Parallel Finance is a verifiable, VC-backed DeFi protocol that historically achieved significant scale ($500M+ valuation, $700M+ TVL on Polkadot). However, the specific product described ('Decentralized money markets' on Polkadot) officially closed in September 2024, indicating a major pivot or sunsetting that is not acknowledged in the submission. The submission quality is critically low, containing hyperbolic falsehoods (reach: 'everyone', traction: 'most people have used my product') and confusing market cap with revenue. The score reflects the project's historical technical merit and capital backing, severely penalized for the sunsetting of its primary product and the lack of accurate, current information in the response.
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