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What is Platypus?

One of the major obstacles encountered during the early development of stableswap's closed liquidity pools is the fragmentation of liquidity, which hinders various pools from effectively sharing their liquidity and leads to heightened slippage for users. Furthermore, traditional stableswap models often require the integration of multiple tokens of similar value within a pool, thereby complicating the pool's structure by mandating the combination of liquidity provider (LP) tokens with a range of new tokens. This added complexity significantly restricts the scalability of the system and adversely affects the user experience. To address these challenges, Platypus has launched a groundbreaking automated market maker (AMM) on the Avalanche network that offers an open liquidity, single-sided AMM capable of autonomously managing risk based on the coverage ratio, thereby optimizing capital efficiency. At the core of Platypus's innovative framework is the concept of asset liability management (ALM), distinguishing it as the first platform to employ a single-variant slippage function instead of traditional invariant curves. In addition to enhancing capital efficiency, Platypus's open liquidity pool drastically lowers slippage rates compared to standard stableswaps, resulting in a more efficient and user-friendly trading experience. This advancement not only marks a significant milestone in decentralized finance solutions but also elevates Platypus's status as a frontrunner in the industry's ongoing evolution. Ultimately, the unique approach taken by Platypus may inspire further innovation in the field.

What is Camelot DEX?

Camelot is an innovative and versatile decentralized exchange created to improve the Arbitrum ecosystem, with a strong focus on community involvement and capital efficiency. It boasts a customized liquidity structure that not only supports developers but also generates authentic yield opportunities. This strategy cultivates a dynamic atmosphere for creativity and partnership in the realm of decentralized finance, encouraging a diverse range of projects and collaborations to flourish.

Media

Media

Integrations Supported

MetaMask
ApeX Omni
Arbitrum
Avalanche
Avalaunch
Coinbase Wallet
Core
Degis
Echidna Finance
MUX
PostgresML
SAP Store
Telegram
Vertex Protocol
WalletConnect
XDEFI Wallet
Yield Yak

Integrations Supported

MetaMask
ApeX Omni
Arbitrum
Avalanche
Avalaunch
Coinbase Wallet
Core
Degis
Echidna Finance
MUX
PostgresML
SAP Store
Telegram
Vertex Protocol
WalletConnect
XDEFI Wallet
Yield Yak

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Platypus

Company Location

United States

Company Website

platypus.finance/

Company Facts

Organization Name

Camelot DEX

Date Founded

2021

Company Website

excalibur.exchange/

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