STABLE OR GONE Stablecoin history, events, and sources
Organization record

Alchemix

DAO-governed DeFi protocol that issues alUSD and other synthetic debt assets against yield-bearing collateral.

Stablecoins1
Relationships1
Sources3

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Overview
TypeDeFi Protocol
JurisdictionUnknown
Official websitehttps://alchemix.fi/
Record confidenceHigh
Last reviewed2026-06-14
Compatibility URL/issuer/alchemix/
Stablecoin relationships
StablecoinSymbolRoleFromUntilRelationship statusLifecycle status
Alchemix USDalUSDProtocol Operator2021-02-22—ActiveActive
Events
DateEventDetail kind
2021-02-22Alchemix introduces alUSD and yield-backed borrowingOther
Sources
SourceTypeEvidence scope
Introducing AlchemixOfficial StatementLaunch and Design, Yield Backed Debt, Event Date
Alchemix protocol and alUSD current documentationOfficial DocumentationCurrent Protocol State, Issuance Mechanics, Governance
Alchemix Transmuter conversion mechanicsOfficial DocumentationRedemption and Conversion, Burn Mechanics, Underlying Settlement

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