Alchemix Reports 112% Growth on Arbitrum in Q3 2024
Alchemix Reports 112% Growth on Arbitrum in Q3 2024
📊 112% Growth or Glitch?
Alchemix has released its Q3 2024 Financial Report covering July through October. The protocol showed significant growth across multiple chains:
- Improved pricing for alETH and alUSD tokens
- 112% expansion on Arbitrum network
- 20% growth on Optimism chain
The report demonstrates continued expansion of the self-repaying loan protocol across Layer 2 networks. Full details available in the comprehensive report and summary on Medium.
The Alchemix Q3 2024 Financial Report is now live! Covering July 1 – Oct 1 of 2024, this quarter brought a variety of positive developments across our ecosystem. Huge thanks to our dedicated team for putting these reports together! Read the highlights ⬇️
🏆 Nominated for Safe Harbor Champions
A DeFi protocol has been **nominated for the 2025 Safe Harbor Champions** by SEAL Organization in both the **Adopter and Protocol categories**. The nomination recognizes excellence in blockchain security and adoption practices. Community members can support the nomination through social media engagement. - Each like, retweet, quote tweet, and reply counts as one vote - Voting takes place directly on the announcement tweets - Winners will be determined by total engagement metrics The Safe Harbor Champions program highlights projects that prioritize user safety and security standards in the web3 space.
Immunefi V3 Audit Scheduled
**Final system-wide audit confirmed** for Immunefi's V3 platform. - **Start date**: October 6th - **Duration**: Two weeks - **Scope**: Complete system review This marks the final security assessment before V3 launch, following initial audits that began in February.
Euler V3 Enters Audit Phase
Euler's V3 protocol has officially entered the audit phase, marking a significant milestone in its development roadmap. Three respected firms will conduct comprehensive security reviews: - ChainSecurity - SpearbitDAO - OpenZeppelin This follows the successful completion of multiple audits for Euler v2 in April 2024. The audit phase represents one of the final steps before the V3 deployment. *Security remains a top priority* as Euler continues building robust DeFi infrastructure.
Beefy Finance Launches New alETH-alUSD CLM Vaults on Optimism
Beefy Finance has introduced new Concentrated Liquidity Management (CLM) vaults for alETH-alUSD pairs on Optimism. - The vaults feature auto-compounding yield functionality - Users can choose between 50/50 or single-sided positions - CLM technology optimizes utilization for enhanced yields Available now on app.beefy.com under the Optimism network selection. *Visit Beefy Finance to explore these new yield opportunities.*