Gate News Bot message, November 6, according to CoinMarketCap data, as of the time of writing, ALCX (Alchemix) is currently priced at $12.09, having risen 87.70% in the last 24 hours, with a high of $12.79 and a low of $6.18. The 24-hour volume reached $102 million. The current market capitalization is approximately $30.3 million, an increase of $14.2 million compared to yesterday. Alchemix is a decentralized finance platform that offers automated repayment loan services without the worry of liquidation risk. Users can borrow up to 50% of the collateral value while earning yields on all deposits. The platform emphasizes flexibility, security, and asset protection, supporting a variety of mainstream tokens as collateral. Alchemix's loans automatically use the yields generated from deposits to repay, allowing users to simultaneously consume.