Since launching Parallel Finance, we have made incredible progress in innovating and scaling DeFi.

Our mission is to bring Web3 to one billion people, and today we're excited to share the next step toward our goal:

Parallel Finance and ParaSpace will merge and rebrand to ParaX. pic.twitter.com/fSQHs3dldI

— Parallel Labs (@ParallelLabs_) August 31, 2023