Parallel
Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL
as of 2 September 2026
Verdict
Quieter than it was: decisions are still being made, but less often than over the past year.
Key figures
Health breakdown
Activity
Activity has slowed: 3 proposals in the last 90 days, against 29 over the year.
SnapshotParticipation
This sub-score could not be computed, so the remaining weights were adjusted to add up to 100%.
SnapshotTreasury diversification
96% of the treasury is held in assets other than the organization's own token.
DefiLlamaVote decentralization
Only 6 addresses voted across the last three settled proposals.
SnapshotWhat moved the score
- Treasury diversification96
- Vote decentralization18
- Activity45
What changed
Nothing has changed in the last 30 days.
Treasury
| Own token | $8.7k | 3.8% |
|---|---|---|
| Stablecoins | $11.4k | 5.0% |
| Other major assets | $103 | 0.0% |
| Other | $207.4k | 91% |
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
| 2025-09 | 2 |
|---|---|
| 2025-10 | 1 |
| 2025-11 | 7 |
| 2025-12 | 2 |
| 2026-01 | 4 |
| 2026-02 | 1 |
| 2026-03 | 2 |
| 2026-04 | 3 |
| 2026-05 | 4 |
| 2026-07 | 1 |
| 2026-08 | 2 |
Health score over the last year
Text version of this chart
| Date | Value |
|---|---|
| 1 Sept 2026 | 52 |
| 2 Sept 2026 | 52 |
Recent proposals
PGP-45 | OTC Buyback & Burn of 100M PRL from Mimo Labs
28 Aug 2026PGP-44 l 2026-2027 Immunefi Bug Bounty Program Renewal
26 Aug 2026PGP-43 l Additional Parallel v3.2 Security Audit
5 Jul 2026PIP-69 | USDp Parallelizer & Bridging Modules Parameters Updates
15 May 2026PGP-42 | Redirect sPRL PAR Distribution to PRL Buyback & Burn
11 May 2026PIP-68 | Introducing Parallel Tokenomics v2.1
11 May 2026PGP-41 | Marketing & Growth Strategy - Phase II
4 May 2026PIP-67 | Introducing Parallel v3.2 - Agentic Payments
30 Apr 2026PGP-40 | PRL Burn Phase II
30 Apr 2026PIP-66 l Sunset PAR, the Parallel V2 EUR Stablecoin — Phase I
15 Apr 2026
Participation and power
Top voters in recent votes
- 10x857F…8cF257%
- 20xBabB…982724%
- 30xB9Bb…4C1711%
- 40x44E1…e1C46.6%
- 50xB70D…d3e61.1%
- 60xB307…66d00.1%
Addresses are shown as the source publishes them. daohaus.com makes no attempt to identify the people behind them.
Snapshot · 2 Sept 2026Sources and verification
Every figure on this page was read from one of these. Each row links to the page a person can check.
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