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Platypus Finance

PTP

Automatic Market Maker (AMM) for stablecoins

$

0.000089

-18.64%
  • Trading Volume(24h)
    5137.06% $ 496.076
  • Circulating Market Cap
    $ 20,247.564 #2585
  • Fully Diluted Valuation $ 26,580
  • Circulating Supply 228,522,381.474 PTP
  • Total Supply 300,000,000 PTP
  • Total Raised $3.3 M
  • Contract Address
  • Supported Exchanges
    TraderJoe

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.

Related News

$

0.000089

-18.64%
  • Trading Volume(24h)
    5137.06% $ 496.076
  • Circulating Market Cap
    $ 20,247.564 #2585
  • Fully Diluted Valuation $ 26,580
  • Circulating Supply 228,522,381.474 PTP
  • Total Supply 300,000,000 PTP
  • Total Raised $3.3 M
  • Contract Address
  • Supported Exchanges
    TraderJoe

How do you feel about $PTP today?

Total Votes 904

66%
34%
Bullish
Bearish
Followers 43
Following 2

Significant Events

Dec, 2021

Platypus Finance raised $ 3.3 M in Private round

Nov 29, 2021

Platypus Finance was live on mainnet