Parallel stablecoins are now supported by DIA’s trustless oracle infrastructure, bringing robust, onchain price feeds for USDp and sUSDp across Hyperevm, Sonic, Base, and Avalanche.

The integration delivers two complementary pricing modes:

1. Fundamental (redemption-based) feeds for protocols that want “fair value” tied to redeemability.

2. Market-based feeds for protocols that want a price informed by market liquidity, then extended to sUSDp via the vault rate.

This announcement covers what’s live, how pricing is computed at a high level, and how integrators can consume the feeds today.

Stablecoin markets and stablecoin primitives are increasingly multichain. That creates two recurring challenges for protocols integrating stable assets:

1. A single-chain price can be misleading when a token is actively used across multiple networks.

2. Yield-bearing wrappers (such as sUSDp) require chain-local accounting because the vault rate can differ across deployments.

By integrating DIA, Parallel now has standardized, composable price feeds that can be used by lending markets, derivatives, vault strategies, liquidators, and risk engines, without requiring custom integrations for each chain or each collateral change.

Parallel now uses DIA to publish onchain price feeds for USDp and sUSDp across multiple chains. Two feed types are available:

1. Fundamental feeds (redemption-based)

   1. USDp/USD (Fundamental): A “fair value” benchmark based on how USDp can be redeemed across its backing assets.

   2. sUSDp/USD (Fundamental): The same benchmark, adjusted by the chain-local sUSDp vault rate (so it’s accurate per chain).

2. Market feeds (market-based)

   1. USDp-market/USD: A USDp price based on market liquidity/venues (published under a separate key to avoid confusion).

   2. sUSDp-market/USD: The market USDp price multiplied by the chain-local sUSDp vault rate.

All feeds are available via the AggregatorV3-compatible adapters (18 decimals) for easy integration.

DIA computes fundamental feeds entirely onchain, within DIA's native rollup infrastructure, where every oracle computation can be verified by anyone, ensuring that fundamental pricing remains trustless end-to-end.

The redemption values, collateral composition, and vault rates are all pulled from onchain smart contract state. There's no reliance on opaque APIs or centralized computation, just verifiable onchain data processed through verifiable onchain infrastructure.

To get a “fair value” price for USDp, the oracle reads what USDp can actually be redeemed for:

• It pulls the current collateral set from the protocol (via quoteRedemptionCurve).

• It reads the redemption values from the protocol getters (via getOracleValues).

• Because the collateral list is read from the contract, the feed automatically reflects collateral additions/removals over time.

Fundamental sUSDp/USD (chain-local)
sUSDp is priced per chain, because the vault rate can differ across deployments:

• The oracle reads the chain’s sUSDp vault exchange rate (using convertToAssets).

• It multiplies that by the USDp/USD benchmark to publish a direct sUSDp/USD feed on that chain.

USDp is deployed across multiple networks. The oracle, therefore, needs a cross-chain aggregation strategy to produce a coherent USDp/USD benchmark.

The practical approach discussed is a weighted aggregation of chain-level USDp prices (e.g., by chain USDp supply/liquidity), so that the benchmark reflects where USDp is most used.

The result is a more representative “global” USDp price, useful for integrations that operate across chains or that want a single benchmark feed.

Alongside the redemption-based (“fundamental”) feeds, DIA also provides market-based pricing for USDp and sUSDp. Unlike oracles that rely on third-party aggregators or single-source feeds, DIA's architecture pulls raw trade data from 100+ trading venues. This direct sourcing approach delivers fully transparent, verifiable price feeds that can be customized for specific use cases. Every price calculation is traceable back to its underlying trades, making DIA's market feeds both comprehensive and independently verifiable.

USDp-market/USD

• A USDp/USD price based on market trading/liquidity.

• Published under a separate key: USDp-market/USD (so it’s clearly different from the fundamental feed).

• If you use the adapter contracts, this keying is handled automatically.

sUSDp-market/USD

• Computed as: (USDp-market/USD) × (sUSDp vault rate on that chain)

• This keeps the price market-reflective while still accounting for the chain-local sUSDp exchange rate.

This integration gives the ecosystem a standardized way to price Parallel stablecoins onchain. It unlocks safer integrations for:

• Lending and borrowing markets,

• CDPs and leveraged positions,

• liquidations and risk management,

• structured products and vault strategies,

• cross-chain DeFi coordination.

If you’re integrating USDp or sUSDp and want guidance on which feed (fundamental vs market) is best for your use case, simply reach out to the Parallel Team.

DIA is a trustless oracle network that delivers verifiable data feeds across 60+ blockchains. With support for over 20,000 assets sourced from 100+ first-party sources. DIA enables developers to build applications that can verify oracle computations, not just trust them. DIA's rollup infrastructure processes all oracle data onchain, making every price feed, randomness generation, and data point independently verifiable. 

Website | X (Twitter) | Docs

Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield-generating correlated assets.
DApp I Discord IX I Docs

Parallel stablecoins are now supported by DIA’s trustless oracle infrastructure, bringing robust, onchain price feeds for USDp and sUSDp across Hyperevm, Sonic, Base, and Avalanche.

The integration delivers two complementary pricing modes:

1. Fundamental (redemption-based) feeds for protocols that want “fair value” tied to redeemability.

2. Market-based feeds for protocols that want a price informed by market liquidity, then extended to sUSDp via the vault rate.

This announcement covers what’s live, how pricing is computed at a high level, and how integrators can consume the feeds today.

Stablecoin markets and stablecoin primitives are increasingly multichain. That creates two recurring challenges for protocols integrating stable assets:

1. A single-chain price can be misleading when a token is actively used across multiple networks.

2. Yield-bearing wrappers (such as sUSDp) require chain-local accounting because the vault rate can differ across deployments.

By integrating DIA, Parallel now has standardized, composable price feeds that can be used by lending markets, derivatives, vault strategies, liquidators, and risk engines, without requiring custom integrations for each chain or each collateral change.

Parallel now uses DIA to publish onchain price feeds for USDp and sUSDp across multiple chains. Two feed types are available:

1. Fundamental feeds (redemption-based)

   1. USDp/USD (Fundamental): A “fair value” benchmark based on how USDp can be redeemed across its backing assets.

   2. sUSDp/USD (Fundamental): The same benchmark, adjusted by the chain-local sUSDp vault rate (so it’s accurate per chain).

2. Market feeds (market-based)

   1. USDp-market/USD: A USDp price based on market liquidity/venues (published under a separate key to avoid confusion).

   2. sUSDp-market/USD: The market USDp price multiplied by the chain-local sUSDp vault rate.

All feeds are available via the AggregatorV3-compatible adapters (18 decimals) for easy integration.

DIA computes fundamental feeds entirely onchain, within DIA's native rollup infrastructure, where every oracle computation can be verified by anyone, ensuring that fundamental pricing remains trustless end-to-end.

The redemption values, collateral composition, and vault rates are all pulled from onchain smart contract state. There's no reliance on opaque APIs or centralized computation, just verifiable onchain data processed through verifiable onchain infrastructure.

To get a “fair value” price for USDp, the oracle reads what USDp can actually be redeemed for:

• It pulls the current collateral set from the protocol (via quoteRedemptionCurve).

• It reads the redemption values from the protocol getters (via getOracleValues).

• Because the collateral list is read from the contract, the feed automatically reflects collateral additions/removals over time.

Fundamental sUSDp/USD (chain-local)
sUSDp is priced per chain, because the vault rate can differ across deployments:

• The oracle reads the chain’s sUSDp vault exchange rate (using convertToAssets).

• It multiplies that by the USDp/USD benchmark to publish a direct sUSDp/USD feed on that chain.

USDp is deployed across multiple networks. The oracle, therefore, needs a cross-chain aggregation strategy to produce a coherent USDp/USD benchmark.

The practical approach discussed is a weighted aggregation of chain-level USDp prices (e.g., by chain USDp supply/liquidity), so that the benchmark reflects where USDp is most used.

The result is a more representative “global” USDp price, useful for integrations that operate across chains or that want a single benchmark feed.

Alongside the redemption-based (“fundamental”) feeds, DIA also provides market-based pricing for USDp and sUSDp. Unlike oracles that rely on third-party aggregators or single-source feeds, DIA's architecture pulls raw trade data from 100+ trading venues. This direct sourcing approach delivers fully transparent, verifiable price feeds that can be customized for specific use cases. Every price calculation is traceable back to its underlying trades, making DIA's market feeds both comprehensive and independently verifiable.

USDp-market/USD

• A USDp/USD price based on market trading/liquidity.

• Published under a separate key: USDp-market/USD (so it’s clearly different from the fundamental feed).

• If you use the adapter contracts, this keying is handled automatically.

sUSDp-market/USD

• Computed as: (USDp-market/USD) × (sUSDp vault rate on that chain)

• This keeps the price market-reflective while still accounting for the chain-local sUSDp exchange rate.

This integration gives the ecosystem a standardized way to price Parallel stablecoins onchain. It unlocks safer integrations for:

• Lending and borrowing markets,

• CDPs and leveraged positions,

• liquidations and risk management,

• structured products and vault strategies,

• cross-chain DeFi coordination.

If you’re integrating USDp or sUSDp and want guidance on which feed (fundamental vs market) is best for your use case, simply reach out to the Parallel Team.

DIA is a trustless oracle network that delivers verifiable data feeds across 60+ blockchains. With support for over 20,000 assets sourced from 100+ first-party sources. DIA enables developers to build applications that can verify oracle computations, not just trust them. DIA's rollup infrastructure processes all oracle data onchain, making every price feed, randomness generation, and data point independently verifiable. 

Website | X (Twitter) | Docs

Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield-generating correlated assets.
DApp I Discord IX I Docs