Details about Alchemix USD cryptocurrency
€154,621,661 ( -0.20728%)
€467,416
167,101,410
167,101,410
1
Unknown
https://alchemix.fi/
@AlchemixFi
7608x
€7039.62
Alchemix USD price charts
ALUSD exchanges
Alchemix USD, the crypto
Alchemix USD (ALUSD) is a decentralized synthetic stablecoin that was launched on the Ethereum blockchain. It is designed to offer users a self-paying loan system where collateral is deposited, and automatically earns interest. The platform is powered by smart contracts, which allow users to deploy various financial strategies and create new tokens that can be used to earn interest, fees, or other benefits.
The point
The main objective of Alchemix USD (ALUSD) is to offer users a self-paying loan system that allows them to earn interest through smart contract-based deposits. The platform aims to create a stablecoin that is sustainable, flexible, and scalable, making it one of the most innovative and user-friendly platforms in the cryptocurrency ecosystem.
The problem
Alchemix USD (ALUSD) aims to solve the problem of providing a sustainable and scalable decentralized stablecoin that is backed by smart contract-based deposits. The platform is designed to take advantage of the benefits of blockchain technology by providing users with a self-paying loan system that allows them to earn interest while having complete control over their funds.
Compare ALUSD and BTC performance
| Timeframe | ALUSD | BTC |
|---|---|---|
| 1h change | 0.0240061 % | 0.272848 % |
| 24h change | -0.09 % | 2.93623 % |
| 7 day change | 1.49 % | -5.15544 % |
| 14 day change | 1.23 % | -3.87916 % |
| 30 day change | 3.21 % | -1.52039 % |
| 200 day change | -2.46 % | 127.769 % |
| Year change | 1.6 % | 127.898 % |