Platypus

Platypus has redefined stableswaps and reinvented stablecoins. We are masterfully utilizing Platypus’ underlying assets. The true multi-point access of capital brings next-level capital efficiency which solves the long-standing pain point of traditional DeFi: the pervasive liquidity fragmentation among protocols. Normally, assets can be only used for liquidity or lending, not both.

The first-of-its-kind open liquidity pool stableswap sets the precedent for single-sided liquidity provision, redefining the concept of liquidity equilibrium through a novel approach which places liability at the center of our technology. This shift allows for integration of new assets, more use cases for the single-sided LP tokens, and organic growth of assets based on supply and demand. Platypus further utilizes its capital to mint stablecoins: the USP.  All of these innovations are neatly wrapped in a sleek user interface for easy on-ramp.

We aim to be the leading Stableswap and Stablecoin on Avalanche. Step by step, we are redefining DeFi, and resolving some of the most glaring issues users face.