Ammalgam (δ, γ)
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X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-30 21:22
The secret recipe is out. https://t.co/yJ6vGbJbqJ ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-26 16:00
6/ Ammalgam treats liquidity as the source of truth and prices risk from inside the system.If a protocol can only liquidate at prices its own liquidity supports, should it rely on prices it can’t execute on?What’s your take? https://t.co/H4qA7DAV0F ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-26 16:00
5/ Oracle-based systems have failed here before.🔹 Mango Markets was drained after borrowing against a manipulated oracle price.🔹 bZx relied on thin feeds that couldn’t support liquidation.🔹 A mispriced oracle triggered mass liquidations on Euler.In each case, prices exceeded liquidity. ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-26 16:00
3/ To do this, Ammalgam derives prices internally.Prices are formed from:→ the actual token balances in the pool.→ per-block reserve updates.→ short and mid-term geometric averages.This creates a bounded price range that can only move as liquidity moves. ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-26 16:00
2/ Instead of asking “What does an oracle say this asset is worth?” the system continuously asks:🔹 If this position closed now, what would it sell for?🔹 How much liquidity backs it?🔹 What loss would that sale create?Those answers determine what’s safe to borrow. https://t.co/AM7emjsYIQ ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-26 16:00
Why is Ammalgam oracle-free by design?In lending, price only matters if it can be executed.If a protocol lends against prices it can’t realistically close positions at, it’s taking on risk it doesn’t control.Ammalgam was built around that constraint. https://t.co/93DyrH16cB ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-23 18:24
Didn’t feel like relying on oracles.Destination ➡️ mainnet. https://t.co/YZttV13fl8 ...
X @Ammalgam (δ, γ)
Ammalgam (δ, γ)· 2026-01-21 14:48
2026 is going to be fantastic!Sonic Eco (@SonicEcosystem):2026 is about to get loud on Sonic▪️More AMAs.▪️More X Spaces.▪️Builder spotlights.▪️Application deep dives.▪️Weekly ecosystem updatesWe’re stirring it up! Get ready. ...