Parrot Protocol (PRT) is not tradable on Coinbase.
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Parrot Protocol Price (PRT)
Market stats
Parrot Protocol is on the rise this week. ↗
The current price is $0.000092 per PRT with a 24-hour trading volume of $2.46. Currently, Parrot Protocol is valued at 99.38% 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.
Overall
Data is sourced from CoinMarketCap, CoinGecko and other third parties. We make no representation on the accuracy of the data provided. Learn more
Market cap
Data unavailable
Volume (24h)
$2.46
Circulating
Data unavailable
All time high
$0.0148
Price change
1 hour
0%
1 day
↗ 3.72%
1 week
↗ 0.32%
2 weeks
↘ 7.28%
1 month
↗ 26.76%
1 year
↘ 89.39%
1 year benchmarks
Performance
↘ 89.35%
Vs. Market
↘ 94.63%
Vs. BTC
↘ 95.11%
Vs. ETH
↘ 92.65%
About Parrot Protocol
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 $2.46.
Assets that have a similar market cap to Parrot Protocol include Creta World, Nahmii, youves uUSD, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Parrot Protocol is 0.
Parrot Protocol Price History
Date | Price | Change |
|---|---|---|
Today (December 23, 2024) | $0.000092 | 3.37% |
24 hours ago (December 22, 2024) | $0.000089 | 3.72% |
1 week ago (December 16, 2024) | $0.000092 | 0.32% |
1 month ago (November 23, 2024) | $0.000073 | 26.76% |
1 year ago | $0.000864 | -89.39% |
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
Coinbase Bytes
Coinbase Bytes
The week’s biggest crypto news, sent right to your inbox
Learn how we collect your information by visiting our Privacy Policy.
Related Assets
Discover conversions
Popular cryptocurrencies
A selection of cryptocurrencies in the top 50 by market cap.
Comparable market cap
Of all the assets on Coinbase, these 12 are the closest to Parrot Protocol in market cap.
Discover more assets
A selection of other relevant cryptocurrencies
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.