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'