![Alchemix logo]( "Alchemix logo")
Live ALCX Price Analysis
The current real time Alchemix price is $25.04, and its trading volume is $1,807,996 in the last 24 hours. ALCX price has plummeted by
2.28%
in the last day, and decreased by
3.14%
in the last 7 days. It’s important to note that current Alchemix market capitalization is $55,303,680, Talking about circulating supply, ALCX has 2,209,053 coins. Currently, Alchemix rank on the market is #480.
Alchemix price today is
99.77%
below
all time high, and it is
606.96%
above
all time low.
All data and prices are updated in real-time. The most active and popular exchanges for buying or selling ALCX are Binance, Kucoin & Kraken. Find more crypto exchange options on our Crypto Exchange Tracker. The most secure hardware wallets for keeping your cryptocurrency safe are Ledger and Trezor.
What is Alchemix?
The Alchemix token or ALCX is a utility token native to the Alchemix platform.
ALCX serves as a governance token. This means that token holders receive voting rights and can cast their vote in the decision-making process in Alchemix DAO.
There is no max cap of ALCX tokens. They are to be distributed as follows:
- 80% - Staking Pools;
- 15% - Alchemix DAO;
- 5% - Bug Bounty.
Just like the majority of cryptocurrencies, Alchemix can be quite volatile. Therefore, it’s important to monitor the ALCX price before making any purchase decisions. You can do so via our price graph above.
What are the Main Features of Alchemix?
Alchemix describes itself as a synthetic asset protocol.
Its core feature is self-repaying loans. To put it simply, Alchemix uses the collateral that the borrower put forward when taking out a loan to generate yield. This yield is then used to pay back the loan.
As discussed in the What is Alchemix section, the project is governed by the community via a decentralized autonomous organization - Alchemix DAO. The primary goal of this DAO is to fund the Alchemix ecosystem.
Alchemix has been audited by Runtime Verification. This audit report is publicly available for anyone to review.
Who Developed Alchemix?
The Alchemix crypto project was launched in 2021. Its founding team members have chosen to remain anonymous, introducing themselves under the alias Scoopy Trooples.
Don’t forget to check the ALCX price on the graph above before jumping into the project.
What's Alchemix trading volume in the last 24 hours?
ALCX has a trading volume of $1,807,996 in the last 24 hours.
What's Alchemix highest price ever?
ALCX has a highest price of $11,060.63, which was reached on May 11, 2021 (2 years 11 months ago).
What's Alchemix lowest price ever?
ALCX has a lowest price of $3.54, which was reached on Dec 11, 2022 (1 year 4 months ago).
What are the best exchanges for buying and selling ALCX?
What are the safest hardware wallets for keeping ALCX?
According to an in-depth review process and testing, Ledger and Trezor are one of the safest and most popular hardware wallet options for keeping Alchemix. For exclusive discounts and promotions on best crypto wallets, visit Crypto Deal Directory.
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