We have launched a Bug Bounty Program with Immunefi! Whitehats can now earn up to $250,000 for helping keep Parallel safe. 🔗 Details: immunefi.com/bug-bounty/par…

sUSDp yield just hit 12% APR! Stake your USDp to earn real and sustainable yield. The best part? It's available on Ethereum, Base, Sonic, HyperEVM, and Avalanche. Stake now: app.parallel.best/earn Get USDp here: app.parallel.best/mint

13th Cooper Labs service provider report is out: → Launched Parallel V3 & USDp on 16 chains → App mobile version currently in the internal testing phase, expected to go live this month → Ads expected to go live this month - More details about the growth strategy

Live Bug Bounty Program with Immunefi🛡️ Earn up to $250,000 for helping keep Parallel safe! All you need to know is below ↓

Big thanks to the Bailsec team for their work and partnership! 🙌 We chose to work with Bailsec due to their expertise and rigorous standards to audit the Parallel Protocol V3 Core. 📄 Dive into the full audit report here: github.com/bailsec/BailSe…

New pool live: USDp / frxUSD on Curve Finance Sonic with Frax Finance ¤⛓️¤💧 Incentives now live. APY up to 251% 🔥 Add liquidity & start earning. Pool link below ↓

The most rewarding pool on all of Sonic right now is the Frax frxUSD/USDp Curve Finance pool with Parallel Protocol. LP while the APY is high👇

We’ve partnered with Octav to generate automated DAO Treasury Reports monthly. We have now also integrated their API to price user positions across the dApp. Big thanks to the Octav Team for a smooth partnership! 🤝

Some assets backing USDp slightly depegged during market flash crash, including USDe, sUSDe, frxUSD & sfrxUSD. However thanks to depeg protection USDp didn't depeg and continued to operate as expected during the entire market crash. This was Parallel V3's first stress test,

We’re excited to partner with Trevee (Prev. Rings Protocol) Trevee brings yield strategies to Sonic through its scUSD stablecoin, which is backed by other stable assets and deployed across DeFi protocols. Together, Parallel and Trevee are expanding stablecoin utility and yield opportunities on

New partnership live: Parallel × Stake DAO StakeDAO has boosted the USDp/frxUSD pool on Curve Finance (Sonic) and integrated it into VoteMarket to bribe veCRV holders, maximizing yield opportunities for LPs 🔥 💧 Strategy Information & Deposit below ↓

📈 Milestone achieved! USDp has hit over $1M in daily trading volume for two consecutive days, marking a new record! And this is just the beginning... more integrations, more chains, more yield ahead!

We did it! Parallel V3 has surpassed $1M in total value locked! 🚀 This is a significant milestone on our journey. A big thank you to our community and partners for fueling growth across chains! Start earning ↓

🚀 Another Milestone Reached! The USDp/frxUSD pool on Curve Finance (Sonic) has just surpassed $1M in TVL! Our first USDp pool to cross the mark! Big thanks to @FraxFinance and all LPs for the support! 💧 Add liquidity & start earning ↓

Last week was tough. Today too. Markets crashed. Many got liquidated. But Parallel V3? ✅ Passed its first real stress test flawlessly ✅ USDp stayed pegged throughout ✅ Hit record $1M+ daily volume (2 days straight) ✅ Crossed the $1M TVL mark on V3 ✅ Announcing new

Parallel is now mobile! 📱 You can now access the full Parallel experience directly from your phone: track yields, earn, and manage your USDp anywhere, anytime. Have a look ↓

We’re excited to partner with Gelato to power Parallel V3 backend automation, using Gelato Functions ⚙️ This helps make Parallel more reliable, efficient, and autonomous.

🏆 BINUS Jakarta 🇮🇩 Winners Announcement! 🏆 After a fantastic round of builds and demos from BINUS students & alumni, the top spot goes to LoanGuardian Christopher H.G 🎉 Huge kudos to all the teams who shipped, pitched, and pushed through 🙌 Big thanks to BINUS UNIVERSITY and to our

Big thanks to Certora for the security assessment and formal verification 🤝 Appreciate the rigor and partnership as always. 📄 Full report ↓

Expanding Liquidity with OpenOcean - An EVM + Solana DeFi Aggregator 🌊 We’re thrilled to announce a three-layer integration between Parallel and OpenOcean, bringing deeper liquidity and seamless interoperability between both ecosystems. 🔗 Read more ↓