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X @Andre Cronje
Andre Cronjeยท2025-08-18 22:04

Overview - Amalgam's DLEX combines lending, borrowing, farming, and perpetual trading into a single protocol [1] - The protocol aims to maximize capital efficiency by integrating trading and lending within a unified AMM structure [2] - The protocol is oracle-free and fully decentralized [3] Products & Features - DLEX utilizes seven modular contracts for functions like lending, borrowing, and liquidity provisioning, delivering AMM-style efficiency [1] - Dual Purpose Pools (DP Pools) combine AMM and lending, enabling liquidity providers to earn swap fees and lending interest from a single deposit [1] - Operates on a perpetuals-style engine, allowing directional exposure with margin, positions are opened within DP Pools [3] - Supports strategies like lending, LPing, or leverage in one composable position [3] - Offers dynamic swap pricing and increased efficiency through leveraging [4] Security & Risk Management - All positions are overcollateralized and isolated per AMM pair (example WBTC/USDC) [3][5] - Risk engine in place for liquidations [3] - Pricing is adjusted based on real-time pool state and utilization rates [5] Trading Strategies - Supports various trading strategies including long/short, market making, delta-neutral market making, straddle, calls, and puts [7]