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Parrot Protocol
PRT

About Parrot Protocol

Parrot Protocol is a decentralized finance (DeFi) platform built on Solana that features the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. Its core goal is to unlock the value stored within DeFi systems. The protocol earns revenue through multiple fee streams: stability fees on PAI, interest from loans made with PAI, penalties from liquidations, trading fees from the vAMM—which does not rely on liquidity providers—and borrowing fees. These fee revenues are used to buy back PRT tokens on the open market and redistribute them as incentives to participants.

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