Alchemix Details

Asset Overview

Alchemix

Alchemix

About Alchemix

This DeFi lending platform runs on the Ethereum network, creating loans that are automatically paid back over time. It does this by requiring users to deposit the stablecoin DAI in an interest-accruing vault in order to borrow a synthetic asset. Users can borrow only half as much as they deposit, adding stability to the loan. As interest is earned, it is automatically put toward repaying the loan.

Current price:$406.24

Economic Details

Alchemix Details

Ticker
ALCX

Alchemix Resources