Market cap
$22.26K
Volume (24h)
$0.27
Circulating supply
5,607,460 PSOL
Total supply
21,000,000 PSOL
Max. supply
21,000,000 PSOL
Parasol Finance (PSOL)
$ 0.00
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$22.26K
Volume 24h$0.27
Circulating supply5.61M27% of max 21M
All-time high$0.19-98% from peak · 2022-10-16
Parasol Finance (PSOL) is a cryptocurrency project operating under the ticker PSOL. In simple terms, it's a digital coin that runs on blockchain technology — a distributed ledger where transactions are verified by a network of computers rather than a central authority. The project has a fixed maximum supply of 21,000,000 coins, meaning no more than that amount will ever exist.
Frequently asked questions
What is Parasol Finance and how is it different from Bitcoin?
Parasol Finance is a standalone crypto project with its own token, PSOL. Its most notable shared trait with Bitcoin is the hard cap of 21,000,000 coins, which creates built-in scarcity. Beyond that, it operates as its own ecosystem with its own use cases and community rather than being a Bitcoin fork or copy.
How does the PSOL blockchain work?
Like most cryptocurrencies, PSOL relies on a decentralized network of nodes that validate and record transactions on a shared ledger. Instead of a bank or payment processor, consensus among network participants confirms each transfer. This removes the need for a trusted middleman and makes the record publicly verifiable.
How is the supply of PSOL structured?
PSOL has a hard cap of 21,000,000 coins — a fixed maximum that can never be exceeded. This scarcity model is designed to protect the asset from unlimited inflation, unlike fiat currencies that can be printed at will. The exact release schedule depends on the project's emission rules, but the total ceiling is set in stone.
How can I store and use PSOL?
PSOL can be kept in crypto wallets that support the token — either a software wallet (an app or browser extension) for convenience or a hardware wallet for stronger security. From a wallet you can send, receive, and in some cases stake or use PSOL within the project's ecosystem. Always back up your seed phrase and never share it with anyone.