DeFi Saver’s Recipe Creator a DeFi UX GamechangerRead on the DeFi Pulse Blog

Key Stats

Total Value Locked24H
in USD$11.3M-10.8%
in ETH4.5K ETH-15.6%
in BTC290 BTC-18.4%
ETH Locked1.51K ETH-199 ETH
% Supply Locked< 0.01%
Blockchain
Ethereum
Most Locked$ETH
Protocol Token$IMX

Total Value Locked (USD) in Impermax

  • TVL (USD)
  • ETH
  • BTC
  • DAI
  • All
  • 1 Year
  • 90 Day
  • 30 Day
defipulse chart

What is Impermax?

Impermax is a DeFi platform for unlocking the value of LP tokens. On Impermax, liquidity providers can use their LP tokens as collateral for loans. This opens up new opportunities for yield farmers to continue earning yields while accessing borrowed funds for trading, staking, or even providing more liquidity. Most importantly, users can use these borrowed funds to leverage their yields. Impermax achieves some of the industry’s lowest collateralization requirements and highest yield leverage with its unique collateral model. Every lending pool on Impermax is paired with LP token collateral of matching value. This means users can leverage their AMM yields up to x10 with a single transaction. Any time there is a big increase in yields, farmers can instantly increase their positions without adding any additional funds of their own. On the lending side, anyone can supply funds for permissionless loans on Impermax. When yield farmers use these borrowed funds for more yield, it means the lender is effectively providing liquidity to the AMM (indirectly through the borrower) with no risk of impermanent loss.


How to use Impermax?

Visit impermax.finance and connect your Metamask or other Web 3 wallet to the app. Click on a token pair and choose whether you want to borrow or lend. Borrowers can deposit LP tokens from Uniswap V2 and immediately leverage them. Lenders can deposit tokens on any supported pair and start earning interest. Impermax can support every token pair on Uniswap V2. If you don’t see the pair you want, you can add it yourself via the Create New Pair UI.

DeFi Saver’s Recipe Creator a DeFi UX Gamechanger

Users from around the world should be able to easily access the benefits of decentralized finance. Yet in DeFi’s early days, you could really only be initiated to these benefits by manually figuring things out on your own through trial and error. This has kept accessibility at bay in kind!  What’s needed, then, is an …

2021-06-07Read more >

Impermax’s Indirect Liquidity Providing Makes DeFi Easier

Previously, providing liquidity to automated market maker (AMM) projects in DeFi has been a manual and somewhat tedious process. You source the required amount of tokens for your desired pair, approve token contracts, pay gas fees to deposit, and then if you’re looking to farm further yields you might go and stake your new liquidity …

2021-05-26Read more >

AMA with Impermax Founder Simone Rigolon

This AMA session with Impermax Founder Simone Rigolon occurred on May 14th, 2021. The following is a transcription of the live from DeFi Pulse’s AMA Discord channel. To participate in future AMAs, please join our Discord and follow us on Twitter. Chaz Schmidt: Hello and welcome @everyone ! Thank you for joining us today for …

2021-05-19Read more >

Founder Fireside Chat with Robert Lauko of Liquity

The Founder Fireside Chat series hosted by DeFi Pulse interviews DeFi founders in the hopes of offering readers an opportunity to better understand their perspective and what drives them to build their vision. Welcome! We’re glad to have you back for another Founder Fireside Chat. This week, we sat down with Robert Lauko, Founder and …

2021-05-14Read more >