Most lending and trading protocols rely on off-chain price feeds. Ammalgam's decentralized lending exchange (DLEX) does not. Prices are inferred directly from on-chain liquidity and updated every block. This design allows Ammalgam to: 🔹 Support any asset without waiting for oracle listings. 🔹 Reduce oracle lag and dependency risks. 🔹 Make lending and trading fully permissionless.

How price is determined: 🔹 Prices are tracked as a range, not a single number. 🔹 Outlier movements are restricted to deter manipulation. 🔹 Liquidity based limits ensure positions can be safely closed.

No external feeds. No oracle dependent approvals. No waiting for listings. Learn more: