Total Value Locked$38.96m
TVL by Chain
Ethereum$32.88m
OP Mainnet$3.46m
Base$2.31m
Arbitrum$299,409
Fantom$0
Key Metrics
Fees 30d$155,906
Fees 30d by chain
Ethereum$152,725
Base$7,083
OP Mainnet$6,070
Arbitrum$632.27
Fees 7d$37,778
Ethereum$34,156
Base$2,984
OP Mainnet$1,570
Arbitrum$134.78
Fees 24h$5,775
Ethereum$5,179
Base$392
OP Mainnet$186
Arbitrum$17.84
Cumulative Fees$7.3m
Ethereum$6.94m
OP Mainnet$359,684
Arbitrum$68,954
Base$7,508
Revenue 30d$48,651
Revenue 30d by chain
Ethereum$44,325
Base$2,174
OP Mainnet$1,985
Arbitrum$163.83
Revenue 7d$12,620
Ethereum$11,197
Base$930
OP Mainnet$458.91
Arbitrum$31.38
Revenue 24h$1,137
Ethereum$963
Base$113
OP Mainnet$57.77
Arbitrum$2.68
Cumulative Revenue$971,055
Ethereum$920,214
OP Mainnet$41,194
Arbitrum$7,323
Base$2,329
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$5.48m
$ALCX Price$2.17
Fully Diluted Valuation$6.94m
$ALCX Volume 24h$87,004
CEX Volume$113,142
DEX Volume$11,997(13.79% of total)
Staked$1.09m(19.93% of mcap)
Treasury$2.04m
Majors$179,775
Stablecoins$1.26m
Own Tokens$377,119
Others$225,145
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 APY5.56%
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
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 Oct 25, 2026.
All-time high TVL: $889.51m on Dec 2, 2021. All-time low TVL: $79,288 on Apr 4, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $40.69m |
| Sep 27, 2026 | $40.82m |
| Sep 28, 2026 | $40.6m |
| Sep 29, 2026 | $41.02m |
| Sep 30, 2026 | $41.07m |
| Oct 1, 2026 | $41.2m |
| Oct 2, 2026 | $41.41m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $65.46m |
| 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 25, 2026 (latest) | $39.01m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $133,997 | $13,398 | $0 |
| 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 (to date) | $126,306 | $41,502 | $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 Oct 25, 2026, Alchemix has $38.96m in total value locked. TVL has decreased 4.4% 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 84.4%.
How much has Alchemix generated in fees and revenue?
Over the past 30 days, Alchemix generated $155,906 in fees. Of that, $48,651 was protocol revenue. Based on the trailing year, the annualized rate is $1.7m in fees and $409,556 in revenue.
What is the ALCX token price and valuation?
ALCX is currently trading at $2.17. Its circulating market capitalization is $5.48m, ranking it #1,899. Its fully diluted valuation is $6.94m. Supply currently stands at 2.53m circulating, 3.21m total supply.
How has ALCX performed recently?
ALCX is down 1.9% over the past 7 days and down 23.9% 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 $70.91m across 35 protocols, and Alchemix accounts for 54.9% 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 5.6%.
Does Alchemix have a treasury?
Alchemix has a tracked treasury currently valued at $2.04m. Its holdings include $1.26m in stablecoins, $179,775 in major assets, $377,119 in its own tokens, $225,145 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.

