Alchemix Overview

Decentralized Finance
What is Alchemix?

A synthetic asset protocol that facilitates self-paying loans. Users can deposit popular cryptocurrencies like ETH, DAI, and USDT as collateral into yield-bearing vaults. After depositing collateral users can borrow assets against their collateral at an LTV ratio of 50%, while yield-bearing vaults work to automatically pay off the loan. The Alchemix platform is currently launched on the Ethereum, Arbitrum, Optimism, and Fantom networks.

Main Features
Risk-free borrowing: By borrowing a synthetic version of the asset you deposit, you can avoid the risk of liquidation.
Automated loan repayment: Alchemix earns yield on your collateral to automatically pay off your loan.
Multi-functional account: Alchemix serves as a one-stop solution for all your financial needs.
Wide range of tokens: Alchemix supports a variety of collateral types, allowing users to leverage more of their wealth.
Flexible and accessible: Alchemix does not lock your deposit or charge fees, and your funds are accessible 100% of the time.

Frequently asked questions

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