Parrot USD

Price

(pai)
Note: This platform does not support trading services in this currency
$0.969527 -0.0%
  • 1 Hour
  • 24 Hours
  • 7 Days
  • 14 Days
  • 30 Days
  • 1 Yr
  • +0.0%
  • -0.0%
  • +0.2%
  • +0.0%
  • +0.0%
  • -4.3%

Overview

pai Price Live Data

Today's price of Parrot USD (PAI) is US$0.969527 and the 24 hour trading volume is US$14.64. This shows the price for the last 24 hours is Decrease to -0.02% and the price for the past 7 days is Increase to 0.22%. The circulation supply is 4.18489526899 million PAI and the market cap of Parrot USD is US$4,057,367.

pai Price Information

24h Low/High

24h Low $0.969
24h High $0.969785

All Time High

US$10.76

All Time Low

US$0.00000561

High Price 7D

US$0.969785

Low Price 7D

US$0.96659

pai Market Information

Market Cap Ranking

2554

Fully Diluted Valuation

US$16650429

Total Supply

17,173,774.39

Maximum Supply

Market Cap Advantages

0%

Circulation Supply/Total Market Cap

0.000

About pai

The Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. Today billions of dollars of value are locked in hundreds of DeFi systems, and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible, because their risks are opaque, and their units of account unsuitable for human consumption. The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The Secret Parrot Master Plan (just between you and me): Create the PAI stablecoin, backed by LP tokens as collaterals. This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other. Create the Parrot Lending market, taking LP tokens as collaterals. This allows LP holders to access their locked value by borrowing against lender liquidity. Create a margin trading product (virtual AMM) using PAI as the common unit of account. This allows the Parrot community to collect fees, and feed the family.

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