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Hyperdrive

AMM protocol for fixed and variable rates

Comparison:

Details

Hyperdrive (formerly Ambit Finance) is a new AMM for fixed and variable yield positions underpinned by a novel pricing mechanism. It enables terms on-demand and removes the need for liquidity providers to roll over their capital allocations. Additionally, its mechanism design enables a more efficient, symmetrical yield market and is open source for others to build on.

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Significant Events

Dec, 2022

Hyperdrive raised $ 4.5 M in strategic financing