Parrot Protocol
PRT

$0.00006923

-5.21%
  • Market Cap
    $217,844.748
  • 24 Hour Trading Vol
    $376.453
  • Fully Diluted Valuation
    $218,077.102
  • Circulating Supply
    3,150,000,000
  • Total Supply
    3,150,000,000
  • Max Supply
    3,150,000,000
Parrot Protocol
The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP
Socials
Category
DeFi
Parrot Protocol Converter
PRT
1 PRT = $0.00006923
PRT Statistics
  • Parrot Protocol Price
    $0.00006923
  • Trading Volume
    $376.453
  • Market Cap
    $217,844.748
Parrot Protocol Price Chart (PRT)

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24h
7d
30d
3M
1Y
YTD
-5.21%
+1.81%
-29.16%
-39.30%
-94.48%
-89.85%
About Parrot Protocol

Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible.

Parrot protocol will collect fees from the services it provides, use the fees to buy back PRT on the open market, and cycle back the PRT as protocol incentives. The three main sources of protocol fees are:

Stability fees are collected on the stablecoin PAIBorrow interests on the PAI supplyLiquidation penaltiesBorrow fees are collected on the lending marketTrading fees for the vAMM. Note that the vAMM does not require LPs, so it’s possible for the protocol to capture the entire trading fees.
Parrot Protocol Markets
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