Institutions
INSTITUTIONAL PRODUCTS
WHO WE SERVE
$25.9512780004
$7.8250125826 (43.17%)
Past year
Volume (24H)
--
Circulating Supply
2.208M
Market Cap
$57.13M
About Alchemix (ALCX)
Alchemix is an innovative, hybrid DeFi application that allows for the creation of yield-backed synthetic assets. With its unique ability to provide collateral that can also generate yield, Alchemix can offer a self-paying loan that has effectively no risk of liquidation. This product, “Vaults”, is the centerpiece of the Alchemix ecosystem and uses Yearn.finance as a building block for yield on underlying assets like DAI, with support for ETH and others coming soon.
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