Ammalgam.xyz – Cloudflare customer – (United States)
Developers use .xyz domains to launch innovative decentralized finance (DeFi) platforms and cryptocurrency solutions. Crypto payment platform Kulipa.xyz seeks to simplify digital transactions. Tech startup Narval.xyz is focused on simplifying web3 wallet management. Layer-2 blockchain Atlas.xyz aims to deliver low-cost, reliable solutions for verifiable finance. In this week’s #BlockchainThursday, we’ll introduce you to a decentralized finance protocol aiming to revolutionize lending and trading: Ammalgam.xyz.
Ammalgam.xyz is the online home of Ammalgam, a decentralized finance protocol introducing a new concept called the “Decentralized Lending Exchange (DLEX).” This protocol aims to combine lending and trading into a single system to enhance capital efficiency and yield generation for users. Designed to provide utility for both advanced users and passive liquidity providers (LPs), Ammalgam seeks to foster sophisticated trading strategies, improve yield potential, and ensure a permissionless, oracle-free experience. In September 2024, Ammalgam reported the completion of a $2.5 million seed funding round, co-led by Lightspeed Faction and Framework Ventures.1
The DLEX protocol is designed to address inefficiencies in decentralized exchanges (DEXs) and lending protocols by integrating the two into one platform. Its lending functionality introduces three methods: lending unutilized trading pool assets for additional fees, traditional DeFi lending and borrowing outside trading reserves, and a method of borrowing liquidity, termed “borrowing K.” This borrowing model seeks to reduce the risk of impermanent loss—a common issue where the value of assets provided to a trading pool changes due to price fluctuations—while offering the potential for increased returns, referred to as ‘impermanent gain.” Additionally, Ammalgam aims to help users apply leverage for concentrated liquidity-like positions, offering higher fees and yield potential. To help simplify the user experience, Ammalgam provides preset strategies and visualization tools like payout charts and heat maps that display the financial impact of positions over time.
Ammalgam aims to improve capital efficiency for both everyday and advanced users. It reduces idle assets by reusing unused liquidity and introducing new strategies to manage risk and boost returns. Through these mechanisms, the platform helps users create options, perpetuals, and tailored market-making strategies without relying on multiple external protocols. Additionally, Ammalgam works independently without external oracles, using internal controls to manage risks.
Ammalgam’s choice of a .xyz domain reflects its forward-thinking approach to decentralized finance. The .xyz extension is associated with innovation and adaptability, making it a fitting choice for a platform aiming to redefine DeFi primitives. As a concise and memorable domain, Ammalgam.xyz aligns with the protocol’s focus on providing cutting-edge solutions for both advanced traders and passive participants, enhancing its global accessibility and recognition. You can learn more by following Ammalgam on X/Twitter, joining the Discord, and visiting Ammalgam.xyz.
1.https://www.prnewswire.com/news-releases/ammalgam-raises-2-5m-to-revolutionize-decentralized-finance-with-dlex-protocol-302243034.htmlXYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.
