Alchemix Finance is a DAO providing advances on yield farming via a synthetic token representing collateral claims.
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Alchemix Finance is a community-governed DAO that offers future-yield-backed synthetic assets. It allows users to receive upfront value from yield farming strategies through a synthetic token, which represents a claim on deposited collateral within the Alchemix protocol. The DAO aims to fund projects that contribute to the growth of the Alchemix ecosystem and the broader Ethereum community.
As of now, Alchemix is trading at 7.468 USD, with a 24-hour trading volume of approximately 131.36K USD. The ALCX to USD price is updated in real time. Over the past 24 hours, Alchemix has increased by 1.51%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 18.12M USD. Currently, there are 2 426 664.640378 ALCX in circulation out of a maximum supply of 2 550 353.532948 ALCX.
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