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Parallel

Curated by Signal

Decentralized exchange enabling cross-chain crypto trading with advanced features.

Overview

Parallel operates as a decentralized crypto trading platform built on Injective, enabling the trading of cross-chain crypto assets and perpetual markets. The platform serves a range of cryptocurrency traders, from novices to experienced users, by offering a decentralized orderbook exchange that includes features such as stop-loss and take-profit orders. Parallel aims to address challenges related to limited access to various crypto markets and the lack of comprehensive decentralized trading options. The platform offers an interface designed for users, along with minimal fees and access to unique markets, which may contribute to trading opportunities and liquidity within the cryptocurrency ecosystem.

Key facts

Founded
2023
Headquarters
United States
Sector
Crypto

Business model

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About Parallel

What does Parallel do?

Parallel operates as a decentralized crypto trading platform built on Injective, enabling the trading of cross-chain crypto assets and perpetual markets.

Where is Parallel headquartered?

Parallel is headquartered in United States.

When was Parallel founded?

Parallel was founded in 2023.

Which sector is Parallel in?

Parallel operates in Crypto, part of Financial Technology.

Who are Parallel's competitors?

Companies similar to Parallel include Polkadex, Velar, and MYX Finance.