Logo of Alchemix V2Alchemix V2(ALCX)
Total Value Locked$84,703.33

TVL by Chain

Ethereum$41,803.66

OP Mainnet$40,958.5

Arbitrum$1,941.17

Fantom$0

Key Metrics

Fees (Annualized)$818,673
Fees 30d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Fees 7d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Fees 24h$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Cumulative Fees$5.24m

Ethereum$4.97m

OP Mainnet$226,939

Arbitrum$47,420

Revenue (Annualized)$81,861
Revenue 30d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Revenue 7d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Revenue 24h$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Cumulative Revenue$524,411

Ethereum$496,992

OP Mainnet$22,690

Arbitrum$4,729

Holders Revenue (30d Run Rate)$0
Holders Revenue 30d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Holders Revenue 7d$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Holders Revenue 24h$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Cumulative Holders Revenue$0

Arbitrum$0

Ethereum$0

OP Mainnet$0

Staked$1.03m

$ALCX Liquidity$8.23m

Balancer V2$4.59m

SushiSwap$2.86m

Curve DEX$752,052

Velodrome V2$20,708

Protocol Information

Alchemix is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. It enables users to retrieve near instant tokenized value against temporary* deposits of stablecoins.

Category:Synthetics

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Alchemix generates revenue from various lending and yield optimization activities across its protocol.View code on GitHubRevenue: Revenue share from 10% yield collected.View code on GitHubHolders Revenue: No revenue share to ALCX token holders.View code on GitHub

Hacks

Date: Jun 16, 2021

Amount: $6.5m

Classification: Protocol Logic

Technique: Borrow Logic Flaw

Chains: Ethereum

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Alchemix V2's TVL?

Alchemix V2 currently has $84,703.33 in total value locked. TVL has increased 15.1% over the past 30 days.

What chains does Alchemix V2 operate on?

Alchemix V2 operates on 4 chains: Ethereum, Arbitrum, Fantom, and OP Mainnet. Ethereum holds the largest share at 49.4%.

How much has Alchemix V2 generated in fees and revenue?

Over the past 30 days, Alchemix V2 generated $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $818,673 in fees and $81,861 in revenue.

How does Alchemix V2's TVL compare to similar protocols?

Among Synthetics protocols tracked by DefiLlama, Alchemix V2 ranks #12 by TVL. The category holds $72.79m across 38 protocols, and Alchemix V2 accounts for 0.1% of that total. Other leading protocols include Alchemix V3, Metronome Synth, CVI Finance, Synthetix v1+v2, Usual ETH0, Rumpel Labs, Outcome Finance, Wrap Protocol, Yam Finance, and Duet Protocol.

Has Alchemix V2 ever been exploited?

Alchemix V2 has 1 recorded security incident. The most recent incident occurred on Jun 16, 2021 and involved $6.5m. It was classified as Protocol Logic.