Alchemix is a self-repaying DeFi lending protocol that allows users to borrow against yield-bearing collateral without manual repayments. Alchemix's Twitter Score is 205 out of 1000 (an Excellent rating) as of August 2026, ranking #2,228 (top 0.5%) among 483,944 tracked accounts.
Alchemix was founded by Scoopy Trooples, a pseudonymous developer who has served as project lead since the protocol launched. The protocol is governed as a DAO, with ALCX governance-token holders able to vote on project decisions. Alchemix raised a disclosed round of $4.9 million in March 2021, led by CMS Holdings and Alameda Research, and later reported raising over $8 million in total investment capital from those firms alongside Spartan Ventures, Genesis Block Ventures, and others including eGirl Capital, Nascent, and Fisher8 Capital.
Alchemix operates on Ethereum and is also deployed on Optimism and Arbitrum, with integrations across Curve, Convex, Velodrome, and Yearn Finance. The protocol offers self-repaying loans up to 90% LTV, a Transmuter for fixed yield, and a modular yield tool. In June 2021, a debt-calculation bug allowed users to withdraw ETH collateral under incorrect conditions; the protocol published an incident report and stated that user funds were safe after patching. In 2023, a Curve alETH-ETH pool exploit affected the Alchemix ecosystem, though stolen funds were ultimately returned by the actor following a bounty process. Alchemix has published 2,825 posts on the platform and has been mentioned by 540 accounts a total of 1,581 times.
Who follows Alchemix on X?
Alchemix draws a technically engaged audience from across the DeFi space. The accounts that follow Alchemix include 775 founders, 256 angel investors, 372 influencers and 24 VCs. Among them are Erik Voorhees, Ansem, Laura Shin, Stani, Kyle Samani and Andrew Kang.