The Parasol (パラソル, Parasol) is an object from the Kirby series.
The Parasol appear as an item. It is a poor throwing weapon, as it will open shortly after being thrown, making it drift slowly towards the opponent, but it travels extremely far when thrown up or down as it doesn't open.
The Parasol can be used not only as a weapon, but also as a personal parachute, reminiscent of the parasol from the Kirby series. The Parasol will automatically open if the player holding it is falling through the air, even after a third jump, greatly aiding horizontal recovery. In order to fall normally, the player must press Down on the Control Stick. Pressing upwards will re-open the Parasol, which will cancel the helpless state; this is the only item (or mechanic in general, aside from Peach's own parasol) capable of doing so.
The Parasol's knockback sends opponents flying more vertically than horizontally.
The Parasol, which was originally used by Kirby, can be used as a weapon to bludgeon enemies. Even better is that fact that players can open it while airborne and lazily float back toward safe ground. It's incredibly useful in returning to the field of play after an opponent gets the better of you and sends you flying.
Parasols are carried by Parasol Waddle Dees from Smash Run, who use them to gently float to the ground. They discard them when attacked, causing the parasol to float upwards and possibly hit the player for small damage. A parasol can also reflect projectiles and be bounced off of, held or not.
In Kirby's Dream Land parasols are used by some Waddle Dees and Waddle Doos, who use them to gently float down to the ground: the parasol-wielding Waddle Dees are known as Parasol Waddle Dees. The corresponding Copy Ability debuted in Kirby's Adventure and appeared in several subsequent games. Kirby's parasol acts as a melee weapon and damages enemies on contact even when just held, thus acting as a protection from attacks from above. While holding it, Kirby also gains the floating ability it gives to enemies.