
The Alchemix Treasure Hunt has officially concluded with four winners claiming prizes.
Winners:
- Three participants found physical envelopes hidden around Denver, Colorado: @smashleybelle, @jason_mart99993, and @alej14and14ro
- One winner (@nextblock_eth) won through an online draw
The treasure hunt involved physical locations in Denver marked by specific GPS coordinates and What3Words addresses. Winners who haven't submitted their wallet addresses are being asked to DM the Alchemix team.
This community engagement event combined real-world scavenger hunting with digital rewards.
The Alchemix Treasure Hunt is underway. Coordinates/what 3 words for the envelopes hidden in Denver, CO. 1pp. 1. 39°45'20.0"N 104°59'43.7"W ///doing.minute.bought 2. 39°46'15.4"N 104°58'50.0"W ///park.epic.scrap 3. 39°46'44.2"N 104°58'11.6"W ///worth.gifted.tape Drop info 👇
Free alETH. 3 Envelopes. Denver, CO. To celebrate the upcoming launch of Alchemix v3, we're hiding 3 physical envelopes around the city, each unlocking 1 alETH. Not attending @EthereumDenver? One alETH also goes to a random person who interacts with this post. Details 👇
The Alchemix Treasure Hunt has concluded 🔎 Congratulations to @smashleybelle, @jason_mart99993, @alej14and14ro for finding the envelopes around Denver, and to @nextblock_eth for winning the online draw. If the winners haven't already done so, please DM us your wallet address.
Free alETH. 3 Envelopes. Denver, CO. To celebrate the upcoming launch of Alchemix v3, we're hiding 3 physical envelopes around the city, each unlocking 1 alETH. Not attending @EthereumDenver? One alETH also goes to a random person who interacts with this post. Details 👇
Smol v3 Audit Progress Update
**Audit Milestone Reached** Smol v3 development continues with key security progress: - yAudit DAO system-wide audit began last week - All additional testing completed - Further updates coming soon This follows the previously announced Immunefi audit scheduled for October 6th. The protocol offers self-repaying, interest-free, and non-liquidating loans.
Alchemix v3 Migration: Auto-Transfer or Opt-Out by Feb 6th
Alchemix is migrating user funds from v2 to v3 contracts starting **February 6th, 2026**. The protocol will be offline for approximately one week during this transition. **Two options for users:** - **Automatic migration**: Leave funds in v2 and let the protocol handle the transfer. Treasury covers slippage over 0.25%, plus users earn Mana (share of 10k ALCX) - **Manual opt-out**: Withdraw funds before Feb 6th and redeposit after v3 launches During migration, the team will snapshot all accounts, secure funds in a migration multisig, and recreate positions in v3 contracts.
DeFi Security Experts Discuss Building Real Financial Systems in Upcoming X Spaces

**Security experts to examine DeFi's potential** as a legitimate financial system in upcoming discussion. - @Ov3rKoalafied and Mitchell Amador from @immunefi will host X Spaces session - **Focus on history, security, and future** of decentralized finance - Discussion coincides with completion of v3 audit contest reports **Event Details:** - Date: December 16th - Time: 2PM UTC - Platform: X Spaces The conversation aims to address whether DeFi can evolve beyond experimental protocols into robust financial infrastructure. Security remains a critical factor in mainstream adoption. [Set reminder here](https://x.com/i/spaces/1DXxyWakAjYGM?s=20)
Alchemix Reports 12.9% Deposit Growth to $45M in Q2 2025

**Alchemix delivered solid Q2 2025 results** with global deposits reaching over $45 million, marking 12.9% quarterly growth. **Key achievements include:** - Secured 100,000 OP token grant for user incentives - Enhanced security through partnerships with Cantina & SEAL - Launched Holyheld Debit Card beta program - Maintained growth momentum ahead of v3 launch The DeFi protocol continues building despite market volatility, following Q1's resilient performance during ETH's 45% decline. [Read the summary](https://alchemixfi.medium.com/alchemix-q2-2025-report-summary-d31ec98cc4a9) | [Full report](https://docs.alchemix.fi/resources/audits-and-reports/financial-reports)