What is Alchemix USD?

Alchemix USD (ALUSD) is an altcoin currently ranked 169th by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.9670, Alchemix USD carries a market capitalization of $245.66M. Daily trading volume across exchanges sits at roughly $18.05K. That works out to a 24-hour turnover of about 0.01% of the float — lower than the broad crypto market average, suggesting limited short-term speculative flow.

Price action across timeframes

Over the past 24 hours, Alchemix USD has moved -0.02%; over the past week, Alchemix USD has moved -0.20%. Short-term and long-term direction diverge here, which often happens at inflection points where a trend is either reversing or pausing.

Cycle position

Alchemix USD is currently trading far below its all-time high (all-time high of $30.69, -96.8% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward.

Supply & dilution

The circulating supply stands at 254,036,725 ALUSD. There is no explicit cap on maximum supply — issuance follows a programmatic schedule defined in the protocol.

Volatility profile

Recent price action puts Alchemix USD in the Low-volatility bucket. The asset has been relatively stable, with moves typical of large-cap, mature assets.

How to evaluate Alchemix USD

A balanced read on ALUSD typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is ALUSD performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.