Amp

Amp is a digital collateral token built on the Ethereum blockchain, designed to let networks secure value transfers instantly and verifiably without waiting for final settlement. The problem it addresses is settlement risk: when a payment is made but its finality cannot be guaranteed in real time, a merchant or counterparty bears the exposure gap. Amp is intended to fill that gap by acting as pledged collateral that can be seized or released automatically if a transaction fails.

Amp operates through a system of collateral partitions and collateral managers, both implemented as smart contracts on Ethereum. A collateral partition holds a balance of AMP tokens that is publicly verifiable on-chain and can be assigned to a specific account, application, or individual transaction. Collateral manager contracts then govern whether those tokens are locked, released, or redirected, enabling payment networks such as Flexa to draw on the collateral pool to guarantee a transaction before the underlying settlement is complete.

The data provided does not record a fee stream generated by the Amp protocol itself, meaning there is no documented revenue that flows to token holders or a treasury in the way a lending protocol might collect interest. The primary economic role of AMP tokens is to serve as collateral, so the value of holding them is tied to demand for that collateral function rather than a share of fees. Because no fee revenue is recorded here, fee-based valuation measures are not applicable to this asset. The market capitalisation stands at approximately 68.7 million USD at the point-in-time price, and total value locked in the protocol is approximately 1.2 million USD, giving a market-cap-to-TVL ratio of roughly 54.6.