Platypus Finance

Automatic Market Maker (AMM) for stablecoins

Platypus Finance

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Notícias relacionadas

Platypus Finance recovers 90% of assets lost in exploit

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DeFi Protocol Platypus Finance Unveils Recovery Plan After Exploit, Worked with Binance to Identify Hacker

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Sobre Platypus Finance

Fundada2021

Platypus Finance is a single-sided Automatic Market Maker (AMM) for stablecoins built on the Avalanche network. It is designed to optimize capital efficiency. Instead of requiring liquidity providers (LPs) to provide liquidity through token pairs (e.g. ETH-AVAX), they can just provide liquidity through a single token type. This mechanism is intended to improve the existing AMM framework by reducing impermanent loss risk for LPs, cutting slippage for traders, and creating more capital efficiency in the broader ecosystem.

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DeFi

DEX

StableSwap