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PAI (Parrot USD) (PAI) Price Overview

As of now PAI (Parrot USD) PAI is trading at $0.967341, reflecting a0.08% decrease over the past 24 hours.

The 24-hour trading volume for PAI is $1.3K, no change of 0.00% from yesterday.

Its current market capitalization is approximately $4.1M. Liquidity across major Solana DEXes is currently at $68.7K.

PAI is actively traded in Solflare wallet. The token is verified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset. You can also set advanced limit orders for this token directly within the Solflare wallet, allowing you to automate trades based on your chosen price targets.

Market Data

Market Cap

4.09M

Volume 24h

1.32K
down0.00%

FDV

16.63M

Liquidity

68.74K

Max Supply

-

Circulating Supply

4.18M

About PAI (Parrot USD) 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.

Contract Address
Ea5SjE2Y6yvCeW5dYTn7PYMuW5ikXkvbGdcmSnXeaLjS
Ticker
PAI
Status
Verified

PAI FAQs

The current price of PAI (Parrot USD) is $0.967341. Over the past 24 hours, the price has remained relatively stable at 0.08%, reflecting recent market activity. Keep in mind that crypto prices can change rapidly, so always check live charts for the most up-to-date information.