About Parabol USD PARAUSD

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.

Parabol USD (PARAUSD) Price Data

Parabol USD (PARAUSD) price has increased today.

Parabol USD price today is $1.0016 with a 24-hours trading volume up by 0.00%. PARAUSD price is up in the last 24 hours. It has a circulating supply is 255,578 PARAUSD coins and a total supply of 255,566.

What is the highest price for Parabol USD?

The all-time high price of Parabol USD is $1.0067 on Apr 2, 2025.

What is the lowest price for Parabol USD?

The all-time low price of Parabol USD is $0.9966 on Mar 26, 2025.