Alkemi

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL consists of Assets (ETH, WBTC, Stablecoins) deposited in Alkemi Earn, Assets (ETH, WBTC, Stablecoins) deposited in Alkemi Earn Open, and does NOT currently consider assets borrowed

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Alkemi is a Lending protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).

Alkemi is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Chainlink); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.

Verified external resources for Alkemi — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Alkemi is one of 7 Lending protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Aave V3, Morpho V1, JustLend, and 3 more. These peer protocols collectively secure US$433.5亿 in deposits, giving you a frame of reference for whether Alkemi's own TVL is at the top, middle, or tail of the category.

Aave V3

TVL US$261.7亿 · 24h +0.16%

Morpho V1

TVL US$70.4亿 · 24h +0.57%

JustLend

TVL US$34.1亿 · 24h +1.86%

Maple

TVL US$24.2亿 · 24h -1.17%

SparkLend

TVL US$22.4亿 · 24h +3.62%

Kamino Lend

TVL US$20.8亿 · 24h -0.02%