Currencies34097
Market Cap$ 4.08T+0.62%
24h Spot Volume$ 57.50B+5.00%
DominanceBTC57.62%-0.70%ETH10.90%+2.42%
ETH Gas1.08 Gwei
Cryptorank
Open report modalReport issue
Ammalgam

Ammalgam  

32 Watchlists

DeFi

Status

General Info

Funds and Backers

Description

Ammalgam is a decentralized protocol that merges lending and trading into a system called a Decentralized Lending Exchange (DLEX).

What is Ammalgam?

Ammalgam is a decentralized protocol that merges lending and trading into a system called a Decentralized Lending Exchange (DLEX). It enhances capital efficiency for liquidity providers (LPs) by utilizing leverage to create concentrated liquidity-like positions, potentially increasing yields by 20%. Unlike traditional models, LPs focus on liquidations instead of monitoring liquidity ranges. Ammalgam operates permissionlessly, without oracles or dependencies, and is based on a fork of Uniswap V2 but optimized for higher capital efficiency and yield.

Trending Coins and Tokens Flame icon