Synthetics
Alchemix V3
Total TVL
$34.06M
Active pools
8
Chains supported
3
Official site: https://alchemix.fi/ ↗
Overview
Alchemix V3 is a synthetics protocol that generates synthetic assets through overcollateralized loans, allowing users to mint tokens backed by their deposited collateral. The protocol attracts liquidity and exposure across various assets, with participants earning interest or fees based on the utilization of these pools.
The protocol holds $34.8M in TVL across three chains: Ethereum dominates at 93%, followed by Optimism at 5.8% and Arbitrum at 1%. This chain distribution highlights a significant concentration risk on Ethereum, with emerging L2s showing early adoption but minimal impact.
Audit posture is light, with one audit reference available. The protocol has an official surface area, indicating some level of governance and community engagement, though token economics data such as market cap is unavailable.
Composed 2026-05-21 from the structured data above. See methodology for the full pipeline.
TVL by chain
TVL history
Top pools
FAQ
› What is Alchemix V3?
Alchemix is a DeFi protocol that allows for the creation of synthetic tokens that represent the future yield of a deposit. It enables users to retrieve near instant tokenized value against temporary* deposits of stablecoins.
› How much TVL does Alchemix V3 have?
Alchemix V3 has $34.06M in total value locked across all supported chains as of the last refresh.
› How many active pools does Alchemix V3 have?
We currently track 8 active pools for Alchemix V3.
› Is Alchemix V3 audited?
DefiLlama lists 1 audit for Alchemix V3. Audits reduce smart-contract risk but do not eliminate it.
See our methodology for how this data is collected.