# Alchemix

**Canonical:** https://apis.io/providers/alchemix/  
**Website:** https://alchemix.fi/  
**APIs profiled:** 5

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.

## Kin Score — 17.9 / 100 (emerging)

Scored 2026-08-21 under rubric 0.12.0. Trend: flat (+0.0 from 17.9).

| Facet | Score |
|---|---|
| Discoverability | 81.5 |
| Contract Quality | 38.9 |
| Governance | 0.0 |
| Contract Governance | 0.0 |
| Operational Transparency | 0.0 |
| Developer Ergonomics | 0.0 |
| Commercial Clarity | 0.0 |
| Access Clarity | 0.0 |

## Agent readiness — 15.4 (agent-aware)

| Dimension | Value |
|---|---|
| Spec Presence | yes |
| Agentic Access | no |
| Reversibility Documented | no |
| MCP Server | no |
| Auth Clarity | no |
| Idempotency | no |
| Error Semantics | no |
| OpenAPI Examples | no |
| Rate Limit Signal | no |
| Event Surface Described | no |
| Agent Skills | no |
| Well Known Catalog | no |
| Consent Identity | no |
| Agent Card | no |
| Dry Run Mode | no |

## Access

Unknown — onboarding: unknown, pricing: unknown, trial: no (confidence: low).

## APIs (5)

- **Alchemix Smart Contract API** — 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 de...
- **Alchemix Subgraph API** — 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...
- **Alchemix Protocol Analytics API (DeFiLlama)** — 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 i...
- **Alchemix Token Price API (CoinGecko)** — CoinGecko provides real-time and historical price data for all Alchemix protocol tokens including ALCX (governance token), alUSD (synthetic USD stablecoin), and alETH (synthetic...
- **Alchemix Yield Snapshot Storage API (Pinata/IPFS)** — 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 ...

## Security (1)

- **Alchemix Domain Security** — TLSv1.3 · HSTS · DNSSEC · DMARC

## Tags

DeFi, Self-Repaying Loans, Synthetic Assets, Yield, Ethereum, Blockchain, Lending, alUSD, alETH, ALCX

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Profiled by [API Evangelist](https://apievangelist.com) and published on [APIs.io](https://apis.io/providers/alchemix/). Scores are computed from the provider's own public artifacts under a published rubric.