# Parallel Is Now Live on Avalanche

By [Parallel](https://blog.parallel.best) · 2025-11-03

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We’re excited to announce that **Parallel V3** is now live on **Avalanche**, bringing **USDp** and **sUSDp** (staked USDp) to one of the fastest ecosystems in crypto. This deployment includes the Parallelizer (mint/redeem), Savings (stake/unstake), Bridging & Flashloan Modules on Avalanche, enabling native minting, redemption, and yield from day one. 

**Launch partners**
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At launch, Parallel is joined by a set of partners that deepen utility and liquidity across Avalanche: Silo, MEV Capital, Gami Capital, UpShift (via Gami), OpenOcean, KyberSwap, Balancer, and Spectra.

**What’s live on Avalanche**
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*   **Native mint & redeem**: The Parallelizer Module is deployed on Avalanche, enabling users to mint and burn USDp at oracle price with Avalanche-resident collateral.
    
*   **Savings (sUSDp)**: The **Savings Module** is live; stake USDp to **sUSDp** to capture real yield sourced from USDp’s on-chain backing on Avalanche.
    
*   **Bridging**: The **Bridging Module** connects Avalanche with other Parallel-supported networks, enabling canonical mint/burn bridging of **USDp** (and supported assets) and operational rebalancing across chains—exposed via simple, integrator-friendly interfaces.
    
*   **Flashloans**: The **Flashloan Module** provides instant, atomic access to **USDp** liquidity on Avalanche for arbitrage, liquidations, and rebalancing—executed within a single transaction, with parameters (e.g., fees/limits) governed by the DAO.
    
*   **Contracts & explorers**: USDp, sUSDp, and all core module contracts are published with Snowscan references in the official docs. (See _Developers Hub → Addresses → USDp → Avalanche_ in the [Parallel Documentation](https://docs.parallel.best/))
    
*   **Liquidity & routing**: With Balancer on Avalanche and active aggregator support via KyberSwap and OpenOcean, USDp can be traded, routed, and composed throughout the ecosystem from day one.
    
*   **Lending & vaults**: **sUSDp is live as collateral on Silo (Avalanche)**. Alongside **mevUSDC** curated by **MEV Capital**, this opens immediate integration paths for USDp/sUSDp markets and vault strategies.
    

**Why Avalanche**
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Avalanche is an ideal venue for Parallel’s modular and multi-chain design. The DAO formally approved the Avalanche rollout of the Parallelizer & Savings Modules [(PIP-52](https://gov.parallel.best/t/pip-52-l-deploy-usdp-parallelizer-savings-modules-on-avalanche/486)), completing the “full deployment” required for native minting and savings on the network. 

**How to get started (3 easy steps)**
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1.  **Mint USDp on Avalanche  
    **Head to the mint page on the Parallel app → [https://app.parallel.best/mint](https://app.parallel.best/mint) then select Avalanche, and mint USDp.
    
2.  **Stake to sUSDp  
    **Stake USDp to sUSDp to earn yield that comes from the protocol’s on-chain backing on Avalanche. Do it directly on the earn page → [https://app.parallel.best/earn](https://app.parallel.best/earn)
    
3.  **Put your USDp to work**
    

*   **Trade** via **KyberSwap** or **OpenOcean** for best execution and routing. 
    
*   **Provide liquidity** in pools
    
    *   Balancer: [https://balancer.fi/pools/avalanche/v3/0xe183132786df083788915dc9053cd747aaff01a6](https://balancer.fi/pools/avalanche/v3/0xe183132786df083788915dc9053cd747aaff01a6) 
        
    *   Spectra: [https://app.spectra.finance/pools/avax:0xc9baebf125312cc9d2d17cc7518d09d463a151cf](https://app.spectra.finance/pools/avax:0xc9baebf125312cc9d2d17cc7518d09d463a151cf) 
        
*   **Access lending & vaults** through **Silo** (including mevUSDC curated by **MEV Capital & Gami Capital**): [https://app.silo.finance/markets/avalanche/susdp-usdc-153?action=information](https://app.silo.finance/markets/avalanche/susdp-usdc-153?action=information)
    

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**About Parallel**

Parallel is a capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.

[DApp](https://app.parallel.best/) I [Discord](https://discord.com/invite/parallel) I[X](https://x.com/ParallelMoney) I [Docs](https://docs.mimo.capital/parallel-protocol)

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*Originally published on [Parallel](https://blog.parallel.best/parallel-is-now-live-on-avalanche)*