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Platypus Finance

Simple stableswap and AMM

This app runs on
This app doesn't run on any specific blockchain.

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. Our 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. You can always deposit and withdraw token in the same kind, without worrying about the pool compositions or pool size.

Things you can do

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