💡Project Spotlight @ammalgam DLEX combines lending, borrowing, farming, perp trading in one protocol👇 Products: 🔹AMM based on Uni V2 🔹Lend/borrow (LP or native tokens) 🔹Swap 🔹Perp trading Ammalgam’s DLEX uses seven modular contracts for functions like lending, borrowing, and liquidity provisioning, delivering AMM-style efficiency without oracles, avoiding price feed exploits, and maximizing capital efficiency. Security/Risks: 🔹Oracle-free, fully decentralized 🔹Overcollateralized 🔹Isolated per AMM pair 🔹Risk engine for liquidations DP Pools (Lending + LPing): Dual Purpose Pools (DP Pools) combine AMM and lending, enabling liquidity providers to earn swap fees and lending interest from a single deposit. Capital Efficiency: Amalgam maximizes capital efficiency by integrating trading and lending within a unified AMM structure. 🔹Dynamic swap pricing 🔹Increased efficiency through leveraging Perpetuals Engine: The DLEX operates on a perpetuals-style engine, allowing directional exposure with margin. Positions are opened within Dual-Purpose Pools (DP Pools), providing native liquidity access without external matching engines or segregated order books. All positions are: 🔹Isolated to individual AMM pairs (example WBTC/USDC) 🔹Overcollateralized with pool deposit assets 🔹Adjusted based on real-time pool state, oracles, and utilization rates Recipe: Choose strategies like lending, LPing, or leverage in one composable position: 🔹Long/short 🔹Market making 🔹Delta-neutral market making 🔹Long/short market making 🔹Straddle 🔹Calls 🔹Puts Nice approach to combine everything in DeFi in one protocol. Looks like Andre also likes Ammalgam, he is reposting everything. Innovation is coming to $S my friends, this could be interesting for everyone, no matter if farmer, perp trader or spot buyer. Farming Lp and lending against your yielding position - this remember me on old FTM times. Curious to test some receipes and share it on X.