PANews reported on March 13th that Ammalgam, a decentralized lending and trading protocol, has officially launched its mainnet. It integrates lending, market making, and trading into a single on-chain liquidity system, supporting the reuse of funds across different strategies to improve LP capital efficiency. The project previously completed a $2.5 million seed round of funding, with investors including Lightspeed Faction and Framework Ventures. Ammalgam abandons external oracles, instead relying directly on on-chain executable liquidity pricing and risk control to reduce the risks of price manipulation and price feed failures. Simultaneously, it launched a strategy Vault based on the Lagoon Finance infrastructure. Users can deposit assets such as USDC, ETH, and BTC into curated Vaults to obtain ERC-7540 share certificates, passively participating in complex DeFi strategies such as leverage and rebalancing. Redemptions will be executed according to the published settlement window and fees.