Ammalgam Launches DeFi Lending and Trading Protocol on Mainnet

The decentralized finance platform Ammalgam has officially launched on mainnet after roughly a year of development and testing. The protocol introduces what it describes as a decentralized lending exchange model designed to integrate lending, borrowing and trading into a unified liquidity system.

By combining these functions in a single architecture, the platform aims to improve capital efficiency for liquidity providers and reduce the fragmentation commonly seen across separate DeFi services. The unified framework allows capital to be reused across strategies instead of being locked in isolated pools.

On-Chain Pricing Without External Oracles

Ammalgam’s system is designed to operate without traditional price oracles. Instead, pricing and risk management are derived directly from executable on-chain liquidity. According to project founder Will Fey, this approach reduces dependence on external data feeds that can sometimes become delayed, manipulated or unavailable.

Strategy Vaults Introduced for Passive DeFi Participation

Alongside the mainnet launch, the project introduced curated strategy vaults built using infrastructure from Lagoon Finance. These vaults allow users to deposit assets such as USDC, ETH or BTC and gain exposure to managed DeFi strategies represented through ERC-7540 share tokens.

Disclaimer

This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.