June 2026 Recap:
- General:
- Focus is on Agentic Payments & Parallel v3.2.
- We’re currently evaluating the possibility of slowing down DeFi growth in order to focus on the Agentic Payment and Parallel Bank projects.
- We started working on Parallel Bank project.
- Protocol:
- Smart Contracts:
- Parallel v3.2: Second Audit completed, pending sUSDp fix audit to be implemented in production
- sUSDp fix: First audit completed, second audit in progress
- sPRL Tokenomics v2.1: sPRL2v2 deployed in production, to be publicly announced in the coming days
- Backend:
- Savings USDp (sUSDp) Integration: MVP Live, pending Parallel v3.1 & v3.2 deployment to be deployed in production.
- USDp backing rebalancing Keepers: Crosschain rebalancers Work in Progress.
- Parallel SDK: Released v1.9.0, v1.10.0, v1.11.0
- Parallel MCP: Deployed in production, to be announced in the coming weeks
- Parallel CLI: Deployed in production, to be announced in the coming weeks
- Parallel x402: Work in Progress, pending Parallel v3.2 deployment
- Parallel MPP: Work in Progress (delayed)
- Parallel x402 Cashback System: Work in Progress
- Frontend:
- 23 small issues in the app fixed
- Borrow page: Addition of Euler in progress. (delayed to focus on Parallel v3.2)
- Landing Page: v2.0 ready for production deployment, pending agentic payment release
- Mint page:
- Discussions ongoing to give users the possibility to mint & burn USDp on any chain in one transaction, including chains where the Parallelizer Module is not deployed. (delayed to focus on Parallel v3.2)
- Routing: reworked routing to provide better prices. Native mint/burn is now considered as an aggregator, no more need to click ‘Mint Preferred’ to get routed via native mint/burn. (delayed to focus on Parallel v3.2)
- Others:
- PIP-67 | Introducing Parallel v3.2 - Agentic Payments has been approved by the DAO.
- PIP-68 | Introducing Parallel Tokenomics v2.1 has been approved by the DAO.
- PIP-69 | USDp Parallelizer & Bridging Modules Parameters Updates has been approved by the DAO.
- Smart Contracts:
- Growth & Marketing:
- Growth Metrics:
- USDp supply contracted since last month (-27.97% MoM) with around 2.06M in supply, mainly due reduced growth spending from us in order to focus on Parallel Bank & Agentic Payments. More details available here.
- Ads:
- Spindl Campaigns:
- Metrics Overview:
- Total Impressions: 337.5k
- Total Clicks: 2.1k
- CTR: 0.62%
- Total Conversions: 2.1k
- Total Spent: $2.1k
- Publishers:
- Coinbase Wallet
- Bitget Wallet
- Kucoin Wallet
- Metrics Overview:
- Spindl Campaigns:
- Growth Metrics:
- Marketing:
- We started the marketing campaign for Agentic Payments. More details available on X.