Alchemix

name: Alchemix
description: Alchemix is a self-repaying DeFi protocol that allows users to take out interest-free, non-liquidating loans
  against yield-bearing collateral. Users deposit assets such as ETH, DAI, USDC, or USDT into yield-bearing vaults, and the
  generated yield automatically repays the loan over time. The protocol issues synthetic alAssets (alUSD, alETH) representing
  future yield, and provides a Transmuter mechanism to stabilize alAsset prices by gradually exchanging alAssets for underlying
  collateral. Alchemix operates on Ethereum Mainnet, Optimism, and Arbitrum, with V3 in active development targeting 90% LTV
  and Meta-Yield Tokens.
image: https://alchemix.fi/favicon.ico
tags:
- DeFi
- Self-Repaying Loans
- Synthetic Assets
- Yield
- Ethereum
- Blockchain
- Lending
- alUSD
- alETH
- ALCX
url: https://alchemix.fi/
apis:
- name: Alchemix Smart Contract API
  description: The primary developer interface for Alchemix is its on-chain smart contracts deployed on Ethereum Mainnet,
    Optimism, and Arbitrum. Core contracts include the Alchemist (vault deposits, borrowing, repayment, liquidation, and harvesting),
    the Transmuter (alAsset-to-underlying exchange), and the TransmuterBuffer (flow rate control between Alchemist and Transmuter).
    Developers interact with these contracts via standard EVM JSON-RPC using libraries such as ethers.js or viem.
  image: https://alchemix.fi/favicon.ico
  humanURL: https://docs.alchemix.fi
  baseURL: https://ethereum.drpc.org
  tags:
  - Smart Contracts
  - EVM
  - Ethereum
  - Optimism
  - Arbitrum
  - Alchemist
  - Transmuter
  - Vault
  properties:
  - type: Documentation
    url: https://docs.alchemix.fi
  - type: GitHubOrganization
    url: https://github.com/alchemix-finance
  - type: ContractDeployments
    url: https://github.com/alchemix-finance/deployments
  - type: SourceCode
    url: https://github.com/alchemix-finance/v2-foundry
  - url: graphql/alchemix-graphql.md
    type: GraphQL
  contact:
  - FN: Alchemix Finance
    email: admin@alchemix.fi
- name: Alchemix Subgraph API
  description: Alchemix uses The Graph protocol to index on-chain events and expose yield data, harvest history, transmuter
    APR, and vault position data via GraphQL. The subgraph is queried by the official Alchemix frontend using an API key configured
    via VITE_SUBGRAPH_API_KEY. Developers can query the subgraph through The Graph's decentralized network gateway to access
    alAsset positions, transmuter state, yield strategy performance, and historical protocol analytics.
  image: https://storage.googleapis.com/subgraph-images/1649020435595thegraph.png
  humanURL: https://thegraph.com/explorer?search=alchemix
  baseURL: https://gateway.thegraph.com
  tags:
  - GraphQL
  - Subgraph
  - The Graph
  - Yield Data
  - Harvest History
  - Analytics
  properties:
  - type: Documentation
    url: https://thegraph.com/docs/en/subgraphs/querying/introduction/
  - type: Explorer
    url: https://thegraph.com/explorer?search=alchemix
  contact:
  - FN: The Graph Foundation
    url: https://thegraph.com
- name: Alchemix Protocol Analytics API (DeFiLlama)
  description: DeFiLlama provides a free, public REST API for Alchemix protocol analytics including TVL history, fee revenue,
    chain breakdowns, and token data. The protocol slug for Alchemix is "alchemix". The API returns current and historical
    TVL across Ethereum, Optimism, and Arbitrum, annualized fees, cumulative revenue, market cap, and token price data. No
    API key is required for normal usage, and the API serves billions of requests per month with no rate limits for standard
    traffic.
  image: https://defillama.com/favicon.ico
  humanURL: https://defillama.com/protocol/alchemix
  baseURL: https://api.llama.fi
  tags:
  - Analytics
  - TVL
  - Revenue
  - Fees
  - Protocol Metrics
  - DeFiLlama
  properties:
  - type: Documentation
    url: https://api-docs.defillama.com/
  - type: ProtocolPage
    url: https://defillama.com/protocol/alchemix
  contact:
  - FN: DeFiLlama
    url: https://defillama.com
- name: Alchemix Token Price API (CoinGecko)
  description: CoinGecko provides real-time and historical price data for all Alchemix protocol tokens including ALCX (governance
    token), alUSD (synthetic USD stablecoin), and alETH (synthetic ETH). Prices are aggregated across multiple exchanges using
    global volume-weighted averages. The CoinGecko API supports ALCX at coin ID "alchemix", alUSD at "alchemix-usd", and alETH
    at "alchemix-eth". A free-tier API is available with rate limits; a Pro API key removes limits.
  image: https://static.coingecko.com/s/coingecko-logo-8903d34ce19ca4be1c81f0db30e924154750d2fad96cca0f27e7c60bcc3a3ead.png
  humanURL: https://www.coingecko.com/en/coins/alchemix
  baseURL: https://api.coingecko.com
  tags:
  - Price
  - Market Data
  - ALCX
  - alUSD
  - alETH
  - CoinGecko
  properties:
  - type: Documentation
    url: https://www.coingecko.com/api/documentation
  - type: TokenPage
    url: https://www.coingecko.com/en/coins/alchemix
  - type: AlUSDPage
    url: https://www.coingecko.com/en/coins/alchemix-usd
  - type: AlETHPage
    url: https://www.coingecko.com/en/coins/alchemix-eth
  contact:
  - FN: CoinGecko
    url: https://www.coingecko.com
- name: Alchemix Yield Snapshot Storage API (Pinata/IPFS)
  description: Alchemix stores yield historic snapshots and transmuter APR data on IPFS via Pinata. The Alchemix frontend
    retrieves this data using the VITE_PINATA_KEY environment variable to access pinned JSON files containing yield strategy
    performance history and transmuter timing estimates. Developers can access the same IPFS-stored data through public IPFS
    gateways or the Pinata API for building applications that display historical yield data or estimate transmuter completion
    times.
  image: https://www.pinata.cloud/favicon.ico
  humanURL: https://www.pinata.cloud
  baseURL: https://api.pinata.cloud
  tags:
  - IPFS
  - Pinata
  - Yield History
  - Transmuter APR
  - Decentralized Storage
  properties:
  - type: Documentation
    url: https://docs.pinata.cloud
  - type: GatewayURL
    url: https://gateway.pinata.cloud
  contact:
  - FN: Pinata
    url: https://www.pinata.cloud
maintainers:
- FN: Alchemix Finance
  email: admin@alchemix.fi
  url: https://alchemix.fi
  X-twitter: https://twitter.com/AlchemixFi
  X-discord: https://discord.gg/alchemix
  X-github: https://github.com/alchemix-finance
  X-medium: https://alchemixfi.medium.com
  X-governance: https://forum.alchemix.fi
modified: '2026-06-14'
specificationVersion: '0.19'