Ask about Alchemix · freeTotal Value Locked$38.58m
TVL by Chain
Ethereum$32.67m
OP Mainnet$3.23m
Base$2.36m
Arbitrum$321,881
Fantom$0
Key Metrics
Fees 30d$158,423
Fees 30d by chain
Ethereum$149,098
Base$10,741
OP Mainnet$10,146
Arbitrum$606.48
Fees 7d$40,689
Ethereum$34,565
OP Mainnet$5,059
Base$3,658
Arbitrum$140.66
Fees 24h$10,229
Ethereum$6,493
OP Mainnet$3,218
Base$502
Arbitrum$16.75
Cumulative Fees$7.33m
Ethereum$6.96m
OP Mainnet$364,517
Arbitrum$69,075
Base$10,741
Revenue 30d$48,901
Revenue 30d by chain
Ethereum$42,212
Base$3,446
OP Mainnet$3,087
Arbitrum$154.87
Revenue 7d$10,810
Ethereum$7,954
OP Mainnet$1,548
Base$1,271
Arbitrum$38.01
Revenue 24h$1,871
OP Mainnet$907
Ethereum$807
Base$155
Arbitrum$2.51
Cumulative Revenue$980,248
Ethereum$926,774
OP Mainnet$42,677
Arbitrum$7,357
Base$3,446
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$0
Arbitrum$0
Base$0
Ethereum$0
OP Mainnet$0
Market Cap$5.3m
$ALCX Price$2.10
Fully Diluted Valuation$6.72m
$ALCX Volume 24h$19,497
CEX Volume$21,544
DEX Volume$1,858(9.53% of total)
Staked$1.06m(19.99% of mcap)
Treasury$1.88m
Majors$231,644
Stablecoins$1.14m
Own Tokens$358,744
Others$155,519
Protocol Information
Alchemix is a protocol for creating and managing synthetic assets, allowing users to mint and burn synthetic assets backed by real-world assets.
- Alchemix V3Synthetics
- Alchemix V2Synthetics
Yields
Pools Tracked12
Average Supply APY6.19%
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Hacks
Date: Jun 16, 2021
Protocol: Alchemix V2
Amount: $6.5m
Classification: Protocol Logic
Technique: Borrow Logic Flaw
Alchemix alETH vault exploited via incorrect vault indexing in the deployment script. Wrong index in debt calculations allowed collateral withdrawal without loan repayment.
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Alchemix history
TVL is the default DefiLlama definition, which excludes Staking. Daily values are UTC snapshots from Nov 18, 2021 to Nov 1, 2026.
All-time high TVL: $889.51m on Dec 2, 2021. All-time low TVL: $79,288 on Apr 4, 2026.
Daily TVL, Oct 3, 2026 to Nov 1, 2026
| Date | TVL |
|---|---|
| Oct 3, 2026 | $40.91m |
| Oct 4, 2026 | $41.02m |
| Oct 5, 2026 | $41.48m |
| Oct 6, 2026 | $41.55m |
| Oct 7, 2026 | $43.21m |
| Oct 8, 2026 | $41.56m |
| Oct 9, 2026 | $40.61m |
| Oct 10, 2026 | $40.67m |
| Oct 11, 2026 | $40.77m |
| Oct 12, 2026 | $41.3m |
| Oct 13, 2026 | $39.82m |
| Oct 14, 2026 | $40.83m |
| Oct 15, 2026 | $39.79m |
| Oct 16, 2026 | $40.29m |
| Oct 17, 2026 | $40.03m |
| Oct 18, 2026 | $39.9m |
| Oct 19, 2026 | $39.88m |
| Oct 20, 2026 | $39.79m |
| Oct 21, 2026 | $40.22m |
| Oct 22, 2026 | $40.58m |
| Oct 23, 2026 | $38.83m |
| Oct 24, 2026 | $38.97m |
| Oct 25, 2026 | $39.01m |
| Oct 26, 2026 | $38.85m |
| Oct 27, 2026 | $38.74m |
| Oct 28, 2026 | $39.15m |
| Oct 29, 2026 | $39.46m |
| Oct 30, 2026 | $37.88m |
| Oct 31, 2026 | $38.13m |
| Nov 1, 2026 | $38.54m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $62.93m |
| Jan 31, 2025 | $60.71m |
| Feb 28, 2025 | $42.76m |
| Mar 31, 2025 | $38.88m |
| Apr 30, 2025 | $36.8m |
| May 31, 2025 | $43.69m |
| Jun 30, 2025 | $42.61m |
| Jul 31, 2025 | $59.82m |
| Aug 31, 2025 | $58.42m |
| Sep 30, 2025 | $58.09m |
| Oct 31, 2025 | $51.1m |
| Nov 30, 2025 | $41.19m |
| Dec 31, 2025 | $41m |
| Jan 31, 2026 | $37.71m |
| Feb 28, 2026 | $28.66m |
| Mar 31, 2026 | $28.85m |
| Apr 30, 2026 | $32.42m |
| May 31, 2026 | $34.25m |
| Jun 30, 2026 | $29.18m |
| Jul 31, 2026 | $30.72m |
| Aug 31, 2026 | $37.21m |
| Sep 30, 2026 | $41.07m |
| Oct 31, 2026 | $38.13m |
| Nov 1, 2026 (latest) | $38.54m |
TVL at each year end, Dec 31, 2021 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2021 | $781.47m |
| Dec 31, 2022 | $57.47m |
| Dec 31, 2023 | $60.5m |
| Dec 31, 2024 | $62.93m |
| Dec 31, 2025 | $41m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $205,373 | $20,534 | $0 |
| Jan 2025 | $129,295 | $12,929 | $0 |
| Feb 2025 | $229,856 | $22,989 | $0 |
| Mar 2025 | $121,539 | $12,150 | $0 |
| Apr 2025 | $114,074 | $11,412 | $0 |
| May 2025 | $181,800 | $18,184 | $0 |
| Jun 2025 | $257,834 | $25,782 | $0 |
| Jul 2025 | $204,438 | $20,444 | $0 |
| Aug 2025 | $390,742 | $39,076 | $0 |
| Sep 2025 | $341,874 | $34,180 | $0 |
| Oct 2025 | $316,716 | $31,662 | $0 |
| Nov 2025 | $157,444 | $15,744 | $0 |
| Dec 2025 | $281,180 | $28,118 | $0 |
| Jan 2026 | $205,076 | $20,514 | $0 |
| Feb 2026 | $15,042 | $1,506 | $0 |
| Mar 2026 | $231,722 | $23,173 | $0 |
| Apr 2026 | $28,084 | $428 | $0 |
| May 2026 | $82,196 | $12.89 | $0 |
| Jun 2026 | $77,590 | $33,768 | $0 |
| Jul 2026 | $144,339 | $95,085 | $0 |
| Aug 2026 | $139,674 | $79,458 | $0 |
| Sep 2026 | $146,816 | $65,186 | $0 |
| Oct 2026 | $159,866 | $50,695 | $0 |
| Nov 2026 (to date) | $10,299 | $1,988 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/alchemix
Frequently asked questions
What is Alchemix's TVL?
As of Nov 1, 2026, Alchemix has $38.58m in total value locked. TVL has decreased 6.8% over the past 30 days.
What chains does Alchemix operate on?
Alchemix operates on 5 chains: Ethereum, OP Mainnet, Arbitrum, Fantom, and Base. Ethereum holds the largest share at 84.7%.
How much has Alchemix generated in fees and revenue?
Over the past 30 days, Alchemix generated $158,423 in fees. Of that, $48,901 was protocol revenue. Based on the trailing year, the annualized rate is $1.67m in fees and $413,688 in revenue.
What is the ALCX token price and valuation?
ALCX is currently trading at $2.08. Its circulating market capitalization is $5.27m, ranking it #2,014. Its fully diluted valuation is $6.68m. Supply currently stands at 2.53m circulating, 3.21m total supply.
How has ALCX performed recently?
ALCX is down 3.2% over the past 7 days and down 24.1% over the past 30 days. Its all-time high is $2,066, reached on Mar 20, 2021. The token is currently 99.9% below that level.
How does Alchemix's TVL compare to similar protocols?
Among Synthetics protocols tracked by DefiLlama, Alchemix ranks #1 by TVL. The category holds $69.78m across 36 protocols, and Alchemix accounts for 55.3% of that total. Similar protocols include Metronome Synth, CVI Finance, Usual ETH0, Outcome Finance, Wrap Protocol, Yam Finance, Rumpel Labs, Duet Protocol, Crafting Finance, and Forge SX Ovens.
How many yield pools does Alchemix have?
DefiLlama tracks 12 Alchemix yield pools with an average APY of 6.2%.
Does Alchemix have a treasury?
Alchemix has a tracked treasury currently valued at $1.88m. Its holdings include $1.14m in stablecoins, $231,644 in major assets, $358,744 in its own tokens, $155,519 in other assets.
Has Alchemix ever been exploited?
Alchemix has 1 recorded security incident. The most recent incident occurred on Jun 16, 2021 and involved $6.5m. It was classified as Protocol Logic.