Platypus Finance

Platypus FinancePTP

Automatic Market Maker (AMM) for stablecoins

A Propos de Platypus Finance

Fondé

2021

Écosystème

Communauté

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.

Investisseurs

DeFiance CapitalDeFiance Capital
Three Arrows CapitalThree Arrows Capital
CMS HoldingsCMS Holdings
Mechanism CapitalMechanism Capital
AvalancheAvalanche
0xVentures0xVentures
ColonyColony
GBV CapitalGBV Capital
AvalaunchAvalaunch
BENQIBENQI
Hailstone VenturesHailstone Ventures
Yield YakYield Yak
Valhalla VenturesValhalla Ventures
Avatar VenturesAvatar Ventures
MC VenturesMC Ventures
AVenturesAVentures
Keychain CapitalKeychain Capital
TPS CapitalTPS Capital

Détails du financement

Cycle de fundingMontantEstimation
Date
Investisseurs
Private
€2.83M
€20.60M
2021-12-01
DeFiance CapitalDeFiance Capital*
Three Arrows CapitalThree Arrows Capital*
+ 16