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Elysium, the high-performance Layer 2 from kinetiq_xyz, is now live on mainnet with Alchemy as its primary RPC provider. Elysium produces 100ms blocks for onchain trading, settles to the HyperEVM, and uses HYPE as its gas token, letting teams bring existing contracts over directly.
Base Denim is live on mainnet, cutting block times from 2 seconds to 200 milliseconds — five blocks per second — alongside BaseTime for millisecond precision and B20 improvements. Base announced the activation on X on November 5, and Alchemy reposted it, saying it is "seeing massive growth already" and noting that Base is its #2 most popular chain.
Alchemy says it got ready ahead of the upgrade: it deployed Denim on Base Sepolia on October 21 as soon as it was available, weeks before mainnet activation.
Alchemy released a new Multichain Transfers API, now live in beta, that returns a wallet's full transfer history across multiple networks in a single call — already merged and sorted by time. Announced on X with the tagline "Get a wallet's full transfer history on multiple networks in one call," CEO Nikil Viswanathan touted it as a "massively requested new wallet API," noting crypto customer usage has grown 3x in the past year. The company positions it as a major upgrade to alchemy_getAssetTransfers, which it says is the #2 most-used data API method by request volume, with tens of thousands of teams using it daily.
Alchemy is the primary infrastructure provider for Alpen, the Bitcoin-native, EVM-compatible validity rollup from Alpen Labs, which announced on X that "a financial system for Bitcoin is coming online… powered by Alchemy as Alpen's primary infra provider," a line Alchemy amplified in its own post. Alpen's testnet is live with Alchemy supplying RPC endpoints and WebSockets, letting developers read data and send transactions with familiar EVM tooling — without running their own nodes.
Alpen Labs framed the partnership as the path to the "next major Bitcoin financial product," saying it is working with Alchemy to give wallet and app developers best-in-class infrastructure to build on Alpen: "Build on Bitcoin's financial system with tools from Alchemy."
Alchemy launched simulateTransactionsAtSlot, a new Solana API method that simulates transactions against archived account state at a historical slot. It combines single and bulk simulation, multi-transaction sequencing, and historical reads in one call, running on the real Solana runtime over Alchemy's Account Archive.
The launch was announced via a post from Solana product lead Canaan Linder and reposted by Alchemy, which then amplified builder feedback describing the endpoint as a must-use for teams building trading apps on Solana — letting them test transaction paths against historical state before submission.
Alchemy announced Alchemy Inference is live, extending its infrastructure business to serve open-weight AI models under the @AlchemyCompute brand. The company points to its existing scale — 50B+ requests a day, $1T+ in transactions a year, 150,000+ teams, and 99.99% uptime — as the backdrop for the same team now serving AI workloads.
Alchemy said on X that during the record ~$6.3B Binance hot-wallet hack it spotted the situation within minutes and was ready to support Binance and other affected teams. Framing the episode as a case study in incident readiness — "incident readiness starts before the incident" — Alchemy's Silvia Vlachou noted the breach began with a compromised endpoint reaching the withdrawal path: no private keys leaked, yet funds left across more than ten chains in roughly 20 minutes, with freezes starting in under an hour.
Alchemy launched Ask Alchemy, an AI assistant embedded across its Dashboard, and confirmed it shipped this week alongside HyperCore streaming. The assistant lets developers set up, debug, manage, learn, and investigate their apps by asking questions in plain language — in any language — with a single prompt.
It is available anywhere in the Dashboard, and Alchemy showed it handling tasks like debugging failed requests, surfacing which methods use the most compute units, rotating API keys, editing allowlists, and setting up webhooks and alerts. No pricing or availability restrictions beyond the live rollout were disclosed.
Alchemy has opened HyperCore streaming for Hyperliquid in early access, calling it "the biggest thing that happened on Alchemy this week." The feature lets teams, builders, and traders stream Hyperliquid order books (L2, diffs, L4), BBO, and fills over WebSocket, on the same API key as their existing HyperEVM RPC.
Select teams get unlimited usage by DMing the team or applying via the application link. HyperCore streams Hyperliquid market data alongside Alchemy's HyperEVM RPC, with eligibility limited to select teams for now.
Alchemy is offering up to $10,000 in benefits to YC startup builders building with Alchemy on any chain, announced on X. The offer applies to YC teams across any chain Alchemy supports.
Alchemy acquired Bware Labs, the company behind the Bware infrastructure provider, a deal expected to increase Alchemy's headcount by about 25% and push its presence into Europe.
Alchemy acquired Satsuma, a blockchain data indexing/subgraph platform, folding its services into a new 'Alchemy Subgraphs' product.
Alchemy made its first acquisition, purchasing ChainShot, an Ethereum/web3 developer education and coding-bootcamp platform, to onboard and train new web3 builders.
Alchemy closed a $200 million Series C1 round led by Lightspeed Venture Partners and Silver Lake, nearly tripling its valuation to $10.2 billion in about three months.
Alchemy raised a $250 million Series C led by Andreessen Horowitz (a16z), valuing the company at $3.5 billion and bringing total funding to $345 million.
Alchemy raised an $80 million Series B led by Coatue and Addition (Lee Fixel's fund), valuing the company at roughly $505 million and positioning it as the 'AWS for blockchain.'
On December 17, 2019, Alchemy debuted its blockchain infrastructure platform globally and closed a $15 million Series A led by Pantera Capital, with participation from Stanford University, Coinbase, Samsung, and others.
Stanford alumni and longtime friends Nikil Viswanathan (CEO) and Joe Lau (CTO) founded Alchemy in 2017 after their own frustration building a crypto analytics tool, pivoting to developer-first blockchain infrastructure.
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