Rank #2540
pai Parrot USD
$ 0.9693
0.00001412 BTC
1,412 satoshies
Market Cap
4,05 MLN. $
24 Hour Trading Vol
9.9213 $
Circulating Supply
4,18 MLN.
Total Supply
17,17 MLN.
Max Supply
-
Fully Diluted Valuation
16,60 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
-
-
-
-
-
-
Parrot USD Price Statistics
0.9693 $
0.967 $ / 0.9709 $
9.9213 $
#2540
4,05 MLN. $
10.76 $
-90.99%
23 November, 2023, (2 years ago)
0.05561 $
17,27 MLN.%
15 September, 2022, (3 years ago)
Parrot USD Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Parrot USD Performance
Trading Pair
day
week
month
pai
/
usd
-0.03%
0.22%
-0.3%
pai
/
btc
-0.03%
0.22%
-0.3%
pai
/
eth
-0.03%
0.22%
-0.3%
About Coin
The 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.
Today billions of dollars of value are locked in hundreds of DeFi systems, and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible, because their risks are opaque, and their units of account unsuitable for human consumption.
The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The Secret Parrot Master Plan (just between you and me):
Create the PAI stablecoin, backed by LP tokens as collaterals. This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other.
Create the Parrot Lending market, taking LP tokens as collaterals. This allows LP holders to access their locked value by borrowing against lender liquidity.
Create a margin trading product (virtual AMM) using PAI as the common unit of account. This allows the Parrot community to collect fees, and feed the family.
Where is Parrot USD available for purchase?
What is the highest value Parrot USD (PAI) has ever reached?
Parrot USD (PAI) reached its peak price at 10.76 $ on 23 November 2023, approximately 2 years ago ago. Presently, the current price is -90.99% lower than this all-time high.
What is the historical minimum price for Parrot USD (PAI)?
The minimum price reached for Parrot USD (PAI) was 0.05561 $, documented on 15 September 2022, more than 3 years ago. In comparison, the current price is 17,27 MLN.%, it above this historical low.
What is the fully diluted valuation of Parrot USD (PAI)?
The fully diluted valuation (FDV) of Parrot USD (PAI) stands at $ 16,60 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of PAI tokens. The realization of this FDV might take several years depending on the emission schedule of PAI tokens.
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