Parabol
Parabol is a fiat-backed stablecoin protocol with native yields, live on Ethereum and Scroll.
What is Parabol?
Parabol is a stablecoin protocol that issues paraUSD, a fiat-backed stablecoin paired with a native yield mechanism for global users. Holders mint paraUSD by swapping any token across chains and pick a maturity to earn yield, while liquidity is bootstrapped via soulbound tokens on Scroll.
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Parabol alternatives
Explore web3 competitors and apps like Parabol.
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Sweep ProtocolApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
