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M. Cap: $2.37 T -0.81%24h Vol: $94.59 B -15.34%BTC: $63,517.04 -0.80%ETH: $3,119.20 -1.26%S&P 500: $5,097.91 1.63%Gold: $2,336.77 0.29%BTC Dominance: 52.78%
  • #2398

Platypus Finance PTP

PTP Price

$0.011540.84%
Price Range--
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Market Cap 

$479,421.28Rank #2398

FDV 

$3.46 MRank #1825

Investors

Twitter Followers

Twitter Performance

623Rank by Twitter #2111
  • 0
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Data from TweetScout 

Detailed Performance

SentimentBearish

PTP shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
PTP/USD
2.06%0.84%-4.92%-47.42%-47.87%-81.14%
PTP/BTC
2.95%1.65%-3.34%-41.99%-66.13%-91.15%
PTP/ETH
2.78%2.12%-5.89%-39.56%-62.31%-88.21%
PTP/DeFi
2.37%2.98%-4.92%-23.15%-54.02%-89.41%
PTP/AMM
2.54%5.02%-4.19%-23.20%-57.53%-85.64%

PTP to USD Converter

PTP

Price History

All-Time High
$16.69
1446x to ATH
All-Time Low
$0.00803
1.44x to ATL
Trade Launch Date
20 Dec, 2021
858 days ago

Fundraising

See more
0.12xUSD ROI
0.09xBTC ROI
0.16xETH ROI
ICO Price
$0.096416
Funds Raised
$4.35 M
Tokens Sold
58.50 M PTP

Exchanges

Exchanges type

MEXC
PTP/USDT
$0.0116$26,233.52100.000%Recently

About PTP

Platypus Finance is a decentralized finance (DeFi) platform built on the Avalanche blockchain. It offers various features and services, including a unique automated market maker (AMM) called Platypus, which uses a single-variant slippage function for asset liability management (ALM). The platform aims to provide high capital efficiency and lower slippage rates compared to other stableswaps. Platypus Finance also emphasizes community-led decision-making through its governance system. Additionally, the platform has experienced an exploit in the past but has taken steps to recover lost funds and enhance security measures.

What makes Platypus Finance unique?

Platypus Finance is unique compared to other cryptocurrencies in several ways. Firstly, it has developed a whole new automated market maker (AMM) on the Avalanche network. This AMM manages risk autonomously based on the coverage ratio, allowing for maximal capital efficiency. This innovative approach sets Platypus apart from other cryptocurrencies.
Additionally, Platypus utilizes a single-variant slippage function instead of invariant curves, which is a key concept in their design. This results in lower slippage rates and higher capital efficiency compared to other stableswaps.
Furthermore, Platypus has thoughtfully crafted its design to address the current problems of other stableswaps. Unlike other platforms that require multiple tokens of equal value within a pool, Platypus simplifies the pool compositions and improves scalability. This leads to a better user experience for investors.
Overall, Platypus Finance stands out from other cryptocurrencies due to its unique AMM design, lower slippage rates, higher capital efficiency, and improved user experience.

Live Platypus Finance Price Data

The current price of Platypus Finance (PTP) is approximately $0.01154, reflecting a increase of 0.84% in the last 24 hours. The PTP trading volume in the last 24 hours stands at $28,816.84. Platypus Finance's market cap is currently $479,421.28, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PTP is 41.44 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Platypus Finance's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PTP, check out our crypto insights page.

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