Ammalgam offers a Decentralized Lending Exchange (DLEX) that combines lending and trading into one protocol to increase capital efficiency and yield for liquidity providers. The protocol supports unlimited trading strategies for advanced users and a UI designed for passive LPs. It is permissionless and oracle-free, and provides three lending methods: extracting unutilized assets from the trading pool, traditional DeFi lending and borrowing, and an impermanent gain mechanism. Ammalgam also provides instant payout charts and a visualization UI to show the impact of price fluctuations and fees on LP positions. The company plans to use the new funding to accelerate protocol growth, expand key talent, improve product development for current and future solutions, conduct audits, and invest in go-to-market strategies. The company is led by founder Will Fey and is based in Singapore.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2024