Back to Organizations
Alchemix
Alchemix is a DeFi protocol offering self-repaying loans. Users can deposit collateral to mint synthetic assets (alAssets), and the yield generated from the collateral automatically pays off the loan over time, allowing for liquidation-free borrowing.
Distributed
Alchemix
Project Links
Description
Alchemix provides self-repaying loans that allow users to leverage a range of tokens without the risk of liquidation. By borrowing a synthetic version of the asset deposited, users can avoid liquidation risks. The platform earns yield on behalf of the user to pay off the loan automatically.TVL: $39M
Hack: Other ($6.5M)
Chains: