Alternity CNY
1. Summary
- Description
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Alternity CNY Description
Alternity CNY Description
Alternity is a decentralized protocol built on the Ethereum blockchain, designed to provide users with a stablecoin pegged to the Chinese Yuan. This stablecoin, known as LCNY, is achieved by utilizing Ether as the required collateral, ensuring that loans maintain a minimum collateral ratio of 110%. As a protocol, Alternity is non-custodial, immutable, and governance-free, catering to users who prefer alternatives to USD-pegged stablecoins.
Unique Features
LCNY is the first immutable and decentralized CNY pegged stablecoin on the Ethereum blockchain, offering a diverse and robust DeFi ecosystem.
Project History
Alternity addresses the growing demand for a stable, decentralized, and Yuan-pegged financial instrument, recognizing China's increasing economic influence and the rising importance of the Yuan. The protocol aims to provide diversification, risk management, and more robust options for the DeFi space.
Use Cases
The Alternity solution allows users to diversify their stablecoin portfolios or denominate debt in CNY, offering greater flexibility and choice for participants in the DeFi ecosystem.
| Price | |
| 52W High price | $0.21 |
| 52W High date | 13th Nov 2023 (1 year ago) |
| All Time High (ATH) Date | 15th Feb 2025 (1 week ago) |
| All Time Low (ATL) Date | 15th Feb 2025 (1 week ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $20.00 |
How does Alternity CNY's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,626.9%
Similar Market Cap
We're monitoring 1 Alternity CNY GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Alternity CNY Repos)
Commits vs. The Market
- Past 4 weeks: 0 commits vs. an average of 0
- Past 12 weeks: 0 commits vs. an average of 3
- Past year: 0 commits vs. an average of 57
Most Active Repos
| Past week | |
|---|---|
| Past 12 weeks | |
| Past year |
Top Developers 2025
In total, 0 developers have contributed to Alternity CNY over the past year. Who are the most active Alternity CNY developers, by commits, over the past year?
Related Projects
Developers working on Alternity CNY also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 91 |
| Twitter followers |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://alternity.finance |
|---|---|
| Explorer | https://etherscan.io/token/0x7635b612792e4bfb7f2fa... |
| @0xAlternity | |
| Forum | https://t.me/alternitycommunity |
What is the correct contract address for Alternity CNY?
| Ethereum | 0x7635b612792e4bfb7f2fa12a3e5d5a3f2e3c34bc |
|---|
Has Alternity CNY been audited for security?
No security audits found for this project.
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