ALEX Lab ALEX

1. Summary

Ranks

Liquidity

92

Developer

-

Social

91

Momentum (beta)

76

Stack Rank™

-

Price

$0.15 +12.6%

Market Cap

$115.40M (#356)

Supply

708.25M / 1.00B

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$0.50
52W High date	2nd Apr 2024 (3 months ago)
All Time High (ATH) Date	1st Apr 2024 (3 months ago)
ATH Price	$0.54
% From ATH	-25.78%
All Time Low (ATL) Date	31st Dec 2022 (1 year ago)
ATL Price	$0.01
% From ATL	3511.54%

Supply & Trading Volume
Trading Volume (24h)	$696,717.00
Total Supply	1.00B
Max Supply	1.00B
Circulating Supply	708.25M

Less Metrics

Description

ALEX Lab is the first one-stop DeFi services platform on Bitcoin via Stacks, aiming to deliver a comprehensive DeFi ecosystem for next-generation Bitcoin users, innovators, and the broader ecosystem. It is designed to dissolve the barrier between Bitcoin Layer 1 and Layer 2, enabling a seamless Bitcoin DeFi experience for users.

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ALEX Lab is the first one-stop DeFi services platform on Bitcoin via Stacks, aiming to deliver a comprehensive DeFi ecosystem for next-generation Bitcoin users, innovators, and the broader ecosystem. It is designed to dissolve the barrier between Bitcoin Layer 1 and Layer 2, enabling a seamless Bitcoin DeFi experience for users.

What ALEX Offers

ALEX provides an array of services, including:

Smart Contracts and DeFi

ALEX leverages Stacks to handle DeFi and economic activities, making it a distinctive Bitcoin DeFi solution.

Lending and Borrowing

The platform allows for fixed-rate and fixed-term borrowing and lending without risk of liquidation.

Decentralized Exchange

ALEX offers an advanced decentralized exchange (DEX) for trading tokens.

Staking and Yield Farming

Users can engage in staking and yield farming activities.

IDO Launchpad

The platform includes an Initial Dex Offering (IDO) launchpad for new projects to launch their tokens and create liquidity pools.

Key Features

1. Dynamic Trading: ALEX features an orderbook for trading both BRC20 and SIP10 tokens, ensuring precise trade execution and optimized price discovery.
2. Diversified Lending Pools: The lending pools on ALEX consist of risky and risk-free assets to reduce default risk while maintaining potential upside gains.
3. Algorithmic Engine: The engine dynamically adjusts the split of high-risk and risk-free assets in diversified pools based on the Black-Scholes model.

Founding Team

ALEX was founded by Dr. Chiente Hsu and Ms. Rachel Yu, both of whom have extensive experience in the finance industry, including stints at Credit Suisse, Goldman Sachs, and Morgan Stanley.

Additional Information

• Platform Status: ALEX is operational since May 2021.
• Location: The platform is based in Singapore.
• Accessibility: ALEX does not have restrictions on access to its services.
• Fees: A flat fee of 0.1% is charged on both maker and taker markets.
• Margin Trading: As of November 2022, margin trading is not supported on ALEX.
• Market Support: The platform supports the trading of ten coins, with three active trading pairs on its order book.
• Governance: ALEX's governance is overseen by the ALEX Lab Foundation, a non-profit organization that facilitates consensus among $ALEX holders.

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