Parallax refers to a design effect that is used in web and application designs. It is a technique where the background elements move at a different speed and the foreground content moves at a different speed. This is to create an in-depth, dynamic experience for the users.
Parallax is being used in designing applications and websites to give users and immersive experience. It grabs the user's attention and hooks the user to the site for further interactions. Excessive use of parallax can reduce the site performance.