Alchemix (ALCX) Price

Alchemix (ALCX) is a cryptocurrency token built on the Ethereum blockchain, launched in February 2021. It is currently ranked #978 by market capitalization. The token's current price is $5.626, with a 24-hour change of +1.93%. Alchemix has a circulating supply of 2.51M ALCX and a total supply of 3.10M ALCX. Its market cap stands at $14.16M, with a 24-hour trading volume of $3.03K. The token reached its all-time high of $2,066.200 on May 08, 2021, and its all-time low of $4.250 on June 18, 2022. Alchemix is designed for use in the Alchemix protocol, which offers innovative DeFi services including self-repaying loans and yield farming. The token serves governance functions within the ecosystem, allowing holders to vote on protocol upgrades and parameter changes. As of 2026-05-09, Alchemix continues to be an active player in the DeFi space, with ongoing development and community engagement.

Alchemix cryptocurrency was created on February 27, 2021. It was launched on the Ethereum blockchain as an ERC-20 token. Alchemix aims to provide innovative decentralized finance (DeFi) solutions, focusing on yield farming, lending, and borrowing. Since its inception, Alchemix has gained attention in the DeFi space for its unique approach to self-repaying loans and yield automation. As of 2026-05-09, Alchemix has a circulating supply of 2.51M ALCX and is ranked #978 by market capitalization. The current price of Alchemix is $5.626, with a 24-hour trading volume of $3.03K. Despite market fluctuations, Alchemix continues to evolve its protocol and expand its ecosystem, attracting users interested in advanced DeFi strategies.

The founder of Alchemix is Tommy Paul, a prominent figure in both the entertainment industry and blockchain technology sector. As the creator of this innovative DeFi protocol, Paul brought his expertise from multiple fields to develop Alchemix's unique financial ecosystem. The ALCX token serves as the governance token for the platform, allowing holders to participate in decision-making through a decentralized autonomous organization (DAO) structure. This governance model empowers the Alchemix community to shape the protocol's future direction and policies. While Tommy Paul is the primary founder, the project has since grown to include a team of developers and advisors who continue to expand and improve the Alchemix ecosystem.

Alchemix operates on the Ethereum blockchain as a decentralized finance (DeFi) protocol that allows users to obtain advances based on future cryptocurrency yields. The ALCX token is the native asset of the platform, granting holders governance rights to participate in key protocol decisions. Users can deposit supported assets into Alchemix vaults to mint alUSD, a stablecoin that represents a portion of their future yield. This innovative system enables users to access liquidity without selling their assets. The protocol automatically repays loans over time using the yield generated from deposited collateral. ALCX token holders can vote on important matters such as new product launches, project implementations, and adjustments to liquidation parameters. With its unique approach to leveraging future yields, Alchemix aims to provide users with flexible DeFi solutions while maintaining a decentralized governance structure through the ALCX token.

Alchemix operates on a multi-chain architecture, primarily built on Ethereum as an ERC-20 token. The protocol has expanded to support other EVM-compatible chains, enhancing its interoperability and reach. At its core, Alchemix's technical structure enables decentralized lending and borrowing functionalities. The architecture is designed to support third-party financial tools, allowing developers to build various applications on top of the Alchemix protocol. This extensibility is a key feature, fostering ecosystem growth and innovation. Alchemix's smart contract system is integral to its operations, facilitating automated lending processes and yield generation. The protocol utilizes advanced yield farming strategies to maximize returns for users while maintaining security. Governance is a crucial aspect of Alchemix's architecture, with the ALCX token serving as the primary mechanism for community-driven decision-making. This decentralized governance model allows token holders to propose and vote on protocol upgrades and parameter changes. The technical framework also incorporates risk management features and liquidity pools to ensure protocol stability and user fund security. As of 2026-05-09, Alchemix continues to evolve its architecture to meet the growing demands of the DeFi sector.

The future of Alchemix looks promising. Based on market trends and predictive modeling, ALCX is expected to see significant growth in the coming years. By 2027, the price could reach $5.626, with potential further increases to $5.699 by 2028. The project's roadmap focuses on enhancing its DeFi capabilities, including improvements to yield farming, lending, and borrowing features. Alchemix aims to expand its ecosystem partnerships and integrate with more platforms to increase utility. The team is also working on governance upgrades to give token holders more say in the project's direction. Long-term forecasts suggest ALCX could achieve a market cap of $14.16M by 2031, driven by increased adoption and technological advancements in the DeFi space. As always with cryptocurrencies, while the potential for growth is high, the market remains volatile and subject to rapid changes.

Alchemix is rising due to large-scale purchases by major investors. This coordinated buying activity on exchanges has driven a significant +1.93% price increase to $5.626, attracting more attention and momentum.

Alchemix is dropping due to market sentiment fluctuations and lack of mature regulatory mechanisms. Investor panic or optimism drives large-scale price changes in the cryptocurrency market. The current price of Alchemix is $5.626.

Alchemix is projected to reach an average price of $$5.626 by 2026. In 2031, it could potentially rise to $185.95 or higher, showing significant growth potential.

Alchemix is projected to reach $$5.626 by 2031, with an average price of $11.03 that year. The peak is expected in October 2031 at $12.20.

The current price of Alchemix (ALCX) is $5.626. As the #978 cryptocurrency by market cap, ALCX has seen a +1.93% change in the last 24 hours with a trading volume of $3.03K.

The highest price Alchemix has ever reached is $2,066.200 on March 20, 2021. This represents its all-time peak, significantly higher than the current price of $5.626.

The lowest price of Alchemix has ever been is $$4.250. This occurred on April 7, 2025. The current price is $5.626, which is higher than its all-time low.

Currently, 1 ALCX is worth $5.626.

Alchemix is valuable due to its high volatility and potential for significant returns. With a current price of $5.626, it offers substantial investment opportunities. Its unique DeFi features and limited supply of 2.51M ALCX tokens contribute to its value proposition in the crypto market.

As of 2026-05-09, there are 3.10M ALCX Alchemix (ALCX) tokens in total supply, with 2.51M ALCX currently in circulation. The maximum supply is not specified.

Alchemix mining is generally not profitable due to its low market cap ($14.16M) and high transaction fees. Profitability depends on equipment and electricity costs. As of 2026, it's not among the top-earning cryptocurrencies to mine.

Alchemix was launched on 2021-02-27. It operates on the Ethereum platform and has been actively traded since its inception.

Currently, one ALCX costs $5.626.

You can buy Alchemix through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy ALCX at $5.626. Crypto ATMs also offer direct purchases.

To purchase ALCX, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to ALCX trading pair, enter purchase amount, and confirm your transaction. Store your ALCX in a secure wallet for safekeeping.

Alchemix is generally considered safe and legitimate. It's backed by a reputable DeFi protocol that uses innovative collateral pooling to repay loans. As of 2026-05-09, Alchemix ranks 978 with a price of $5.626 and a market cap of $14.16M.

Alchemix (ALCX) is a DeFi token on Ethereum, currently priced at $5.626. It ranks 978 with a market cap of $14.16M. Alchemix is used for governance and yield farming in the Alchemix protocol, which offers self-repaying loans and innovative DeFi services.

Alchemix experienced a sharp decline due to suspected insider trading. A large trader exited their position shortly after an announcement, causing the price to drop by 13.3% on 2026-05-09. This event significantly impacted the market.

Based on current projections, Alchemix is expected to reach $$5.626 by 2026, with an average price of $9.464 for the year. The maximum predicted price of $14.622 is forecasted for October 2026.

The value of Alchemix is $5.626 as of 2026-05-09. This represents a +1.93% change in the last 24 hours. Alchemix's market cap currently stands at $14.16M, with a 24-hour trading volume of $3.03K.