DLEX
Decentralized Lending Exchange
Unprecedented Capital Efficiency
Alpha release December 2023
Innovation
The composability user experience in Defi is inaccessible to many users
Flash loan requires developer skills
Click friction from multiple protocols requiring multiple approvals
Exploit risk increases with each dApp
Ammalgam Recomposes DeFi into one protocol
Benefits:
Capital Efficiency
- Market makers can now earn lending fees in addition to their swap fees simultaneously on all of their liquidity.
- Lending liquidity gives market makers a new lucrative source of yield due to the demand for positive gamma or impermanent gain
Utility
- The combination of minting or borrowing liquidity and depositing or borrowing X and Y in one protocol allow for limitless variations of trading strategies.
- Market makers can borrow against their liquidity allowing for easy access to more versatile strategies including delta neutral and leveraged market making which is similar to concentrated liquidity.
Autonomy
- Unique oracle free design allows permissionless creation of lending markets for any two token pairs.
- Removing oracle dependency allows for the shorting of any token and enables yield for any asset to hedge against long tail risk.
Capital Efficiency
20% Increased Capital Efficiency without Compounded Impermanent Loss Risk by Introducing Lending Yield
Uniswap V2 one year asset utilization
Ammalgam one year asset utilization
Utility
Ammalgam Provides the Preset Recipes Below or Allows Users to Customize Any Strategy They Want to Create
Short or Long
Market Making
Delta Neutral Market Making
Short or Long Market Making
Straddle
Calls
Puts
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Market Making
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Delta Neutral Market Making
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Short or Long Market Making
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Straddle
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Calls
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Puts
Payout Chart
Portfolio Value Change
Price Change
Heat Map
Price Change
Time
Position percent value
Gain in value
Neutral value
Loss of value
* The Heat Map shows both the impact of price change and the yield earned or paid over time.
Autonomy
- Permissionless pool creation without the need of an oracle
- Short anything
- Allows yield on long tail liabilities
- Meticulously designed to function in illiquid markets without arbitrage
Team
William Fey
Founder
- Theoretical Mathematician
- Self taught engineer writing trading bots on GDAX
- Engineering on scalability team at Xandr acquired by Microsoft in 2022
Eric Xue
Technical Founder
- Computer science degree with 20 years of software development experience
- Lead software developer for Operitel, a Learning Management System, acquired by Opentext Canada
Yuehan Duan
Front End Developer
- 5 years of tech leadership
- Solidity and security fellowship
- Series 7 & Series 66
James Horning
Business Development Founder
- Serial Entrepreneur
- JD/MBA
- 20 years finance and banking
Ashley Griffith
Business Development Advisor
- Applied Mathematics Columbia University
- Innovation Advisor to BCG, Schwab, & Cisco
Funded by DeFi OG's
Kain Warwick,
founder of
Sergej Kunz & Anton Bukov,
co-founders, & Mikhail Melnik, Architect of
Robert Leshner & Tarun Chitra,
founders of
Kevin Zhou,
Angel Investor
Santiago R. Santos,
Angel Investor
Mainnet Soon!
Mentorship Cohort led by Kain Warwick
December 2021 - April 2022
Litepaper
April 2022
Started Development
May 2022
Pre Seed Raise $750k
September 2022
Release Alpha dApp
4th Quarter of 2023
Release Beta dApp
2nd Quarter of 2024
Complete Contract Development
2nd Quarter of 2024
Audits
2nd Quarter of 2024
Mainnet Release
3rd Quarter 2024