Alchemix USD (ALUSD) Tops 24-Hour Trading Volume of $31.97
USD was traded on exchanges in the last day. Alchemix USD is a digital currency that traded flat against the dollar, with a market cap of $237.96 million. $31.97 worth of Alchemix USD was traded on exchanges in the last day.
Alchemix USD has a market capitalization of $237.96 millions and was traded at exchanges for $31.97 in the past 24 hours. Alchemix USD's value against the dollar has been flat over the past seven days. On popular cryptocurrency exchanges, one Alchemix USD token can be bought for $1.00 or 0.00003297 BTC.
See how other cryptos have performed in the past 24 hours.
KILT Protocol, or KILT, is now trading at $0.36 (0.00001291 BTC) after a 3.1% increase against the dollar.
Aidi Finance BSC (AIDI) has traded down 2.2% in relation to the dollar, and is now trading at $0.0000 or 0.00000000 BTC.
Zoo Token (ZOOT), which trades for $0.0652, or 0.00000239 BTC, has fallen 2.2% in value against the dollar.
CareCoin (CARES), which is a cryptocurrency, has traded at $0.0809 per dollar or 0.00000297 BTC. This is a 2.2% decline.
OmniaVerse, or OMNIA, is now trading at $0.0025 (0.00000009 BTC) after trading 4.7% higher.
Kitty Inu, or KITTY, is currently trading at $94.38 or 0.00336546 BTC.
Hokkaidu Inu, or HOKK, has traded at $0.0004 (or 0.00000002 Bitcoin) after a 1.3% decline against the dollar.
Lego Coin (LEGO), which is a cryptocurrency, has traded up 11.6% in relation to the dollar. It now trades for $0.0170 or $0.00000061 BTC.
Jeff in Space (JEFF), which trades for $2.75, or 0.00010076 BTC, has fallen 2.2% in value against the dollar.
Lumi Credits, or LUMI, is now trading at $0.0059 (0.00000021 BTC) after a 7.2% increase against the dollar.
The first time it was traded was on February 27, 2021. Alchemix USD has a total supply of 3,291,070 and circulating supply of 238,707 111 tokens. Alchemix USD's official website is
alchemix.fi
.
CryptoCompare says that Alchemix is an open-source platform for creating yield-backed synthetic tokens.
This means that any tokens such as ERC20s or stablecoins must have an existing yield-generating mechanism. It could be lending markets such as Compound, AAVE or vault-like products such as yvDAI Vault or aLINK Vault. Alchemix is targeting stablecoins as our first synthetic token. It will be named alUSD, with the al representing Alchemix.
AlUSD will be minted from several stablecoins. However, the protocol initially will only support DAI. The examples given in the sections below for alUSD can be applied to other al-Tokens almost identically. The dApp consists of the following elements: Vaults (for vaults), Transmuter (for transmuter), Farming and Treasury.
Alchemix USD Token Trading
It's not possible to purchase alternative cryptocurrencies like Alchemix USD using US dollars. GDAX or Bitcoin. MarketBeat.com’s FREE CryptoBeat Newsletter
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