Ask about Platypus Finance · freePlatypus Finance(PTP)
Total Value Locked$26,347
TVL by Chain
Avalanche$26,347
Key Metrics
DEX Volume 30d$328,280
DEX Volume 30d by chain
Avalanche$328,280
DEX Volume 7d$22,833
Avalanche$22,833
DEX Volume 24h$2,208
Avalanche$2,208
Cumulative DEX Volume$11.908b
Avalanche$11.908b
Staked$0
Total Raised$3.3m
Dec 2, 2021$3.3mRound: SeedInvestors: Three Arrows Capital, DeFiance Capital, 0x Ventures, Avalanche Labs, Avalaunch, Benqi Finance, CMS Holdings, Colony, Genesis Global Trading, Hailstone Ventures, KeyChain Capital, Mechanism Capital, MC Ventures, TPS Capital, Valhalla Capital, Yield Yak
Protocol Information
Platypus combined stableswap and stablecoin, masterfully utilizing its underlying assets to bring next-level capital efficiency.
Sub Category: AMM
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubDEX Volume: Volume of all spot token swaps on the DEXView code on GitHubUser Activity
Active Addresses (24h)0
New Addresses (24h)0
Transactions (24h)0
Gas Used (24h)0 AVAX
Gas Cost (24h)$0
Hacks
Date: Feb 16, 2023
Amount: $8.5m
Classification: Protocol Logic
Technique: Unknown
Chains: Avalanche
Language: Solidity
Target Type: DeFi Protocol
Returned Funds: $222,634
Date: Jul 12, 2023
Amount: $50,000
Classification: Protocol Logic
Technique: Withdrawal Logic Flaw
Chains: Avalanche
Language: Solidity
Target Type: DeFi Protocol
Competitors
Platypus Finance history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Nov 27, 2021 to Oct 20, 2026.
All-time high TVL: $1.255b on Mar 17, 2022. All-time low TVL: $3 on Nov 27, 2021.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $30,255 |
| Sep 22, 2026 | $29,640 |
| Sep 23, 2026 | $29,583 |
| Sep 24, 2026 | $28,996 |
| Sep 25, 2026 | $29,512 |
| Sep 26, 2026 | $29,963 |
| Sep 27, 2026 | $29,512 |
| Sep 28, 2026 | $29,432 |
| Sep 29, 2026 | $28,610 |
| Sep 30, 2026 | $28,788 |
| Oct 1, 2026 | $28,861 |
| Oct 2, 2026 | $29,338 |
| Oct 3, 2026 | $28,784 |
| Oct 4, 2026 | $28,823 |
| Oct 5, 2026 | $29,157 |
| Oct 6, 2026 | $29,036 |
| Oct 7, 2026 | $28,753 |
| Oct 8, 2026 | $27,881 |
| Oct 9, 2026 | $27,354 |
| Oct 10, 2026 | $27,935 |
| Oct 11, 2026 | $27,824 |
| Oct 12, 2026 | $27,960 |
| Oct 13, 2026 | $26,972 |
| Oct 14, 2026 | $27,446 |
| Oct 15, 2026 | $26,976 |
| Oct 16, 2026 | $27,036 |
| Oct 17, 2026 | $27,243 |
| Oct 18, 2026 | $27,431 |
| Oct 19, 2026 | $26,387 |
| Oct 20, 2026 | $26,338 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $162,044 |
| Dec 31, 2024 | $123,750 |
| Jan 31, 2025 | $103,180 |
| Feb 28, 2025 | $96,676 |
| Mar 31, 2025 | $88,391 |
| Apr 30, 2025 | $89,914 |
| May 31, 2025 | $66,641 |
| Jun 30, 2025 | $61,862 |
| Jul 31, 2025 | $71,737 |
| Aug 31, 2025 | $72,698 |
| Sep 30, 2025 | $68,076 |
| Oct 31, 2025 | $57,347 |
| Nov 30, 2025 | $50,977 |
| Dec 31, 2025 | $51,314 |
| Jan 31, 2026 | $50,250 |
| Feb 28, 2026 | $46,888 |
| Mar 31, 2026 | $45,715 |
| Apr 30, 2026 | $48,976 |
| May 31, 2026 | $52,495 |
| Jun 30, 2026 | $33,658 |
| Jul 31, 2026 | $27,746 |
| Aug 31, 2026 | $27,416 |
| Sep 30, 2026 | $28,788 |
| Oct 20, 2026 (latest) | $26,338 |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $10m |
| Dec 31, 2022 | $34.39m |
| Dec 31, 2023 | $132,295 |
| Dec 31, 2024 | $123,750 |
| Dec 31, 2025 | $51,314 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/platypus-finance
Frequently asked questions
What is Platypus Finance's TVL?
As of Oct 20, 2026, Platypus Finance has $26,347 in total value locked. TVL has decreased 9.1% over the past 30 days.
What chains does Platypus Finance operate on?
Platypus Finance operates on Avalanche. Avalanche holds the largest share at 100%.
How does Platypus Finance's TVL compare to similar protocols?
Among Dexs protocols tracked by DefiLlama, Platypus Finance ranks #854 by TVL. The category holds $14.112b across 1,917 protocols, and Platypus Finance accounts for <0.1% of that total. Similar protocols include Uniswap V3, Uniswap V4, Curve DEX, Uniswap V2, THORChain DEX, SushiSwap V3, SushiSwap, Pharaoh V3, Balancer V3, and Balancer V2.
How much trading volume does Platypus Finance process?
Platypus Finance processed $328,280 in DEX volume over the past 30 days.
Has Platypus Finance ever been exploited?
Platypus Finance has 2 recorded security incidents. The most recent incident occurred on Jul 12, 2023 and involved $50,000. It was classified as Protocol Logic.