Platypus Finance
PTP
Automatic Market Maker (AMM) for stablecoins
$
0.010789
-5.36%- Trading Volume(24h) 12.57% $ 33,835.361
- Circulating Market Cap $ 892,205.896 #1425
- Fully Diluted Valuation $ 3,399,054
- Circulating Supply 82,708,125.336 PTP
- Total Supply 300,000,000 PTP
- Total Raised $3.3 M
- Contract Address
- Supported Exchanges +1
Details
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.
Fundraising
$
0.010789
-5.36%- Trading Volume(24h) 12.57% $ 33,835.361
- Circulating Market Cap $ 892,205.896 #1425
- Fully Diluted Valuation $ 3,399,054
- Circulating Supply 82,708,125.336 PTP
- Total Supply 300,000,000 PTP
- Total Raised $3.3 M
- Contract Address
- Supported Exchanges +1
Significant Events
2023-02-17
2021-12-02
Platypus Finance raised $ 3.3 M in Private round
2021-11-29
Platypus Finance was live on mainnet
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