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.

This successful round of security review & fixes marks an important milestone in Ammalgam’s roadmap, bringing us one step closer to mainnet launch with beta now open to select liquidity providers (LPs). This accomplishment is a testament to the team’s unwavering dedication to ensuring the highest levels of security for protocol users.

Will Fey, founder and CEO of Ammalgam said of this achievement: “After building for almost three years, it feels surreal to finally hit this milestone. The Macro Security team has supported us in numerous ways throughout our journey, and it was a no-brainer to select them to use as one of our auditors. They were incredibly flexible with us working with our timelines and status. The audit process was diligent, leaving me with a high degree of confidence that they understood and checked the code thoroughly.”

As we move closer to the final stages of preparing for mainnet launch of the novel DLEX – decentralized lending exchange – undergoing multiple security audits has remained a top priority. These will help ensure with high confidence users of the protocol will have the peace of mind to lend, borrow and trade on Ammalgam. Safeguarding their transactions aligns with our goals and vision for maintaining autonomy that is permissionless and oracle-free, with zero dependencies.

Combining trending and lending in one protocol brings a host of benefits to the DEX model, boosting yields for liquidity providers and giving traders more options and access to unlimited strategies. On Ammalgam, users can create custom strategies to unlock new trading opportunities and attract more activity. Additionally, leveraging idle assets enhances yields — increasing market activity and platform revenue.

We are grateful to Macro for their diligent audit process and confidence in Ammalgam as an early backer of the project. Their expertise and thorough analysis aligns with our goals to ensure robust security while empowering users to maximize their yields and explore advanced trading strategies with confidence.

“Fantastic work, Ammalgam team. Always a pleasure working with you. We look forward to the mainnet launch.” the Macro team said.

Stay tuned as Ammalgam nears mainnet. Experience a DeFi Renaissance with a novel all-in-one-protocol that will change how you trade, lend and borrow on-chain!

Follow us on social media to keep track of all upcoming milestones and releases.