Parallel Finance
Parallel Finance is a pioneering L2 DeFi platform offering staking, lending, and trading via a super app. Backed by significant investment, it boasts $150M in total value locked, 100K community members, and 60K on-chain users. Emphasizing customer-centricity, security, and a seamless UX, Parallel provides innovative solutions like free gas, collateralized asset borrowing, and buy now, pay later for NFTs. With rigorous security audits and comprehensive developer support, Parallel is setting new standards in DeFi accessibility and efficiency.
Funding rounds
- Series B · $5.0M · 5 Apr 2022, backed by Coinbase Ventures
+2 more funding rounds. Sign up free to see them.
Portfolio
- Ether.Fi · Series A · $27.0M · 28 Feb 2024
Top sectors: DeFi, Infrastructure
Top stages: Series A