
Alchemix
FreeDecentralized Synthetics
Alchemix lets users deposit crypto as collateral to borrow assets with self-paying loans.

Decentralized Synthetics
Alchemix lets users deposit crypto as collateral to borrow assets with self-paying loans.
Alchemix is a DeFi protocol that enables self-paying loans through yield-bearing vaults.
Users lock up popular cryptocurrencies such as ETH, DAI, or USDT as collateral, then borrow assets against that collateral at a 50% loan-to-value ratio.
The vaults generate yield that automatically pays down the loan, allowing borrowers to fund positions without manual repayments.
This design lets users maintain exposure to their collateral while the debt is gradually cleared.
The platform operates on Ethereum, Arbitrum, Optimism, and Fantom.
Not on the verified trust list · Some contract source is unverified
Score
50/100
Earning well onchain usually means several positions across several protocols and constant rate-checking. What automating that away costs and returns.
The Transmuter converts discounted synthetic assets back to par, holding the peg and producing a fixed yield for whoever supplies it.
Synthetic assets have been the backbone of the idea since launch. What worked, what did not, and what the redesign changes.
Contract 020xdcff...6656 | Unverified | 0x3d00...ffed | 2018-08-20 04:37 UTC |
Contract 030x70ab...8a54 | Verified | 0x3d00...ffed | 2018-09-25 03:14 UTC |
Contract 040x0908...b303 | Unverified | 0x3d00...ffed | 2018-09-14 10:47 UTC |
Decentralized Exchanges • Arbitrum
Decentralized Exchanges • OP Mainnet
Decentralized Exchanges • Arbitrum