About Parrot Protocol
Parrot Protocol (PRT) is a cryptocurrency and operates on the Solana platform. Parrot Protocol has a current supply of 0. The last known price of Parrot Protocol is 0.00008099 USD and is up 2.82 over the last 24 hours. It is currently trading on 15 active market(s) with $17,683.89 traded over the last 24 hours. More information can be found at
Get up to $200 for getting started
Sign me up
Market Stats
Market Cap
Not enough data
FDV
$1,825,540.67
Circulating Supply
Not enough data
Max Supply
21,000,000,000 PRT
Total Supply
2,232,013,358 PRT
Total Value Locked
$11,171,972.45
Diluted Valuation
$193,902.00
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$18,394.17
0.14%
Volume (7D)
$114,741.12
Volume (30D)
$506,636.35
All time high
$0.0148
Overall Price Change (1Y)
-0.69%
Additional info about Parrot Protocol
Recent trends
The price of Parrot Protocol has increased by 0.08% in the last hour and increased by 8.65% in the past 24 hours. Parrot Protocol’s price has also risen by 19.66% in the past week. The current price is $0.000087 per PRT with a 24-hour trading volume of $18.39K. Currently, Parrot Protocol is valued at 99.41% below its all time high of $0.0148. This all-time high was the highest price paid for Parrot Protocol since its launch. The current circulating supply of Parrot Protocol is 0 PRT which means that Parrot Protocol has as total market cap of $0.00.
Market details
PRT vs markets
↘ 76.07%
PRT vs BTC
↘ 79.29%
PRT vs ETH
↘ 44.84%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Solana | PRT88RkA4Kg5z7pKnezeNH4mafTvtQdfFgpQTGRjz44 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.000087 | ↗ 8.65% |
1 Day | $0.000080 | ↗ 8.65% |
1 Week | $0.000073 | ↗ 19.66% |
1 Month | $0.000035 | ↗ 150.35% |
1 Year | $0.000282 | ↘ 69.16% |
FAQ
Parrot Protocol is a DeFi network developed on Solana, including the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM (Virtual Automated Market Makers). Virtual Automated market makers (vAMM) solve the limitations of AMM by radically expanding the application space of AMMs and enabling perpetual contracts.
The Parrot protocol aims to make value locked in DeFi systems accessible. As per its research, billions of dollars of value are currently locked in hundreds of DeFi systems, which are converted into yield generating tokens, like Uniswap LP tokens or the AAVE yield-bearing tokens. As LP tokens, their value is locked in DeFi, which is inaccessible because their unit of account is unsuitable for human consumption.
As a solution to this problem, Parrot Protocol was created to make value locked in LP tokens accessible by creating a liquidity and lending network collateralized by these LP tokens. The planning for the solution includes:
Parrot claims to support USDC and USDT deposits, and users can generate 100 PAI for every 105 USDC (or USDT) collateral. The Parrot protocol collects fees from the services and uses them to buy PRT on the open market and cycle back them as protocol incentives. PRT is the governance token of Party Parrot, which is majorly used to incentivize the users and attract them to the platform. PRT token is also used to incentivize an insurance pool, which may backstop any shortfall in the lending market. The fees are received through three main sources:
The total supply of PRT tokens is 1,000,000,000.
We update our Parrot Protocol to USD currency in real-time. Get the live price of Parrot Protocol on Coinbase.
The current market cap of Parrot Protocol is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Parrot Protocol is $0.0148. This all-time high is highest price paid for Parrot Protocol since it was launched.
Over the last 24 hours, the trading volume of Parrot Protocol is $18.39K.
Assets that have a similar market cap to Parrot Protocol include Squid Game, CryptoXpress, Good Morning!, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Parrot Protocol is 0.
Get up to $200 for getting started
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Parrot Protocol calculator
Related assets
Discover conversions
Popular cryptocurrencies
Comparable market cap
Discover more assets
Legal
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.