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Platypus Finance

Platypus Finance PTPPrice N/A

PTP Price

N/A

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

The Platypus Finance protocol is a single-side AMM (DEX) designed for exchanging stable cryptocurrencies (ERC20 tokens) on the Avalanche Blockchain.

Platypus Finance (PTP) 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.

IDO

13 Dec 2021 — 14 Dec 2021

Raised

$ 1.05M

Price:

$ 0.100

Tokens For Sale:

10,500,000

Platform:

N/A

ATH ROI:

172.18x  +17,118%

Additional Data

ATH Market Cap

$ 152.38M

Max Supply

PTP 300,000,000

Total Supply

PTP 300,000,000

IDO ROI

100%

0.00x

IDO Price

$ 0.100

14 Dec 2021

All Time High

$ 17.22

16 Jan 2022


All Time Low

$ 0.000109

28 Jun 2024

Trending Platypus Finance Fiat Pairs

What is Platypus Finance (PTP)?

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.

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