Platypus Finance PTP Price $ 0.0113

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.

Lower Slippage

The Platypus's open liquidity pool design enables higher capital efficiency and lower slippage rate comparing with other stableswaps.

Higher Scalability

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.