Ammalgam launches the mainnet, introducing a unified lending trading protocol and strategy Vault

According to market news, the decentralized lending trading protocol Ammalgam has officially launched its mainnet, integrating lending, market making, and trading into a comprehensive on-chain liquidity system that supports the reuse of funds across different strategies to enhance LP capital efficiency.

The project previously completed a $2.5 million seed round of financing, with investors including Lightspeed Faction, Framework Ventures, and others. Ammalgam has abandoned external oracles and instead directly utilizes on-chain executable liquidity pricing and risk control to reduce the risks of price manipulation and oracle failure. It has simultaneously launched a strategy Vault based on Lagoon Finance infrastructure, allowing users to deposit assets such as USDC, ETH, and BTC into Vaults vetted by curators, obtaining ERC-7540 share certificates to passively participate in complex DeFi strategies like leverage and rebalancing, with redemptions executed according to the announced settlement windows and fees.