Alchemix vs Waves — how do they compare? Alchemix trades at Rp34,248 (market cap Rp102,05M, Rp44,21M 24h volume), while Waves trades at Rp3,492 (market cap Rp542,7M, Rp54,88M 24h volume). The key difference: Waves is far larger — about 5.3× Alchemix's market cap, and Alchemix's circulating supply is 2,5M ALCX versus 133,5M WAVES for Waves. Which is the better fit depends on your goals — on Pluang, investors hold Alchemix for 9 Days and Waves for 74 Days on average.
| ALCX | WAVES | |
|---|---|---|
Market Cap | Rp102,05M | Rp542,7M |
Volume (24h) | Rp44,21M | Rp54,88M |
Circulating Supply | 2,5M ALCX | 133,5M WAVES |
Typical Hold Time | 9 Days | 74 Days |
Alchemix is a DeFi platform on Ethereum that offers self-repaying loans. Users can borrow against their collateral while it generates yield, gradually repaying the loan. This innovative system provides a new way to manage and utilize digital assets.
Read more on ALCX →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →