Trade your impermanent loss for permanent gain. Lend, trade or leverage any asset without oracles. Live now: https://nitter.cf/t.co/2eend1xsPf
Joined May 2022
- Tweets2.9K
- Following101
- Followers26.5K
- Likes5.9K
Why does this matter?
Most DeFi strategies stack separate venues:
DEX for liquidity → lending market for credit → oracles for pricing
Ammalgam combines trading and lending in the pool itself.
That makes new financial primitives possible in the 1 protocol.
Ammalgam doesn’t depend on an external price oracle for each pair.
Its risk engine uses the pool’s own onchain state for pricing through: observed trading prices over time, liquidity, price ranges, utilization and the slippage required to exit collateral.
Borrowing limits are tied to what the pool can realistically support and liquidate.
That oracle-free design matters because a new pool doesn’t need to wait for a third party to publish a price feed before lending can exist around it.
Capital Release is one result:
Create liquidity → borrow against it → keep it working → redeploy the capital.
This is only one of the new mechanisms unlocked when lending lives inside a DEX.
Capital Release involves borrowing and liquidation risk. Asset prices, pool liquidity, utilization and rates can change. Looping compounds both returns and losses; size positions accordingly.
How Capital Release works:
Create or join an Ammalgam pool
Deposit the two assets
Use the pool position as collateral
Borrow an available asset, such as stables
Redeploy that capital while the pool position remains active
Your liquidity keeps working and enables capital release.
Use case #2: LP Looping
Pair a yield-bearing LP token with a stablecoin—for example, a Pendle LP token and USDC.
Then borrow stables against the new Ammalgam pool position and redeploy them into the strategy.
Repeat carefully to increase exposure: that’s the loop.
The result:
Token + stablecoin → LP position → borrow stables → redeploy
The pool can stay live and the position can continue earning swap fees and lending interest, while part of its capital is released for another use.
Token Liquidity + Capital Release.
Use case #1: Treasury Release
A token team pairs its token with a stablecoin to create liquidity.
That pool supports the tokens liquidity but it can also leave a large share of the treasury tied up.
On Ammalgam, the team can borrow stables against its token’s liquidity pool for operations without pulling the liquidity out of the token.
Ammalgam’s unique mechanism enables fundamentally different primitives to exist natively in its protocol.
It is all possible because we put a lending protocol inside a DEX.
The same pool on Ammalgam powers swaps and enables borrowing against its own pool positions.
Introducing Ammalgam’s new primitive:
Capital Release
Create a pool, borrow against it and redeploy the capital.
Thank you to @k_schellinger, @DeFiFounders, @arbitrum, @Softstack, & @ChainstackHQ for including us in the DFC Pitch Competition in Singapore
Congradulations to @fablesfi @Ladder_Markets @SierraIsMoney
Thank you to the Judges
Jerome @Jerome_ (@MF__xyz)
Aleksandr @Al_Nechaev (@FundersVC)
Roman @R_M_Evdokimov (@ContributionCap)
Gavin Wang (@SNZHolding)
Ben @HummusOnRails (@Arbitrum)
Contracts updated, smarter liquidity pools unlocked.
Anyone interested in capital efficiency? Hit us up!
I have added v1.1.0 contracts to our @cantinasecurity Bug Bounty program.
cantina.xyz/code/b5e376ee-2f…
The proposed contracts for will be available to upgrade to in less than 2 days (timelock).
The upgrades include fixes seen in the first round of the bug bounty and one major feature that will increase the capital efficiency of the contracts.
The issues found in our first bug bounty led us to disable borrowing of market making liquidity and this functionality will be enabled once again after the upgrade.
The fixes have been audited manually and with AI both externally and internally.
- Internally Manual - 3 internal engineers
- Internally AI - Codex Daybreak Blue
- Externally AI - Apex by @cantinasecurity
- Externally AI - @octane_security
- Externally Manual - @pruvendoinfo
Reminder: we’re hosting an anti-event tomorrow at 10pm.
No need to do BD. No need to shill your bags.
Come, sit, eat, talk, and enjoy a moment where you don’t need to do too much networking.
Talk about your hobbies, the food you had last night, or how Singapore humidity is fucking up your hairstyle.
Hell, bring your earphones and listen to Sultans of Swing on repeat while slurping soup dumplings.
However, if you really want to debate crypto, @duelinggalois will be there to explain why most models out there are not capital efficient.
Food is on you. We take care of efficiency.
luma.com/vw4y28g1
Ammalgam (δ, γ) retweeted
Quick demo of how you can take vault tokens in our product to get more vault tokens by borrowing against them in our vault-underlying pair
Short or long vault tokens? Whats next? RWAs, memecoins, project TGE's...
O my
We created a new Ammalgam Pair between our WETH vault token ammVWETH and WETH. The pair allows vault depositors to borrow WETH against their vault position in order to have the same or greater vault exposure with less required WETH.
The vault is the market maker of the pair, thus the interest charged for borrowers of WETH, and swap fees from entering and exiting the vault benefit the vault holders directly.
This is just the beginning of our endeavor to create pure DeFi lending on ANY TOKENS! What should we add next?
Ammalgam (δ, γ) retweeted
I am constantly blown away by our designers ability to go above and beyond on everything.
New landing page up at ammalgam.xyz
Swaps on Ammalgam now route through @nordstern_fi for best execution across DEXs.
Better pricing on every trade, including the long and short positions that went live last week.
app.ammalgam.xyz/
Your portfolio may be cooked. The satay should be too.
No VIP list. No investor dinner. No canapé pretending to be a meal.
Join us for Midnight Munchies during TOKEN2049 week.
6 Oct · 10:00 pm
Lau Pa Sat
Come eat and argue about why Uni V2 models are better for LPs than V3:
luma.com/vw4y28g1
Long and short are live on Ammalgam.
Trade direction on any asset without oracles.
This is just the beginning, stay tuned as we roll out more features.
app.ammalgam.xyz/ethereum/po…
