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Parallax(PLX)

Total Value Locked$8,087

TVL by Chain

Arbitrum$5,376

ZKsync Era$2,711

Ethereum$0.019

The chart plots Staking as its own series; it is not part of the TVL above.

Key Metrics

Staked$0

Total Raised$4.5m

Sep 12, 2023$4.5mRound: Investors: Dragonfly Capital, Circle Ventures, gumi Cryptos Capital, Palm Drive Capital, Comma Capital, Firsthand Alliance, Balaji Srinivasan, Zach Adams

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Protocol Information

Parallax provides liquidity infrastructure that empower individuals, DAOs, and other protocols to generate yield on Arbitrum and zkSync

Audits:

Methodology

TVL: TVL comes from the Staking VaultsView code on GitHub

Competitors

Parallax history

TVL is the default DefiLlama definition, which excludes Staking and Pool2. Daily values are UTC snapshots from Apr 21, 2023 to Oct 27, 2026.

All-time high TVL: $390,824 on Jan 30, 2024. All-time low TVL: $6,043 on Apr 25, 2023.

Daily TVL, Sep 28, 2026 to Oct 27, 2026

DateTVL
Sep 28, 2026$8,388
Sep 29, 2026$8,362
Sep 30, 2026$8,367
Oct 1, 2026$8,382
Oct 2, 2026$8,397
Oct 3, 2026$8,380
Oct 4, 2026$8,391
Oct 5, 2026$8,425
Oct 6, 2026$8,402
Oct 7, 2026$8,379
Oct 8, 2026$8,288
Oct 9, 2026$8,199
Oct 10, 2026$8,217
Oct 11, 2026$8,232
Oct 12, 2026$8,262
Oct 13, 2026$8,157
Oct 14, 2026$8,232
Oct 15, 2026$8,155
Oct 16, 2026$8,174
Oct 17, 2026$8,159
Oct 18, 2026$8,153
Oct 19, 2026$8,149
Oct 20, 2026$8,140
Oct 21, 2026$8,184
Oct 22, 2026$8,166
Oct 23, 2026$8,139
Oct 24, 2026$8,108
Oct 25, 2026$8,102
Oct 26, 2026$8,061
Oct 27, 2026$8,058

TVL at each month end, Nov 2024 to Oct 2026

DateTVL
Nov 30, 2024$13,117
Dec 31, 2024$11,576
Jan 31, 2025$11,415
Feb 28, 2025$9,778
Mar 31, 2025$8,845
Apr 30, 2025$7,412
May 31, 2025$8,100
Jun 30, 2025$8,084
Jul 31, 2025$9,121
Aug 31, 2025$9,547
Sep 30, 2025$9,437
Oct 31, 2025$9,139
Nov 30, 2025$8,515
Dec 31, 2025$8,493
Jan 31, 2026$8,284
Feb 28, 2026$7,607
Mar 31, 2026$7,709
Apr 30, 2026$7,940
May 31, 2026$7,728
Jun 30, 2026$7,256
Jul 31, 2026$7,607
Aug 31, 2026$8,133
Sep 30, 2026$8,367
Oct 27, 2026 (latest)$8,058

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$130,256
Dec 31, 2024$11,576
Dec 31, 2025$8,493

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/parallax

Frequently asked questions

What is Parallax's TVL?

As of Oct 27, 2026, Parallax has $8,087 in total value locked. TVL has decreased 3.7% over the past 30 days.

What chains does Parallax operate on?

Parallax operates on 3 chains: Arbitrum, ZKsync Era, and Ethereum. Arbitrum holds the largest share at 66.5%.

How does Parallax's TVL compare to similar protocols?

Among Yield Aggregator protocols tracked by DefiLlama, Parallax ranks #106 by TVL. The category holds $1.244b across 191 protocols, and Parallax accounts for <0.1% of that total. Similar protocols include Beefy, Harvest Finance, CIAN Yield Layer, Yearn Finance, YO Protocol, vfat.io, Superform, Badger DAO, YieldFi, and Nucleus.