Ask about Parasail · freeTotal Value Locked$1.54m
TVL by Chain
Filecoin$1.53m
Arbitrum$11,144
Fluence$0
Swan$0
Key Metrics
Total Raised$4m
May 28, 2024$4mRound: SeedInvestors: Protocol Labs, MH Ventures, DWF Ventures, D11 Labs, Fenbushi Capital, Escape Velocity, Modular Capital, Bitrise Capital, Foresight Ventures
Protocol Information
Parasail is an incentive interface focused on creating seamless DePIN experiences. By aggregating capital, hardware resources, and DePIN users, Parasail breaks down silos and fosters strong synergies among various DePIN networks.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Parasail history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jan 8, 2024 to Oct 27, 2026.
All-time high TVL: $114.08m on Dec 5, 2024. All-time low TVL: $204,000 on Feb 15, 2024.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $1.95m |
| Sep 29, 2026 | $1.83m |
| Sep 30, 2026 | $1.83m |
| Oct 1, 2026 | $1.81m |
| Oct 2, 2026 | $1.76m |
| Oct 3, 2026 | $1.79m |
| Oct 4, 2026 | $1.85m |
| Oct 5, 2026 | $1.83m |
| Oct 6, 2026 | $2.04m |
| Oct 7, 2026 | $2m |
| Oct 8, 2026 | $1.84m |
| Oct 9, 2026 | $1.85m |
| Oct 10, 2026 | $1.87m |
| Oct 11, 2026 | $1.93m |
| Oct 12, 2026 | $2.13m |
| Oct 13, 2026 | $1.91m |
| Oct 14, 2026 | $2m |
| Oct 15, 2026 | $1.9m |
| Oct 16, 2026 | $1.99m |
| Oct 17, 2026 | $1.99m |
| Oct 18, 2026 | $1.84m |
| Oct 19, 2026 | $1.8m |
| Oct 20, 2026 | $1.75m |
| Oct 21, 2026 | $1.79m |
| Oct 22, 2026 | $1.82m |
| Oct 23, 2026 | $1.69m |
| Oct 24, 2026 | $1.64m |
| Oct 25, 2026 | $1.63m |
| Oct 26, 2026 | $1.59m |
| Oct 27, 2026 | $1.57m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $85.71m |
| Dec 31, 2024 | $68.16m |
| Jan 31, 2025 | $66.73m |
| Feb 28, 2025 | $43.66m |
| Mar 31, 2025 | $36.23m |
| Apr 30, 2025 | $34.18m |
| May 31, 2025 | $29.52m |
| Jun 30, 2025 | $28.31m |
| Jul 31, 2025 | $30.35m |
| Aug 31, 2025 | $28.25m |
| Sep 30, 2025 | $27.1m |
| Oct 31, 2025 | $19.69m |
| Nov 30, 2025 | $15.45m |
| Dec 31, 2025 | $11.87m |
| Jan 31, 2026 | $7.56m |
| Feb 28, 2026 | $7.84m |
| Mar 31, 2026 | $5.24m |
| Apr 30, 2026 | $3.33m |
| May 31, 2026 | $3.51m |
| Jun 30, 2026 | $2.63m |
| Jul 31, 2026 | $2.32m |
| Aug 31, 2026 | $1.17m |
| Sep 30, 2026 | $1.83m |
| Oct 27, 2026 (latest) | $1.57m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $68.16m |
| Dec 31, 2025 | $11.87m |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/parasail
Frequently asked questions
What is Parasail's TVL?
As of Oct 27, 2026, Parasail has $1.54m in total value locked. TVL has decreased 21.6% over the past 30 days.
What chains does Parasail operate on?
Parasail operates on 4 chains: Filecoin, Arbitrum, Fluence, and Swan. Filecoin holds the largest share at 99.3%.
How does Parasail's TVL compare to similar protocols?
Among Restaking protocols tracked by DefiLlama, Parasail ranks #7 by TVL. The category holds $9.521b across 13 protocols, and Parasail accounts for <0.1% of that total. Similar protocols include OpenGDP Shared Security, Pell Network, EigenCloud, Babylon Protocol, b14g, Jito Restaking, Solayer Restaking, Kernel, Suzaku, and Allstake.