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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 Ekubo?

The Ekubo Protocol integrates concentrated liquidity, a singleton structure, and a range of extensions to maximize the capabilities of the Starknet framework. Its main objective is to enhance swap execution efficiency and improve returns for liquidity providers, outstripping current alternatives. By leveraging concentrated liquidity, it achieves exceptional capital efficiency while keeping transaction costs minimal. Furthermore, Ekubo supports the creation of novel order types, automated trading strategies, oracles, and other inventive applications via third-party extensions. This protocol boasts highly optimized smart contracts specifically designed for the Starknet ecosystem, which results in decreased fees and better capital utilization. It allows for order placements with astounding accuracy, enabling entries within one-hundredth of a single basis point, translating to 4 million times greater capital efficiency than conventional order books. As a pioneering automated market maker on Starknet, Ekubo distinguishes itself with its sophisticated features, truly revolutionizing decentralized finance. Its unwavering dedication to innovation not only enhances current trading practices but also sets the stage for future technological breakthroughs in the blockchain trading landscape. In doing so, Ekubo is poised to redefine how users interact with decentralized markets.

Media

Media

Integrations Supported

Argent
Avalanche
Avalaunch
Base App
Braavos Wallet
Core
Degis
Echidna Finance
Ethereum
MetaMask
OKX Wallet
PostgresML
Starknet
Telegram
Uniswap
WalletConnect
XDEFI Wallet
Yield Yak
ZKSwap

Integrations Supported

Argent
Avalanche
Avalaunch
Base App
Braavos Wallet
Core
Degis
Echidna Finance
Ethereum
MetaMask
OKX Wallet
PostgresML
Starknet
Telegram
Uniswap
WalletConnect
XDEFI Wallet
Yield Yak
ZKSwap

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

Ekubo

Company Website

ekubo.org

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