Redefining Stableswap with novel single-sided liquidity provision.
Platypus is a whole new kind of AMM for stableswap. Lower Slippage. Simpler UX. Exclusively on Avalanche. 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.