# Tinyman > DeFi you were promised Tinyman is a decentralized trading protocol on Algorand. It lets users swap Algorand Standard Assets and provide liquidity through automated market maker pools. Tinyman is a decentralized trading protocol built on the Algorand blockchain, using an automated market maker with a constant product formula to enable asset swaps and liquidity provision. It operates as a set of open source, non-custodial smart contracts, meaning users retain control of their funds while trading or supplying liquidity directly on-chain. The protocol is aimed at traders, liquidity providers, and developers who want permissionless access to decentralized markets. The protocol addresses the need for continuous, on-chain liquidity for Algorand Standard Assets without relying on an order book or a centralized intermediary. Liquidity providers deposit paired assets into pools and earn a share of trading fees, while traders swap directly against pool reserves at algorithmically determined rates. Governance of protocol parameters and incentives is coordinated through a native governance token and community voting process. Beyond core swapping and pooling, Tinyman offers a swap widget, developer SDKs, trigger and recurring orders for automated trading strategies, lending pools, and a liquid staking feature tied to Algorand consensus participation. These tools extend the base protocol for developers integrating swaps into other applications and for users seeking automated or yield-generating strategies. The offering is used by individual traders, liquidity providers, and third-party developers building on the Algorand ecosystem. - Type: Protocol - Sector: DeFi - Status: Active - Founded: 2021-05-01 - Profile: https://thegrid.id/profiles/tinyman ## Products - [Tinyman App](https://thegrid.id/profiles/tinyman): Tinyman is a decentralized exchange on Algorand for swapping Algorand Standard Assets, adding liquidity to pools, and automating trades with trigger and recurring orders. (Decentralised Exchange, Live, Main Product) - [Tinyman Swap Widget](https://thegrid.id/profiles/tinyman): Tinyman Swap Widget is an embeddable token-swap interface that third-party websites and applications can integrate to let their own users trade Algorand Standard Assets. It connects to the underlying Tinyman exchange protocol to source pricing and execute swaps directly from a user's self-custody wallet within the host application. Developers embed the widget without building their own swap interface or managing liquidity infrastructure. (Live) - [Tinyman Liquid Staking](https://thegrid.id/profiles/tinyman): Tinyman Liquid Staking is a liquid staking service that lets Algorand holders stake ALGO and receive a liquid staking token in return, allowing them to earn staking rewards while retaining the ability to trade or use the token elsewhere. The service is accessed through its own dedicated interface and issues distinct receipt tokens backed by staked ALGO, separate from the core exchange pools. Stakers support Algorand network security while keeping their capital liquid for use across other applications. (Live) ## Assets - [TINY (TINY)](https://thegrid.id/profiles/tinyman): TINY is the governance token of Tinyman, a decentralized exchange on Algorand. It is used to vote on protocol decisions and earn governance rewards. Holders lock their tokens to accumulate TINY Power, a mechanism that grants long-term stakers greater voting influence to encourage sustained participation in protocol governance. (Governance) - [tALGO (TALGO)](https://thegrid.id/profiles/tinyman): tALGO is a liquid staking token issued by the Tinyman Stake Pool representing staked ALGO on Algorand. Users receive it when staking ALGO, and it accrues Algorand staking rewards automatically while remaining freely tradable or transferable. It can be redeemed for ALGO at any time with no lock-up period, allowing holders to access DeFi liquidity without forfeiting staking yield. (Liquid Staking Tokens (LSTs)) - [stALGO (STALGO)](https://thegrid.id/profiles/tinyman): stALGO is a liquid staking token issued by Tinyman at a one-to-one ratio when a holder re-stakes tALGO. It accrues additional TINY rewards while held and can be redeemed back to tALGO one-to-one at any time. Unlike tALGO, it is non-transferable and non-tradable while held, restricting its use to the re-staking mechanism itself. (Liquid Staking Tokens (LSTs)) ## Links - [Main](https://tinyman.org) - [Documentation](https://docs.tinyman.org) - [Blog](https://tinymanorg.medium.com) - [Media Kit/branding](https://github.com/tinymanorg/brand) - [Forum](https://gov.tinyman.org) - [Governance](https://app.tinyman.org/governance) - [Terms of Service](https://tinyman.org/terms-of-service) - [Twitter / X](https://x.com/tinymanorg) - [GitHub](https://github.com/tinymanorg) - [Discord](https://discord.gg/wvHnAdmEv6) - [Telegram](https://t.me/tinymanofficial) - [Telegram](https://t.me/tinymanannouncement) - [Reddit](https://www.reddit.com/r/Tinyman) - [LinkedIn](https://www.linkedin.com/company/tinymanorg) ## Legal This data is provided under two licensing models. Model 1 - open data. 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