Parallel @ParallelMoney
Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL app.parallel.best Parallel World Joined June 2022-
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Complete & Previous Reports can be found in our docs: docs.parallel.best/governance/dao…
The May 2026 DAO Treasury Report is out, powered by @OctavFi Total Holdings: $507,016.00 MoM Change: -$169,105.00 (-25.01%) More details ⤵️
Full report: gov.parallel.best/t/2026-paralle…
21st @cooper_labs Service Provider report is out: → Parallel v3.2 second audit completed, sUSDp fix audit underway → Transparency Dashboard v2 is live → PGP-40 PRL Burn Phase II approved & implemented; PIP-68 & PIP-69 published → Started Parallel Bank project Read the full report ⤵️
Here comes our twenty-first @ParallelMoney report, May 2026: - Parallel v3.2 second audit completed, sUSDp fix audit underway - Transparency Dashboard v2 is live - PGP-40 PRL Burn Phase II approved & implemented; PIP-68 & PIP-69 published - Started Parallel Bank project
The Thirteenth Fee-Sharing distribution to sPRL holders is now available for claim. - Distributed Amount: 4,296 PAR ($5,007) - sPRL holders: 59 - APR: 24% - 60% To claim ⤵️
sPRL2 v1 staking is now disabled ahead of the sPRL2 v2 launch. If you're already staked, you keep your voting power & fee sharing and can unstake at any time. Note: Fee sharing (PAR distributions) is paused for 3 months per PGP-42 (link below) and redirected to PRL buyback and burn.
New pool live: frxUSD/USDp on @CurveFinance (HyperEVM), in partnership with @fraxfinance ¤ Current APR: 15% 📈 Incentives live via @merkl_xyz LP link below 👇
Great article from our friends at @HypernativeLabs ⚡️ This is what a real security partnership looks like. Built before you need it, automated when it matters. Grateful to be working with a team that takes this as seriously as we do, and that it worked as intended.
An attacker spent 57 days quietly building a 99% position in @ParallelMoney's savings vault. The exploit transaction hit on May 7. Hypernative's automated pause fired within seconds. By the time the attacker tried again, the contracts were already locked. $1.52M saved. Zero
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