Rank #5,029
$PRLX

Parallax Protocol

Protocol ● Launched 38 months ago
Binance Smart Chain
0xc824845d0db95d8c1745d8757dae169f0401ed71
0Votes
0Votes

Description

Parallax Protocol is a DeFi protocol for synthetic assets built on BSC.
The core functionalities will allow BSC DeFi traders to eventually take on long/short positions via a Collateralized Debt Position for synthetic assets on the platform, voted for and added by our governance token $PRLX.
Further down the road, users can collateralized $PRLX and take on margined trades as well

Market Rank

In the dynamic and ever-changing landscape of cryptocurrencies, Parallax Protocol has established itself as a formidable player. It is currently ranked #3,048 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Parallax Protocol as a viable digital asset.

Buy & Sell Taxes

When trading Parallax Protocol, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for Parallax Protocol is 0.02%, while the sell tax is 0.02%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.

Tokenomics

The tokenomics of Parallax Protocol consist of a total supply of 100,000,000 tokens, out of which 32,237,754 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.

Wallet Support

In order to securely store your Parallax Protocol tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.

Price Performance

The price of Parallax Protocol is currently at 0.0017578971378911558, having experienced a 0% change in the last 24 hours. The trading volume for this period stands at 0. With a circulating supply of 32,237,754 tokens, Parallax Protocol has managed to achieve a market capitalization of 167,527, reflecting the strong interest of the market participants.

coinvote.cc/coin/Parallax-Protocol

Info

Price$ 0.(0x2)1757
Market Cap$ 167,526.96
24h Variation (%)+0.00%
Total Supply100,000,000
Circulating Supply32,237,754
Launch DateApril 30th 2021, 00:00
Date addedJuly 17th 2021, 22:41
Listed byAnonymous

Security Scan

15 hours ago

The security scan is conducted by Goplus and serves as a general indication of contract security.

It may not detect all potential threats and vulnerabilities. Always perform your own research.

Holder Count:566
Buy Tax:0.02 %
Sell Tax:0.02 %
Owner Holdings:33.88 %
Honeypot Check:
Blacklisted Check:
Top 10 Holders:87.56 %
Anti-Whale Mechanism:
Can Take Back Ownership:
Slippage Modifiable:
Transfer Pausable:
Open Source:

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