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Parallel

Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL

ProtocolEthereumsPRL
Quiet50out of 100

as of 19 October 2026

Verdict

Quieter than it was: decisions are still being made, but less often than over the past year.

Key figures

Total treasury
$159.9k
DefiLlama · 19 Oct 2026
Held in own token
11%
DefiLlama · 19 Oct 2026
Proposals (90 days)
3
Snapshot · 19 Oct 2026
Proposals reaching quorum
—
Snapshot · 19 Oct 2026
Distinct voters
6
Snapshot · 19 Oct 2026
Days since last decision
44
Snapshot · 19 Oct 2026

Health breakdown

Activity

30% of the score46

Activity has slowed: 3 proposals in the last 90 days, against 28 over the year.

Snapshot

Participation

30% of the scoreExcluded from the score

This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.

Snapshot

Treasury diversification

20% of the score89

89% of the treasury is held in assets other than the organization's own token.

DefiLlama

Vote decentralization

20% of the score18

Only 6 addresses voted across the last three settled proposals.

Snapshot

What moved the score

  • Treasury diversification89
  • Vote decentralization18
  • Activity46

What changed

  • 1 Oct 2026Treasury rose from $186.4k to $237.8k.
  • 24 Sept 2026Status changed from Active to Quiet.
  • 23 Sept 2026Status changed from Quiet to Active.
  • 23 Sept 2026Treasury fell from $306.8k to $164.4k.
  • 18 Sept 2026Treasury fell from $380.7k to $287.7k.

Treasury

Treasury composition by asset class
Own token$18k11%
Stablecoins$20k13%
Other major assets$40.0%
Other$121.9k76%

Treasury values move with token prices. See the daily history for how this figure has changed.

Governance activity

Proposals per month

Text version of this chart
Proposals per month
2025-101
2025-117
2025-122
2026-014
2026-021
2026-032
2026-043
2026-054
2026-071
2026-082
2026-091

Health score over the last year

Text version of this chart
Health score over the last year
DateValue
1 Sept 202652
2 Sept 202652
3 Sept 202653
4 Sept 202652
5 Sept 202658
6 Sept 202658
7 Sept 202658
8 Sept 202658
9 Sept 202659
10 Sept 202659
11 Sept 202659
12 Sept 202659
13 Sept 202659
14 Sept 202659
15 Sept 202659
16 Sept 202659
17 Sept 202659
18 Sept 202658
19 Sept 202658
20 Sept 202658
21 Sept 202658
22 Sept 202658
23 Sept 202660
24 Sept 202658
25 Sept 202657
1 Oct 202658
2 Oct 202657
3 Oct 202657
4 Oct 202651
5 Oct 202651
6 Oct 202650
7 Oct 202650
8 Oct 202650
9 Oct 202650
10 Oct 202650
11 Oct 202650
12 Oct 202650
13 Oct 202650
14 Oct 202650
15 Oct 202650
16 Oct 202650
17 Oct 202650
18 Oct 202650
19 Oct 202650

Recent proposals

  1. PIP-70 | AI Compute Pilot: From DeFi Incentives to Owned Infrastructure

    4 Sept 2026
    Off-chain voteClosedView the original
  2. PGP-45 | OTC Buyback & Burn of 100M PRL from Mimo Labs

    28 Aug 2026
    Off-chain voteClosedView the original
  3. PGP-44 l 2026-2027 Immunefi Bug Bounty Program Renewal

    26 Aug 2026
    Off-chain voteClosedView the original
  4. PGP-43 l Additional Parallel v3.2 Security Audit

    5 Jul 2026
    Off-chain voteClosedView the original
  5. PIP-69 | USDp Parallelizer & Bridging Modules Parameters Updates

    15 May 2026
    Off-chain voteClosedView the original
  6. PGP-42 | Redirect sPRL PAR Distribution to PRL Buyback & Burn

    11 May 2026
    Off-chain voteClosedView the original
  7. PIP-68 | Introducing Parallel Tokenomics v2.1

    11 May 2026
    Off-chain voteClosedView the original
  8. PGP-41 | Marketing & Growth Strategy - Phase II

    4 May 2026
    Off-chain voteClosedView the original
  9. PIP-67 | Introducing Parallel v3.2 - Agentic Payments

    30 Apr 2026
    Off-chain voteClosedView the original
  10. PGP-40 | PRL Burn Phase II

    30 Apr 2026
    Off-chain voteClosedView the original

Participation and power

Top voters in recent votes

  1. 10x857F…8cF247%
  2. 20xBabB…982730%
  3. 30xB9Bb…4C1713%
  4. 40x44E1…e1C48.1%
  5. 50xB70D…d3e61.7%
  6. 60xfE92…17A80.2%

Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.

Snapshot · 19 Oct 2026

Sources and verification

Every figure on this page was read from one of these. Each row links to the page a person can check.

SourceReadWhen
SnapshotProposals and votes19 Oct 2026, 03:06 UTC
SnapshotVoting power by address19 Oct 2026, 03:06 UTC
DefiLlamaTreasury composition19 Oct 2026, 03:06 UTC

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