Platypus Finance
PTP
Automatic Market Maker (AMM) for stablecoins
$
0.000169
3.54% - Trading Volume(24h) 8.03% $ 4,317.723
- Circulating Market Cap $ 37,618.471 #1852
- Fully Diluted Valuation $ 50,814
- Circulating Supply 222,005,033.365 PTP
- Total Supply 300,000,000 PTP
- Total Raised $3.3 M
- Contract Address
0x22d4...f9c8
- Supported Exchanges
+1
Details
Platypus Finance is a single-sided Automatic Market Maker (AMM) for stablecoins built on the Avalanche network. It is designed to optimize capital efficiency. Instead of requiring liquidity providers (LPs) to provide liquidity through token pairs (e.g. ETH-AVAX), they can just provide liquidity through a single token type. This mechanism is intended to improve the existing AMM framework by reducing impermanent loss risk for LPs, cutting slippage for traders, and creating more capital efficiency in the broader ecosystem.
Fundraising
No Data$
0.000169
3.54% 
- Trading Volume(24h) 8.03% $ 4,317.723
- Circulating Market Cap $ 37,618.471 #1852
- Fully Diluted Valuation $ 50,814
- Circulating Supply 222,005,033.365 PTP
- Total Supply 300,000,000 PTP
- Total Raised $3.3 M
- Contract Address 0x22d4...f9c8
- Supported Exchanges +1
How do you feel about $PTP today?
Total Votes 277
Significant Events
Feb 17, 2023
Dec, 2021
Platypus Finance raised $ 3.3 M in Private round
Nov 29, 2021
Platypus Finance was live on mainnet
Similar Projects
Curve
Decentralized Exchange
Meson Finance
Stable Coin Trading Protocol
Wombat Exchange
Multi-chain stableswap
Kayak Finance
Cross-chain stable market
Ferro Protocol
StableSwap AMM
Shell Protocol
New ecosystem of DeFi primitives
Saber
Automated market maker for trading assets on Solana
SUN
Stablecoin swap platform