CoinFLEX, a leading derivatives exchange and yield platform, has announced the second iteration of their innovative AMM+ (Automated Market Maker) platform—making the yield-earning product more accessible to everyday investors.
AMM+: Leveling up the AMM model on a CeFi platform
AMM+ Statistics
The revamped AMM+ page now offers users a statistical summary they can easily reference to access relevant information when selecting a market pair. This includes key figures such as average TVL (total value locked), volume, and APR across both 24-hour and 7-day time periods.
Tips and Guidance
AMM+ emphasizes an educational user experience, equipping users with the necessary skills and tools to navigate around both the product and relevant markets. The ‘Tips and Guidance’ toggle is turned on by default to provide users with simple explanations for different AMM+ features.
Setting Your Price Range
The live price chart offers users the ability to set their price range while directly referencing live, real-time prices from the CoinFLEX platform. For those who choose to use the ‘Capital Boost’ feature, an associated liquidation price can be seen on the chart in the form of a dotted red line. The more Capital Boost used, the closer the liquidation price will be to the limits of the chosen price range.
Impermanent Loss Calculator
Calculating impermanent loss (IL) has long been a headache for AMM users across the DeFi space. The AMM+ platform includes an innovative built-in IL calculator, so that users can simulate impermanent loss at specific prices—and the prices at which impermanent loss is eliminated. Providing this information upfront is key to making informed decisions when deploying capital through AMM+, and highlights the company’s commitment to accessibility and ease-of-use.
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