Dapp store Ethereum DeFi dapps Decentralized synthetics

Elixir

Decentralized syntheticsStablecoin issuers

Elixir

Elixir is a DeFi protocol that issues deUSD, a synthetic dollar backed by real-world assets and crypto collateral, for institutional and onchain users.

Transaction Fees, Open-source

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What is Elixir?

Elixir helps institutional and onchain investors access yield through deUSD, a synthetic stablecoin collateralized by a mix of real-world assets and crypto reserves. Users can mint and redeem deUSD, stake it across DeFi protocols on Arbitrum, Ethereum, Sui, and Berachain, and bridge assets through the Elixir Network. The protocol brings capital from funds like BlackRock, Hamilton Lane, and Apollo into onchain markets.

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Web3 dapps and developer tools related to Elixir

Discover blockchain applications that are frequently used with Elixir.

Overnight Finance

Alchemy CustomerDeFi yield aggregators

A multi-chain protocol that issues USD+ and other rebasing stablecoins fully backed by delta-neutral DeFi strategies.

Strata

DeFi yield aggregators

Strata is an Ethereum risk-tranching protocol that splits yield from strategies like Ethena USDe into senior (srUSDe) and junior (jrUSDe) tokens.

SmarDex

Alchemy CustomerDecentralized exchanges (DEXs)

SmarDex is a multichain DEX and the issuer of USDN, a synthetic dollar collateralized by wstETH and funded by trader position fees.

fx Protocol

Decentralized derivatives

f(x) Protocol is a leverage trading platform on Ethereum where users go up to 7x long or short on ETH and WBTC with low funding costs.

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Tempo is a Layer 1 blockchain built specifically for institutional payments and stablecoins, featuring payment-optimized infrastructure, native account abstraction, and sub-second finality with Alchemy support.

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Elixir alternatives

Explore web3 competitors and apps like Elixir.

Ethena

Alchemy CustomerDecentralized synthetics

Ethena issues USDe, a crypto-native synthetic dollar backed by delta-hedged ETH and BTC, with sUSDe earning yield from staking and basis-trade returns.

Dinari

Alchemy CustomerDecentralized synthetics

Dinari is a tokenized securities platform that issues 1:1 backed dShare tokens representing US stocks, ETFs, and more.

PERI Finance

Decentralized synthetics

PERI Finance is a synthetic-asset DEX where users mint pUSD-collateralized Pynths that track forex, crypto, and commodity prices.

Piku

Decentralized synthetics

A yield-optimized stablecoin protocol where USP is backed by reserves rotated across DeFi yield strategies and FX arbitrage positions.

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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

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