Platypus Finance [PTP]
The Platypus Finance protocol is a single-side AMM (DEX) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche Blockchain.
Platypus Finance Market Cap
24h Trade Volume
All-Time-High (ATH) Price
Platypus Finance's current price is $ 6.79, it has dropped -45.9% over the past 24 hours.
Platypus Finance's All Time High (ATH) of $ 17.22 was reached on 16 Jan 2022, and is currently -60.6% down.
The maximum supply of Platypus Finance that will ever be issued is 300.00 Millions tokens, and the current supply of PTP in circulation is 8.85 Millions tokens.
Platypus Finance’s 24 hour trading volume is $ 35.02 Millions.
Platypus Finance's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 60.07 Millions.
Platypus Finance Live Chart
Platypus Finance price Index provides the latest PTP price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The Platypus Finance to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
PTP to USD Converter
Platypus Finance Quarterly Returns ($)
Platypus Finance Closing Price (USD) - Quarterly
Platypus Finance Monthly Returns ($)
Platypus Finance USD (PTP - USD) Price Change
|24H||-$ 5.76||-45.9%||$ 13.34||$ 6.13|
|7D||$ 5.46||+409.8%||$ 17.22||$ 1.31|
|14D||$ 5.01||+281.9%||$ 17.22||$ 1.28|
|1M||$ 4.96||+271%||$ 17.22||$ 1.28|
|YTD||$ 5.04||+288.8%||$ 17.22||$ 1.28|
Platypus Finance Annual Price
|2022||+285.6%||$ 17.22||$ 1.28|
|2021||+61.9%||$ 2.86||$ 0.822|
What is Platypus Finance
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.
In Platypus, users can deposit and withdraw tokens of the same kind without concern of pool compositions or size, or even the difference between token and LP token.
The Platypus's open liquidity pool design enables higher capital efficiency and lower slippage rate comparing with other stableswaps.
Flexible pool composition allows each asset to scale naturally based on its organic supply.
Better User Experience
You can always deposit and withdraw token in the same kind, without worrying about the pool compositions or pool size.