Amp

Amp is a digital collateral token built on the Ethereum blockchain, designed to secure value transfers by acting as a form of instant, verifiable collateral. The core problem it claims to address is the delay and uncertainty that can arise when one party needs assurance that a transaction will be honoured before it is fully settled. Its primary known application is the Flexa payment network, where merchants can receive guaranteed payment while the underlying transfer is still being processed.

Amp operates through a system of collateral partitions — on-chain balances visible directly on Ethereum — and collateral managers, which are smart contracts that can lock, release, or redirect those balances to back specific transactions or accounts. When a payment is initiated on a network such as Flexa, AMP tokens held in a designated partition are locked as collateral; if the transaction completes normally, they are released, and if it fails, the collateral can be redirected to cover the shortfall. A notable feature is that tokens can be staked within their original address without being moved, using predefined partition strategies.

The data provided does not include a fee stream — there is no recorded protocol revenue or fee distribution mechanism in the stored metrics. This means that standard fee-based valuation measures, such as price-to-fees or revenue yield, cannot be calculated for Amp from the information on this page. What the data does show is a market capitalisation of 39,609,108 USD against a total value locked of 750,620.42 USD at the current point in time, producing a market-cap-to-TVL ratio of 52.87 and a fully diluted value-to-TVL ratio of 58.72, both of which reflect how much capital the market is attributing to each dollar of collateral currently deployed in the protocol.