paraUSD is a fiat-backed stablecoin built on the Parabol Protocol, offering a revolutionary approach to yield generation in the stablecoin ecosystem. The protocol enables savers to access risk-free yields as a baseline through its innovative Reserve Stability Pool (RSP). Users can lend their paraUSD for specific time periods (like 28-day notes), earning both fixed income based on T-Bill rates and additional floating income derived from overnight repo market performance. Treasury departments can optimize cash management while maintaining security, and developers can easily embed these institutional-grade yields into their applications through Parabol's comprehensive APIs and SDKs. All positions are represented as NFTs that can be transferred across markets.
What is the highest value Parabol USD (PARAUSD) has ever reached?
Parabol USD (PARAUSD) reached its peak price at 1.17 $ on 16 April 2025, approximately 4 months ago ago. Presently, the current price is -14.35% lower than this all-time high.
What is the historical minimum price for Parabol USD (PARAUSD)?
The minimum price reached for Parabol USD (PARAUSD) was 0.9817 $, documented on 28 March 2025, more than 5 months ago. In comparison, the current price is 2.06%, it above this historical low.
What is the fully diluted valuation of Parabol USD (PARAUSD)?
The fully diluted valuation (FDV) of Parabol USD (PARAUSD) stands at $ 255,644. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of PARAUSD tokens. The realization of this FDV might take several years depending on the emission schedule of PARAUSD tokens.