Paribus Price

Paribus is a cross-chain lending protocol for NFTs, liquidity positions, and synthetic assets, built on the Cardano blockchain. PBX serves as the native governance token of Paribus, allowing holders to create and vote on proposals related to protocol governance. The token aims to align incentives across stakeholders, the protocol itself, and the security of assets within it. Key features of PBX include: - Current price: $0.0001762 - 24h trading volume: $80.67K - Market cap: $1.32M - Circulating supply: 7.5B PBX - Total supply: 9.28B PBX - All-time high: $0.04194 (October 31, 2021) - All-time low: $0.0001429 (2025-07-05) PBX is available on both Ethereum and Cardano blockchains. The project focuses on enabling lending and borrowing of various digital assets across different chains. As of 2025-07-05, Paribus ranks #2609 by market capitalization among all cryptocurrencies. With its innovative cross-chain capabilities, Paribus aims to play a significant role in the DeFi ecosystem in the coming years.

Paribus was created on September 16, 2021. The project launched its native governance token PBX on this date, marking the official creation of the cryptocurrency. Since then, Paribus has been operating on the Ethereum blockchain as an ERC-20 token, as well as on the Cardano blockchain. The launch of PBX was a key milestone in establishing the Paribus cross-chain lending protocol for NFTs, liquidity positions, and synthetic assets.

The founders of Paribus (PBX) are Deniz Dalkilic and Andrei Toma. They established the project in 2021 with the goal of creating a cross-chain lending protocol for NFTs, liquidity positions, and synthetic assets on the Cardano blockchain. Deniz Dalkilic serves as the CEO, bringing extensive experience in blockchain technology and decentralized finance. Andrei Toma is the CTO, with a strong background in software development and cryptography. Together, they lead the Paribus team in developing innovative DeFi solutions and expanding the ecosystem. Since its launch, Paribus has grown to achieve a market cap of $1.32M as of 2025-07-05, demonstrating the founders' vision and the project's potential in the evolving Web3 landscape.

Paribus operates as a cross-chain lending protocol for NFTs, liquidity positions, and synthetic assets on the Cardano blockchain. The PBX token serves as the native governance token of the Paribus ecosystem, allowing holders to create and vote on proposals related to protocol governance. Key features of Paribus: 1. Cross-chain functionality: Enables lending across multiple blockchains. 2. NFT-backed loans: Users can use NFTs as collateral for borrowing. 3. Liquidity provision: Supports lending and borrowing of liquidity positions. 4. Synthetic assets: Facilitates the creation and trading of synthetic assets. 5. Governance: PBX token holders can participate in decision-making. The protocol aims to create a harmonious balance between stakeholders, protocol security, and asset safety through its incentive mechanisms. With a current price of $0.0001762 and a market cap of $1.32M, Paribus is ranked #2609 in the crypto market as of 2025-07-05. The total supply is 9.28B PBX PBX, with 7.5B PBX in circulation.

Paribus utilizes a cross-chain architecture built on the Cardano blockchain. Its technical structure includes: 1. Smart contracts: Enables automated lending and borrowing functionalities. 2. Cross-chain interoperability: Allows seamless asset transfers between different blockchain networks. 3. NFT collateralization: Supports using NFTs as collateral for loans. 4. Synthetic asset creation: Facilitates the minting of synthetic versions of real-world assets. 5. Liquidity pools: Provides liquidity for various assets and trading pairs. 6. Governance mechanism: PBX token holders can propose and vote on protocol changes. 7. Oracle integration: Incorporates external data feeds for accurate asset pricing. 8. Security measures: Implements robust security protocols to protect user funds and data. This architecture enables Paribus to offer advanced DeFi services like NFT-backed loans, synthetic asset trading, and cross-chain liquidity provision, positioning it as a versatile platform in the evolving DeFi landscape.

The future and roadmap of Paribus (PBX) looks promising. In the short term, the project aims to expand its cross-chain lending capabilities and integrate with more blockchain networks beyond Ethereum and Cardano. By 2026, Paribus plans to launch synthetic assets trading and enhance its NFT lending features. Looking further ahead, the Paribus team has outlined ambitious goals for 2027-2030: 1. Developing advanced risk management tools for lenders 2. Implementing AI-driven pricing models for exotic assets 3. Expanding into decentralized derivatives markets 4. Launching a DAO for community governance The long-term vision (towards 2035) involves positioning Paribus as a leading DeFi protocol for complex financial products across multiple chains. The team is committed to continuous innovation in cross-chain interoperability and synthetic asset creation. While the current market cap of $1.32M may seem modest, the project's unique focus on NFT lending and synthetic assets could drive significant growth. As adoption increases, the value of PBX tokens is expected to appreciate, potentially reaching new highs beyond the previous ATH of $0.04194925. However, investors should note that the crypto market is highly volatile, and Paribus's success will depend on factors such as market conditions, regulatory developments, and the team's ability to execute their roadmap effectively.