What Is Alchemix (ALCX): Everything You Need To Know About It

Last updated: 11/14/2025 17:34

Alchemix is a platform creating yield-backed synthetic tokens that users can acquire in exchange for locking collateral in the Alchemix system. In recent weak crypto market, its native token experienced a massive price jump, drawing great attention from a large number of crypto enthusiasts.

This article provides a comprehensive overview of the Alchemix (ALCX) project, including what Alchemix is, Alchemix’s work principle, the ALCX token and its tokenomics, as well as price prediction for its growth potential in the crypto market.

Table of Contents

What is Alchemix?
How Alchemix Works?
What is the ALCX Token?
ALCX Tokenomics
Alchemix (ALCX) Price Prediction
How to Buy the ALCX Token?
Conclusion
Why Choose BTCC?

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What is Alchemix?

Alchemix is a decentralized finance (DeFi) application that enables the creation of yield-backed synthetic assets. It was founded by a team of pseudonymous developers led by Scoopy Trooples. At launch, the only collateral accepted was Dai, which could be used to mint synthetic alUSD tokens with a minimum collateralization ratio of 200%. Since then, the team has created a new vault that allows users to deposit ETH and mint alETH tokens with a minimum collateralization ratio of 400%.

Alchemix enables users to access loans instantly, representing their collateral’s future yield. Over time, the interest earned on their deposit is used to automatically repay their debt. Notably, Alchemix loans are self-repaying, interest-free, and non-liquidating.

Vaults are the centerpiece of the Alchemix ecosystem and use Yearn Finance to generate yield on assets such as DAI, with support for ETH and other cryptocurrencies. Thanks to its ability to provide collateral that can generate yield, Alchemix can offer a loan that repays itself and has no risk of liquidation.

Alchemix was founded by a team of pseudonymous developers led by Scoopy Trooples. At launch, the only collateral accepted was Dai, which could be used to mint synthetic alUSD tokens with a minimum collateralization ratio of 200%. Since then, the team has created a new vault that allows users to deposit ETH and mint alETH tokens with a minimum collateralization ratio of 400%.

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How Alchemix Works?

The below diagram shows how Alchemix works. Traders/users generally:

Deposit to Earn & Borrow

Deposit collateral into their preferred yield strategy to start earning interest, and be able to take out a loan. Use they deposit to borrow and receive alAssets while thier deposit earns interest.

Swap alAsset

Swap the alAsset to any other token via a DEX or DEX Aggregator to access the value of user’s loan. alAssets can also be used directly on some DeFi protocols.

Wait, Withdraw, Borrow, Repay, or Self-Liquidate

The chosen yield strategy will earn interest on the full initial deposit. When the chosen strategy earns yield, their share of the yield is used to repay the debt automatically over time. They can manage their loan as needed, with the flexibility to withdraw principal, borrow more, repay or self-liquidate at any time.

What is the ALCX Token?

Project	Discription
Token name	Alchemix
Ticker	ALCX
Blockchain	Ethereum
Token Standard	ERC-20
Contract	Oxdbdb4d16eda451d0503b854cf79d55697f90c8df
Token use cases	Utility, Governance
Circulating Supply	699,917
Total Supply	1,414,266
Max Supply	2,393,060

The ALCX token is an ERC-20 token which serves as both a governance and an incentive token on the Alchemix platform. ALCX holders can stake ALCX to earn additional ALCX tokens. Besides, ALCX token holders can vote on treasury allocations, collateral types and protocol upgrades.

The token was launched without presales or external funding. While ALCX does not have a hard cap, it does have a carefully crafted emissions schedule (i.e. the rate at which new ALCX tokens are minted). Emissions represent the rate at which new ALCX tokens are minted.

New tokens are minted weekly (2,200 ALCX indefinitely) to incentivize liquidity providers and contributors. Over 80% of the initial supply was distributed to stakers and liquidity providers. Token emissions are distributed to liquidity providers, the treasury and contributors to the protocol.

The ALCX emissions gradually reduce issuance over three years through slow minting, continuing with a long tail of fixed weekly emissions. Alchemix is now in the long-tail period, where 2,200 ALCX are minted per week indefinitely.

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ALCX Tokenomics

With a total supply of 1,414,266 tokens, ALCX Tokenomics is carefully designed to ensure sustained growth. Its initial token distribution is set as below:

15% pre-mine for the Alchemix DAO

5% for Bug Bounties

Its initial token distribution is set as below: of tokens available through LP staking

Founders, developers, and community contributors can access an exclusive staking pool that will receive 20% of the current ALCX emissions. This equates to 16% of the supply after 3 years.
Stakers and liquidity providers are eligible to obtain 80% of the ALCX block reward, which will equate to 64% of the supply after 3 years. Currently, a portion of these emissions are sent to the treasury.

The Alchemix token release schedule is as follows:

An initial distribution of 22,344 ALCX tokens in the first week, followed by 130 ALCX tokens per week for the next three years.
After three years, a constant emission rate of 2,200 ALCX tokens per week will commence to support the ongoing need to incentivize ecosystem behaviors.

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Alchemix (ALCX) Price Prediction

As of writing the article, ALCX coin is traded at $ 9.6947, boasting a market cap of $ 23.8M, and witnessing a 24-hour trading volume of $ 1.2M. ALCX Token saw a 24-hour change of -0.91%, with minor fluctuations of -0.39% in the past hour.

The following sets forth the ALCX to USD Chart

Alchemix Price

In 2025, Alchemix price is expected to see a huge fluctuation. Based on BTCC’s technical analysis, here are the possible prices we expect for $ALCX in the next half month:

price prediction days

Date	Price Prediction	Change
11-20	$ 9.6947	0.00%
11-23	$ 8.8697	-8.51%
11-26	$ 8.7330	-9.92%
11-29	$ 8.9317	-7.87%
12-02	$ 8.8707	-8.5%
12-05	$ 8.8503	-8.71%

There is large uncertainty about the future price of $ALCX, as the cryptocurrency market changes rapidly. With this in mind, we have made both more bullish and more bearish forecasts for $ALCX based on a variety of different scenarios.

Based on BTCC’s technical analysis, here are our projected highs and lows for ALCX coin from 2026 to 2050:

price prediction years

Year	Yearly Low	Yearly Average	Yearly High
2026	$ 49.0277	$ 92.8025	$ 94.2917
2027	$ 78.1211	$ 81.4136	$ 83.3777
2028	$ 78.0717	$ 81.3740	$ 83.1687
2029	$ 137.8153	$ 208.0940	$ 245.4079
2030	$ 106.1637	$ 178.6053	$ 227.0009
2031	$ 111.2191	$ 182.6496	$ 229.5427
2035	$ 111.7962	$ 185.1313	$ 225.5280
2040	$ 167.9451	$ 243.5924	$ 288.4135
2045	$ 138.9262	$ 219.2966	$ 269.9794
2050	$ 138.5422	$ 219.0949	$ 252.1924

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How to Buy the ALCX Token?

Alchemix (ALCX) has secured listing on several leading crypto exchanges (such as Binance, MEXC, Kraken, etc., ), where interested investors can trade this promising coin.

Unfortunately, $ALCX is not available on BTCC platform at present. However, it is worth mentioning that BTCC supports trading for a large variety of popular coins, such as BTC, ETH, SOL, PEPE, DOGE, SHIB, BONK, etc. If you are interested in these popular coins, you can make a purchase on BTCC exchange with the highest security level and a most competitive fee.

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Conclusion

Alchemix reimagines borrowing in DeFi, combining self-repaying mechanics with governance-driven flexibility. Its focus on reducing liquidation risk and stabilising synthetic assets establishes it as a distinctive entity within the realm of decentralized finance. With its powerful combination of e-commerce integration, payment innovation and universal rewards, Alchemix is redefining the connection between blockchain and real life.

However, as with any cryptocurrency, the risk is significant. In any case, the crypto landscape is volatile. Investors are therefore advised to conduct thorough research and proceed with caution before making any decisions regarding Alchemix (ALCX).

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