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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Engage in Spot and Futures trading while benefiting from low fees, extensive liquidity, and earning APX rewards. Dive into the ApolloX ecosystem, where you can discover trading opportunities, GameFi, and the advantages of APX. This platform stands out as a premier decentralized crypto exchange, boasting a diverse array of perpetual futures options. With the ability to trade using leverage of up to 150x, you can maximize your trading potential. Experience unmatched liquidity in the order book, allowing for efficient trades with minimal slippage. By eliminating third-party intermediaries, you can simply connect your DeFi wallet to initiate trading. The platform supports both BNB Chain and Ethereum Mainnet, enhancing your overall trading experience. Additionally, the user-friendly interface caters to both novice and seasoned traders alike.

Description

A significant challenge associated with the initial generation of stableswap's closed liquidity pools is the fragmentation of liquidity, which prevents different pools from sharing their liquidity, thus resulting in increased slippage for users. Additionally, other stableswap designs typically necessitate the inclusion of multiple tokens of equivalent value within a pool, complicating the overall pool structure by requiring the pairing of liquidity provider (LP) tokens with various new tokens. This complexity severely limits the scalability of the system and negatively impacts the overall user experience. In response, Platypus introduces an innovative automated market maker (AMM) on the Avalanche network that features an open liquidity, single-sided AMM that autonomously manages risk according to the coverage ratio, thereby maximizing capital efficiency. Central to Platypus's architecture is the principle of asset liability management (ALM), which sets it apart as the pioneering platform to implement a single-variant slippage function in lieu of conventional invariant curves. Overall, the design of Platypus's open liquidity pool not only enhances capital efficiency but also significantly reduces slippage rates in comparison to traditional stableswaps, ultimately providing a more streamlined and effective trading experience. This advancement positions Platypus as a leader in the evolution of decentralized finance solutions.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Base App Yes 
MetaMask Yes 
WalletConnect Yes 
Avalanche No 
BNB Smart Chain (BSC) Yes 
Binance Web3 Wallet Yes 
Core No 
Crypto Backoffice Yes 
CryptoTax360° Yes 
Degis No 
Echidna Finance No 
Ethereum Yes 
Manta Network Yes 
Mesh Yes 
PostgresML No 
SafePal Yes 
Telegram No 
Trust Wallet Yes 
XDEFI Wallet No 
Yield Yak No 

Integrations

Base App Yes 
MetaMask Yes 
WalletConnect Yes 
Avalanche Yes 
BNB Smart Chain (BSC) No 
Binance Web3 Wallet No 
Core Yes 
Crypto Backoffice No 
CryptoTax360° No 
Degis Yes 
Echidna Finance Yes 
Ethereum No 
Manta Network No 
Mesh No 
PostgresML Yes 
SafePal No 
Telegram Yes 
Trust Wallet No 
XDEFI Wallet Yes 
Yield Yak Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

ApolloX.finance

Founded

2021

Website

www.apollox.finance/en

Vendor Details

Company Name

Platypus

Country

United States

Website

platypus.finance/

Alternatives

Alternatives