Alchemix
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Empowering you with Self-Repaying, interest-free, and non-liquidating loans
Fluid added as USDC yield source for Alchemix MYT
Alchemix added Fluid as a yield source for MYT on Ethereum Mainnet. Developed by the Instadapp team, Fluid contributes a highly efficient USDC lending market to the mixUSD allocation.
- Expands the mixUSD allocation's yield sources within the Alchemix Ecosystem Vault.
Alchemix adds EtherFi liquid restaking reward to MYT
Alchemix integrated EtherFi, the largest liquid restaking protocol, to add weETH rewards to the MYT (Ecosystem Vault) yield stack on Ethereum Mainnet.
- Adds liquid restaking yield as a new component of the MYT yield sources.
Alchemix Ecosystem Vault launches on Jumper Earn
Alchemix's Ecosystem Vault (v3) is now accessible through Jumper Earn, letting users deposit into the vault directly from Jumper. ETH deposits earn across Alchemix v3 yield sources, powered by Lagoon Finance.
- Part of a series of DeFi integrations Alchemix is rolling out for v3.
Alchemix v3 unveiled
Alchemix announced v3, introducing the Transmuter's fixed-duration redemptions (for alAsset peg stability), up to 90% LTV borrowing, and a DAO-managed Mix-Yield Token (MYT) built on Morpho V2.
Curve exploit attacker returns part of the stolen funds
The attacker began returning stolen assets to the affected protocols, ultimately returning approximately $8.9 million (roughly 15% of the total taken), rather than being prompted by apprehension.
Curve Finance reentrancy exploit drains ~$13.6M from Alchemix
An exploit of Vyper compiler reentrancy bugs hit multiple Curve pools; Alchemix was among the affected protocols, losing roughly $13.6 million.
Alchemix v2 opens to the public
After an R&D, audit, and testing period, v2 was opened to the public, adding multiple collateral types (USDC, USDT) for alUSD and new al-assets such as alETH and alBTC.
Alchemix suffers a 'reverse rug'/'free money' bug that forgave loans prematurely
A bug on the newly launched alETH vault let borrowers withdraw their ETH collateral without repaying their alETH loans, releasing roughly 2,000 ETH (about $4.8M) prematurely — so-called 'free money.' The team ran a recovery campaign (NFT/ALCX rewards) that returned a large share of the funds.
Alchemix launches on Ethereum mainnet with self-repaying loans, and ALCX token generation
The protocol went live on Ethereum mainnet with the alUSD vault (DAI collateral earning yield via Yearn), pioneering 'self-repaying loans,' and held the ALCX token generation event the same month. ALCX launched without presales or external funding.