Ask about Platypus Finance
Logo of Platypus FinancePlatypus Finance(PTP)
Total Value Locked$28,744.72

TVL by Chain

Avalanche$28,744.72

Key Metrics

DEX Volume 30d$203,050
DEX Volume 30d by chain

Avalanche$203,050

DEX Volume 7d$24,743

Avalanche$24,743

DEX Volume 24h$3,242

Avalanche$3,242

Cumulative DEX Volume$11.907b

Avalanche$11.907b

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.

Category:Dexs

Sub Category: AMM

Audits:

GitHubTwitter

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 GitHub

Hacks

Date: Feb 16, 2023

Amount: $8.5m

Classification: Ecosystem

Technique: Flashloan Reentrancy Attack

Chains: Avalanche

Language: Solidity

Target Type: DeFi Protocol

Returned Funds: $222,634

Competitors

Uniswap V3 ($1.48b)Curve DEX ($1.273b)Uniswap V4 ($845.53m)Uniswap V2 ($820.04m)Thorchain DEX ($53.55m)SushiSwap V3 ($39.6m)SushiSwap ($33m)Balancer V2 ($27.5m)Balancer V3 ($26.5m)Pharaoh V3 ($18.1m)

Frequently Asked Questions

What is Platypus Finance?

Platypus combined stableswap and stablecoin, masterfully utilizing its underlying assets to bring next-level capital efficiency.

What is Platypus Finance's TVL?

Platypus Finance currently has $28,744.72 in total value locked. TVL has decreased 23.8% 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 #710 by TVL. The category holds $11.27b across 1,575 protocols, and Platypus Finance accounts for <0.1% of that total. Other leading protocols include Uniswap, PancakeSwap, and Curve Finance.

How much trading volume does Platypus Finance process?

Platypus Finance processed $203,050 in DEX volume over the past 30 days.

Has Platypus Finance ever been exploited?

Platypus Finance has 1 recorded security incident. The most recent incident occurred on Feb 16, 2023 and involved $8.5m. It was classified as Ecosystem.