Logo of Alchemix V2Alchemix V2(ALCX)

Total Value Locked$87,884

TVL by Chain

Ethereum$44,201

OP Mainnet$41,675

Arbitrum$2,008

Fantom$0

Key Metrics

Fees 30d$0
Fees 30d by chain

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 30d$0
Revenue 30d by chain

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$0
Holders Revenue 30d by chain

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$1.36m

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: Protocol fee share from gross yield harvested.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 $87,884 in total value locked. TVL has increased 3.2% over the past 30 days.

What chains does Alchemix V2 operate on?

Alchemix V2 operates on 4 chains: Ethereum, OP Mainnet, Arbitrum, and Fantom. Ethereum holds the largest share at 50.3%.

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 $569,403 in fees and $56,941 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 $76.06m across 36 protocols, and Alchemix V2 accounts for 0.1% of that total. Other leading protocols include Alchemix V3, Metronome Synth, CVI Finance, Usual ETH0, Outcome Finance, Wrap Protocol, Yam Finance, Rumpel Labs, Duet Protocol, and Crafting Finance.

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.