Platypus Finance (PTP) Live Price and charts Today

1 Platypus Finance (PTP) Price Today in USD is $0.013203

Platypus Finance (PTP) = $0.013203 USD

Platypus Finance (PTP) all-time high (ATH) is $0.170053 USD

The maximum supply of Platypus Finance (PTP) is 300,000,000.00

Platypus Finance (PTP) 24h volume is $5964.90 USD

Platypus Finance (PTP) Market Cap is $956.40 Kilo USD

Platypus Finance
$0.013203
-1.25%
Platypus Finance (PTP) Price Chart
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  • 1H -0.27%
  • 24H -1.25%
  • 1Y -77.36%
  • Rank #1575
  • Market Cap -0.43% $956,401
  • 24H Spot Volume 3.33% $5,964.90
  • 24H Volume / Market Cap -
  • Circulating Supply 72,440,475.50
  • Total Supply 300,000,000
  • Max Supply 300,000,000.00
  • Fully Diluted Valuation $3,960,774
  • API ID platypus-finance copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0x22d...2f9c8
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  • Websites Website
  • Links
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About PTP Roadmap & Milestones
Platypus Finance is a single-side AMM decentralised exchange for stablecoins(ERC20) tokens on Avalanche.

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

The protocol is implemented as a set of smart contracts; designed to prioritize censorship resistance, security, self-custody and maximum capital efficiency. Platypus features single-token provision, eliminating impermanent loss risk for liquidity providers, and minimizing slippage for traders.

The key concept underpinning Platypus’s design is asset liability management (ALM). Most DeFi protocols today do not use the concept of liability. By introducing the concept of ALM, Platypus allows each token to grow organically based on its natural supply and demand. This is notably different from Curve or Saddle which requires all tokens to have the same liquidity, thus making the least popular token the bottleneck for the growth of the pool. We refer to this design as “Extendable Liquidity Pool”. This design also allows Platypus to enjoy other benefits such as a method to track its financial health, ability to lend out idle assets, enabling of new stablecoin solutions, and removal of impermanent loss. 

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