Alchemix USD (ALUSD) stablecoin analytics
alUSD is Alchemix's self-repaying CDP stablecoin: users borrow against DAI/USDC/USDT collateral and the yield from those deposits gradually repays the debt.
Static Profile
Static stablecoin profile
Alchemix USD (ALUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 3, 2026
alUSD is Alchemix's self-repaying CDP stablecoin: deposit DAI, USDC, or USDT into Yearn and Aave yield strategies, borrow up to roughly 50% against it, and let the yield slowly erase your debt with no interest and no liquidation risk. The mechanism remains DeFi's most patient...
AI summary · drafted by claude-opus-4-8 · reviewed by @TokenBrice on Jun 3, 2026 · facts as of Jun 3, 2026
- Collateral
- DAI, USDC, and USDT deposited into yield strategies (Yearn, Aave) via Alchemix CDPs; yield automatically repays debt
- Peg Mechanism
- Self-repaying loans: yield from deposited stablecoin collateral automatically repays debt; Transmuter guarantees 1:1 redemption
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is ALUSD safe?
Pharos does not mark ALUSD as absolutely safe. Static metadata says Alchemix USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety alusd-alchemix
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 3, 2026.
ALUSD quick answers
What is Alchemix USD (ALUSD)?
alUSD is Alchemix's self-repaying CDP stablecoin: users borrow against DAI/USDC/USDT collateral and the yield from those deposits gradually repays the debt. The static profile records its US Dollar peg mechanism as: Self-repaying loans: yield from deposited stablecoin collateral automatically repays debt; Transmuter guarantees 1:1 redemption
What backs ALUSD?
Pharos classifies ALUSD backing as Crypto-Collateralized. Collateral, per the static profile: DAI, USDC, and USDT deposited into yield strategies (Yearn, Aave) via Alchemix CDPs; yield automatically repays debt Reserve evidence: live reserve feed configured.
Can ALUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Live freeze and blacklist events for ALUSD, when applicable, appear in the dossier below.