DeFi is sitting on trillions in capital that’s barely breaking a sweat.

Liquidity providers are the lifeblood of DeFi, but right now, they’re getting the short end of the stick.

On-chain trading has come a long way since order books first made their debut a little over ten years ago. Clunky, slow swaps on early decentralized platforms evolved into faster, more efficient platforms. Automated Market Makers (AMMs) were a real game-changer, but now we've reached a point where DeFi is ready for the next step in its evolution - the decentralized lending exchange (DLEX) model. Ammalgam is the first protocol to fuse trading and lending into a single, capital-efficient system for a more cohesive experience in DeFi.

Ammalgam is thrilled to share that our groundbreaking new DLEX platform has successfully undergone a comprehensive smart contract review and security analysis by Macro, a leading blockchain security firm.

Capital efficiency remains a stubborn issue in decentralized finance. Traditional Automated Market Makers (AMMs) like Uniswap V2 lock assets in a sleepy, idle state. Most liquidity sits untouched with wasted potential lying dormant. Things started to look up a bit once Uniswap V3 promised to to wake these assets up through concentrated liquidity, but it brought unintended hassles along - impermanent loss spiked, leaving unaware liquidity providers (LPs) worse off.

This was delayed a bit due to an embargo on our raise announcement coming out, but the good news is the September update is right behind it!

Funding Co-Led by Lightspeed Faction and Framework Ventures to Transform the Lending and Borrowing Space

Ammalgam unleashes more DeFi by combining lending and trading into one protocol.  This combination composes yield sources, simultaneously improving capital efficiency and unlocking unlimited strategies for market makers. Permission-less pairwise lending empowers traders to short anything, taking DeFi beyond what has been possible before.