DropsTab logo - blue line depicting the shape of a water drop with Christmas decoration
M. Cap: $3.34 T -3.57%24h Vol: $209.18 B -44.33%BTC: $96,680.00 -1.97%ETH: $3,343.80 -4.99%S&P 500: $5,934.95 0.00%Gold: $2,623.17 0.00%BTC Dominance: 57.19%
  • #364

Alchemix USD ALUSD

ALUSD Price

$0.9922-0.36%
Price Range--
--

Market Cap 

$167.08 MRank #364

FDV 

$167.08 MRank #546

Investors

X Followers

X Performance

1557EliteRank by X #443
  • 0
  • 100
  • 500
  • 1000
  • 1500
Data from TweetScout 
OverviewExchangesFundraisingVesting
Activities

Detailed Performance

SentimentNeutral

ALUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
ALUSD/USD
-0.11%-0.36%-0.38%0.25%0.45%-0.57%
ALUSD/BTC
-0.29%1.64%5.25%2.65%-34.50%-54.31%
ALUSD/ETH
-0.40%4.88%16.12%1.10%-22.17%-31.66%
ALUSD/DeFi
-1.18%8.41%16.79%-17.75%-36.48%-21.73%
ALUSD/Stablecoin
-0.01%-0.46%-0.58%-7.51%-14.54%-33.37%

ALUSD to USD Converter

ALUSD

Price History

All-Time High
$620.42
625.30x to ATH
All-Time Low
$0.06024
16.47x to ATL
Trade Launch Date
19 Mar, 2021
1373 days ago

About ALUSD

Alchemix USD (alUSD) is a stablecoin created by Alchemix Finance. It is a synthetic asset that is designed to maintain a 1:1 peg with the US dollar. Alchemix USD is generated by depositing collateral into the Alchemix protocol and minting alUSD tokens against it. These tokens can then be used for various purposes within the Alchemix ecosystem, such as borrowing against them or providing liquidity in decentralized exchanges. The value of alUSD is backed by the underlying collateral and the future yield generated by it.

What makes Alchemix USD unique?

Alchemix USD (alUSD) is a synthetic stablecoin created by Alchemix Finance. What makes alUSD unique is that it is backed by future-yield generated from collateral assets in the Alchemix protocol. This means that users can mint alUSD by depositing collateral assets, and they can then use alUSD for various purposes such as trading, lending, or providing liquidity.
Unlike traditional stablecoins that are typically backed by fiat currency or centralized assets, alUSD is backed by the yield generated by assets in the Alchemix protocol. This allows users to access the value of their future yield in the present, giving them a way to leverage their assets and access liquidity without selling them.
Furthermore, Alchemix Finance is working on integrating Chainlink Price Feeds, which will add additional stability and reliability to alUSD. This integration will enable users to have a transparent and accurate price feed for alUSD, making it more robust and trustworthy.
Overall, the unique combination of being backed by future-yield and the integration of Chainlink Price Feeds sets alUSD apart from other cryptocurrencies, providing users with a stable and innovative synthetic asset solution.

Live Alchemix USD Price Data

The current price of Alchemix USD (ALUSD) is approximately $0.9922, reflecting a decrease of -0.36% in the last 24 hours. The ALUSD trading volume in the last 24 hours stands at $337,117.00. Alchemix USD's market cap is currently $167.08 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of ALUSD is 168.39 million.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Alchemix USD's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on ALUSD, check out our crypto insights page.

Official Links

Trending Assets

Nothing in Trending Today