Alchemix
Alchemix is a DeFi platform that offers self-repaying( interest-free( and non-liquidating loans built on the Ethereum network( The platform enables users to unlock the potential of their assets through a unique mechanism that repays loans through the earnings of deposited collateral( allowing borrowers to access liquidity without selling their assets or paying interest( Alchemix supports loan-to-value ratios up to…
Funding snapshot
About
Alchemix is a DeFi platform that offers self-repaying( interest-free( and non-liquidating loans built on the Ethereum network( The platform enables users to unlock the potential of their assets through a unique mechanism that repays loans through the earnings of deposited collateral( allowing borrowers to access liquidity without selling their assets or paying interest( Alchemix supports loan-to-value ratios up to 90% with zero percent interest( providing capital efficiency for cryptocurrency holders seeking liquidity( The platform operates on decentralized blockchain infrastructure( eliminating traditional intermediaries and enabling autonomous loan management through smart contracts( Founded in 2020 and headquartered in Saint Kitts And Nevis with operations in Finland( the company has raised $3.1M in seed funding from investors including Spartan Partners( Delphi Ventures( Nascent( Maven 11( GBV Capital( and Principle Ventures.
Business model
Cryptocurrencies > Financial Services > Lending > Consumer Loans > Self Repaying Loans
Institutional investors
Latest coverage
No articles yet.
Similar startups
M0
M0 develops modular infrastructure for issuing and managing digital stablecoins, enabling businesses to launch stablecoins built around their specific needs.
Immunefi
Immunefi is a Web3 security platform that provides bug bounty programs, smart contract audits, audit competitions, and managed triage services for blockchain and decentralized finance projects.
Zilliqa
Zilliqa is a blockchain infrastructure company that provides compliance-enforced settlement infrastructure for institutional onchain finance, running credential checks before transactions settle on any chain or…
MakerDAO
Stable coin based on Ethereum blockchain. Offers a collateral-backed stable coin named Dai and a governance token named MKR. MKR is used by stakeholders to maintain the system and manage Dai.