Audience

Crypto users looking for a solution designed for exchanging stable cryptocurrencies

About Platypus

One of the major problems found in the first-generation stableswaps’ Closed liquidity pools is liquidity fragmentation, where the liquidity of different pools cannot be shared with one another, resulting in higher slippage. The design of other stableswaps requires multiple tokens of equal value within a pool, often complicating its pool compositions (pairing up LP tokens with new tokens). It significantly hinders the scalability of the protocol and leads to a bad user experience. Platypus invents a whole new AMM on Avalanche, open liquidity single-sided AMM managing risk autonomously based on the coverage ratio, allowing maximal capital efficiency. The key concept underpinning Platypus’ design is asset liability management (ALM). Platypus is the first of its kind to use a single-variant slippage function instead of invariant curves. Our open liquidity pool design enables higher capital efficiency and lowers the slippage rate compared with other stableswaps.

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Integrations

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Company Information

Platypus
United States
platypus.finance/

Videos and Screen Captures

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Product Details

Platforms Supported
SaaS
iPhone
iPad
Android
Training
Documentation
Videos
Support
Online

Platypus Frequently Asked Questions

Q: What kinds of users and organization types does Platypus work with?
Q: What languages does Platypus support in their product?
Q: What kind of support options does Platypus offer?
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Q: Does Platypus have a mobile app?
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Platypus Product Features