Parallel's mission is to innovate in the Defi space by creating a secure and easy-to-use decentralized platform to empower everyone access to financial services.

Parallel was originally built on Polkadot and Kusama networks, and now Parallel will launch its first Ethereum-based DeFi protocol in Para Space.

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The official Parallel Finance ticker is “PARA” and trades under that name on all the exchanges where it has been listed. The designation “PARALL” is for CryptoCompare.com only.