Parallel USDp USDP

What USDP actually is on-chain

Parallel USDp is an ERC-20 deployed on Base, at contract address 0x76A9A0062ec6712b99B4f63bD2b4270185759dd5. That address, not the ticker USDP, is what uniquely identifies this asset: anyone can deploy a second token calling itself USDP, but the contract is unforgeable. Verify it against basescan.org before sending funds or approving a spend.

Because it lives on Base, USDP is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in USDP itself, and secondary liquidity sits in Aerodrome and Uniswap pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

2 other assets tracked on this site also use the ticker USDP: Pax Dollar (Ethereum, 0x8e87…89e1); United States Dominant Peg (Solana, rCDpCr…pump). The asset on this page is specifically the Base deployment at 0x76A9…9dd5. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For USDP the project publishes an active account as @ParallelMoney. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where USDP sits in the market

Parallel USDp ranks #2075, in the top of the long tail, just below the band most screeners still cover, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 2 live USDP order books (Gate.io, HTX). That is coverage in line with a #2075 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for USDP are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

USDP against its all-time high

USDP has given back 56.6% from its $2.25 high (on 2025-11-04). Recovery now needs 2.31x — a full trend, not a bounce. Statistically this is the depth at which the reference point people quote shifts: the prior high stops being a target and starts being a ceiling that gets mentioned only after price has already run. That high was set about a year ago, recently enough that it still anchors how most current holders frame the asset.

USDP across its historical range

The recorded range is comparatively narrow: 2.29x between $0.9837 and $2.25. Either the price history is short, or the asset is designed not to move.

USDP trades within -0.8% of the all-time low of $0.9837 set on 2025-10-02. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. That low is recent, so this is an active downtrend rather than an old floor holding: each fresh low retires the previous one as a reference.

USDP supply and valuation data

Supply figures for USDP are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $2.9 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one basescan.org reports for this contract.

What kind of asset USDP is

Parallel USDp is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. It is backed by on-chain collateral rather than by bank deposits, so the peg's real dependency is the collateral ratio and the liquidation engine behind it. The number to watch is not the price but the health of the collateral during a fast drawdown in the assets backing it. It is small for a stablecoin, and at this size the peg depends heavily on one or two liquidity pools; thin-book depegs here say more about liquidity than about solvency.

CoinGecko files USDP under 10 categories, including Stablecoins, USD Stablecoin, Avalanche Ecosystem, Ethereum Ecosystem, Base Ecosystem. CoinGecko also records deployments on Avalanche (256 tracked tokens), Ethereum (3,072 tracked tokens), Base (1,487 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Parallel USDp alert that is worth receiving

Parallel USDp is the ERC-20 at 0x76A9…9dd5 on Base — quoted on 2 venues we stream — high dated 2025-11-04 — rank #2075. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

Full alert-design method: thresholds, RSI/MACD and volume conditions →