ALEX Lab (ALEX) offers a one-stop DeFi platform on Bitcoin via Stacks for lending, borrowing, and trading. More
| Fully Diluted Valuation | $11.18M |
|---|---|
| 24H Trading Volume | $1.03M |
| 24H Low / High | $0.01 / $ 0.01 |
| Circulating Supply | 858.25 M |
| Total Supply | 1.00 B |
| Max Supply | 1.00 B |
| Categories | Decentralized Finance (DeFi) 6 more |
|---|---|
| Founder | Chiente Hsu 2 more |
| Website | app.alexlab.co Whitepaper |
| Socials | 3 more |
| Chains | Ethereum Ecosystem 2 more |
| Explorer | Mode 6 more |
| Contracts |
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2 more
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| Name | Pair | OG Score |
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ALEX Lab (ALEX): Revolutionizing DeFi Services on Bitcoin via Stacks
ALEX Lab is pioneering a sea change in decentralized finance (DeFi) by offering a one-stop platform on Bitcoin via Stacks. This innovative approach begins with the simple concept of lending and borrowing Bitcoin, facilitated by smart contracts. These contracts not only govern loans but also enable the creation of bonds and other derivative products, effectively replacing traditional financial functions with the algorithms of an Automated Liquidity Exchange, or ALEX.
Focused Technology
Built on the Stacks platform, ALEX Lab focuses on trading, lending, and borrowing crypto assets with Bitcoin as the settlement layer and Stacks as the smart contract layer. Central to its operations is the Automated Market Making (AMM) protocol, which allows users to exchange crypto assets trustlessly.
Comprehensive Token Support
The ALEX Bridge facilitates the exchange of various tokens, including USDC (ERC20) and xUSD (Stacks), with plans to add support for xALEX/ALEX, WBTC/xBTC, ETH/xETH, and more in the future.
Technology Company
At its core, ALEX Lab is a technology company specializing in decentralized finance applications. It provides a platform for building financial apps on the Bitcoin blockchain, offering modules for token deployment, trading, and liquidity provision.
Community Governance
The ALEX Lab Foundation, a non-profit organization, supports the governance and growth of the ALEX DeFi protocol. It acts as a seat of governance, providing a forum for diverse ALEX token holders to build consensus on the protocol's future direction. Additionally, it supports research and development efforts in the decentralized financial infrastructure of Web3 and offers educational resources for new users and developers.
Experienced Team
Founded by a team led by Dr. Chiente Hsu, Ms. Rachel Yu, and Dr. Chan Ahn, ALEX Lab combines extensive experience in the financial sector with expertise in system development and crypto systems. The project was established in June 2021 and raised $5.8 million in seed funding in November 2021, with White Star Capital as the main financier. The ALEX token was launched in March 2022, with an inflationary emission rate and a cap of 1 billion units.
Native Currency and Investment Opportunity
The ALEX token serves as the native currency for running projects on the ALEX Lab blockchain and represents an investment opportunity within the ecosystem. As ALEX Lab continues to innovate and expand its offerings, it is poised to revolutionize financial management in the crypto sector.
ALEX Lab offers a one-stop platform on Bitcoin via Stacks, enabling lending, borrowing, and derivative products, all governed by smart contracts and the Automated Liquidity Exchange (ALEX).
The founders of ALEX Lab are Dr. Chiente Hsu, Ms. Rachel Yu, and Dr. Chan Ahn, combining financial sector experience with system development and crypto systems expertise.
The main backer and investor of ALEX Lab is White Star Capital, providing $5.8 million in seed funding.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of ALEX Lab (ALEX) is ($858,247,724), max supply of ALEX Lab ALEX is ($1,000,000,000) and the market cap of ALEX Lab ALEX is ($9,595,979).
What is the ALEX Lab (ALEX) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of ALEX Lab (ALEX) is $0. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
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Does the team have a realistic roadmap and can catch up with it?
Does ALEX Lab (ALEX) have reasonable and sustainable revenue income models?
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