borrowing and lending on the Solana blockchain.
About
Parrot Protocol is designed to unlock value in DeFi by collaterizing LP tokens from various protocols, providing a suite of products, including the stablecoin PAI, synthetic BTC (pBTC), synthetic SOL (pSOL), the Parrot stake pool token (prtSOL), and +EARN vaults where deposited collateral generates yield for borrowers.
Key Metrics
- Total Supply: 2,100,000,000 PRT
- Market Information: Parrot Protocol tokens can be traded on centralized exchanges, with popular pairs including PRT/USDT. The fully diluted valuation (FDV) is approximately $514,462.
Features
- Governance Token: PRT is the governance token, primarily used for incentivizing users and governing the protocol.
- Stablecoin: Parrot Protocol's stablecoin, PAI, is pegged to 1 USD and maintained through overcollateralization and interest rates.
- Lending and Borrowing: The protocol allows for borrowing and lending using various collateral, including LP tokens from other DeFi protocols.
- Synthetic Assets: Parrot Protocol offers synthetic assets like pBTC and pSOL, providing users with more liquidity options.
- Staking: prtSOL is the stake pool token, earned by transferring existing stake accounts or depositing SOL directly into the protocol.
Token Use Cases
- Governance: Users can lock up PRT to receive governance tokens, enabling participation in the protocol's decision-making processes.
- Protocol Incentives: PRT can be used as incentives to attract and retain users.
- Backstop: PRT can be used to backstop any shortfalls in the lending market if the system becomes insolvent.
| Price | |
| 52W High price | $0.000625094600 |
| 52W High date | 15th Mar 2024 (1 year ago) |
| All Time High (ATH) Date | 19th Sep 2021 (3 years ago) |
| ATH Price | $0.03 |
| % From ATH | -99.83% |
| All Time Low (ATL) Date | 6th Feb 2025 (3 months ago) |
| ATL Price | $0.000049910000 |
| % From ATL | 18.45% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $111,345.00 |
| Total Supply | 2.23B |
| Max Supply | 21.00B |
PRT
How does Parrot Protocol's (PRT) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
-10.3%
PRT
-
Similar Market Cap
60 Day Return
-15.3%
PRT
-
Similar Market Cap
1 Year Return
-87.7%
PRT
-
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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 | 879 |
| Active Discord Users | 6 |
| Telegram Users | 816 |
| Twitter followers | 31,643 |
-
gopartyparrot.medium.com/parrot-protocol-q1-2022-roadmap-84c5d3141570
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://parrot.fi/ |
|---|---|
| Explorer | https://solscan.io/token/PRT88RkA4Kg5z7pKnezeNH4ma... |
| @gopartyparrot |
What is the correct contract address for Parrot Protocol?
| Solana | PRT88RkA4Kg5z7pKnezeNH4mafTvtQdfFgpQTGRjz44 |
|---|
Has Parrot Protocol been audited for security?
No security audits found for this project.
Are you the owner of Parrot Protocol? Edit it here
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