Is Parallel a scam?
Asked about Parallel (PAR), market cap rank #2157.
Short answer
Parallel (PAR) has been scored on isthiscoinascam.com and has a low score, indicating elevated scam risk based on the available data.
Source: isthiscoinascam.com · Updated 2026-05-12
Red flags raised
- Stablecoin has depegged from its target
Team transparency
The Parallel team is anonymous — public identities are not on record.
See the full report
Full report for Parallel — including the exact score, rating letter and full breakdown — requires a registered account.
Open the full Parallel report →