Coins: 10053 Exchanges: 942 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
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Alchemix price

Alchemix Price (ALCX)

$24.18

2.19%
Rank #550

Alchemix Price Chart (ALCX/USD)

Last updated 08 Mar 2023, 10:23AM UTC. Currency in USD.

Markets
# Exchange Pair Price Spread Volume(24h) Trust
1 Binance ALCX / USDT $14.30 0.70% $787,532
2 Binance ALCX / BUSD $14.21 0.70% $617,780
3 Coinbase Exchange ALCX / USD $20.27 0.39% $110,180
4 FTX ALCX / USD $24.34 0.24% $108,819
5 XT.COM ALCX / USDT $17.90 2.19% $82,516
6 Bitrue ALCX / USDT $12.88 0.08% $67,851
7 Binance ALCX / BTC $14.29 0.35% $56,707
8 OKX ALCX / USDT $21.63 0.46% $30,757
9 BingX ALCX / USDT $14.00 0.57% $26,855
10 LATOKEN ALCX / USDT $12.86 0.58% $25,421
11 Bilaxy ALCX / ETH $23.85 1.49% $22,537
12 AEX ALCX / USDT $67.98 0.01% $22,124
13 Coinbase Exchange ALCX / EUR $14.18 0.67% $10,419
14 TokoCrypto ALCX / BUSD $21.14 0.24% $9,421
15 TokoCrypto ALCX / USDT $21.10 0.19% $9,047
16 Coinbase Exchange ALCX / USDT $14.18 0.91% $7,333
17 LATOKEN ALCX / BTC $13.90 0.71% $5,055
18 Nominex ALCX / BUSD $16.31 0.43% $3,660
19 Kraken ALCX / USD $14.45 0.48% $2,361
20 CoinEx ALCX / USDT $12.74 1.01% $2,204
21 Crypto.com Exchange ALCX / USD $15.65 0.61% $1,455
22 Nominex ALCX / USDT $14.99 0.40% $1,405
23 Nominex ALCX / BTC $20.28 0.59% $746
24 TokoCrypto ALCX / BTC $21.96 0.42% $704
25 Kraken ALCX / EUR $13.91 1.73% $386
26 Pionex ALCX / USDT $14.48 0.69% $8,573
27 Mercado Bitcoin ALCX / BRL $18.12 1.38% $1,678
28 BKEX ALCX / USDT $23.20 5.85% $875
29 HitBTC ALCX / BTC $20.56 0.86% $9
30 HitBTC ALCX / USDT $20.42 0.78% $9
31 ZB ALCX / USDT $36.06 55.79% $152,447
32 AAX ALCX / USDT $17.47 0.58% $2,879
33 Gemini ALCX / USD $12.65 5.66% $1,610
34 FMFW.io ALCX / USDT $11.00 27.25% $0
35 FMFW.io ALCX / BTC $10.62 0.57% $0

ALCX Price Statistics

$24
24H Range
$26
  • Alchemix Price Now $24
  • 24h Low / 24h High $24 / $26
  • Trading Volume $17,483,369
  • Market Cap Rank #499
  • Market Cap $41,284,531
  • Volume / Market Cap 0.4235
  • All-Time High $2,066 -98.83%
    Mar 20, 2021
  • All-Time Low $13 79.75%
    Dec 30, 2022
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Alchemix: Revolutionizing the Cryptocurrency World

Introduction

Cryptocurrency has become a buzzword in the financial world, with numerous digital currencies flooding the market. One such cryptocurrency that is making waves is Alchemix. Alchemix is an innovative project that aims to revolutionize the way we think about and use cryptocurrency. Its unique features and promising potential make it a standout investment opportunity in the crypto space.

A Brief Overview of Alchemix

Alchemix is an Ethereum-based decentralized finance (DeFi) platform. It was created with the aim of providing users with a blend of traditional finance and decentralized banking services. The platform's main offering is its synthetic tokens, commonly referred to as AlUSD. These tokens are pegged to the value of future yield generated by users' deposits.

How Alchemix Works

Alchemix operates through a process known as transmutation, where users can lock their assets in the platform and receive AlUSD in return. These AlUSD tokens represent a share of the future yield of the deposited assets. Users can then utilize AlUSD for various purposes, such as trading, borrowing, or providing liquidity in other decentralized platforms.

One of the unique aspects of Alchemix is that users can obtain a loan against their deposited assets without paying any collateral back. The loan can be repaid using future yield generated by the assets, eliminating the need for users to provide upfront collateral. This creates a novel opportunity for users to access liquidity while retaining their long-term investment potential.

The Benefits of Alchemix

There are several distinct advantages of using Alchemix. Firstly, the ability to obtain loans without collateral allows users to leverage their assets effectively. This feature boosts liquidity in the DeFi space and provides an avenue for users to access financing without sacrificing their long-term investment strategies.

Additionally, Alchemix's synthetic tokens enable users to generate yield by simply depositing their assets. The platform automatically compounds the yield, providing users with an attractive passive income stream. This feature eliminates the need for active trading or complicated staking mechanisms, making Alchemix a user-friendly investment option.

The Future of Alchemix

As Alchemix gains more recognition and attracts a larger user base, its potential for growth becomes even more promising. The platform is continuously improving its offerings and exploring new opportunities to enhance user experience. With its innovative approach and solid development team, Alchemix is well-positioned to become a leading player in the DeFi landscape.

Conclusion

Alchemix is a groundbreaking cryptocurrency that brings together the best of traditional finance and decentralized banking. Through its unique transmutation process and synthetic tokens, Alchemix offers users the chance to unlock liquidity without compromising on their long-term investment potential. With its user-friendly features and immense growth potential, Alchemix is undoubtedly a cryptocurrency to keep an eye on in the evolving world of decentralized finance.