ALEX

ALEX is a comprehensive decentralized finance protocol built on the Stacks blockchain, designed to bring advanced DeFi capabilities to Bitcoin. Through its platform, users can swap assets, provide liquidity, access fixed-yield lending, stake tokens, and participate in token launches—all secured by Bitcoin finality via Stacks. ALEX supports a wide DeFi ecosystem, including a native AMM DEX, a bridge for multi-chain transfers, manual and liquid staking options, and a multichain launchpad. Its integration with Leather enables users to interact with these services seamlessly from a Bitcoin-native wallet, unlocking programmable financial utility without leaving the Bitcoin ecosystem.

Oct 1, 2024

ALEX is a Bitcoin-secured DeFi platform built on Stacks that delivers a full suite of financial tools for trading, lending, staking, and launching tokens. It combines on-chain smart contracts, low-fee swaps, and cross-chain liquidity to offer users a secure and accessible entry into decentralized finance.

What users can do on ALEX

  • Swap tokens: Use the ALEX AMM to swap SIP-10 assets like STX, ALEX, USDA, and others.
  • Provide liquidity: Join pools and earn trading fees and rewards.
  • Liquid stake: Stake ALEX tokens or other supported assets and receive liquid staking derivatives.
  • Launch or buy tokens: Access IDOs through the multichain launchpad or list new assets with self-service tools.
  • Bridge assets: Use the ALEX bridge, powered by Brotocol, to move tokens between Stacks, Ethereum, and Bitcoin-compatible networks.

ALEX and Leather

Through Leather, users can directly:

  • Trade supported tokens
  • View DeFi yields and staking options
  • Interact with ALEX’s smart contracts
  • Track liquidity positions ALEX is governed by the ALEX Lab Foundation and is supported by major Bitcoin ecosystem investors. With nearly $2.7B in total value bridged and over 70,000 unique wallets, ALEX is a key pillar of Bitcoin DeFi. Its infrastructure is anchored in Bitcoin finality, making it a powerful platform for builders and users alike.

Disclaimer

ALEX is a third-party DeFi protocol not operated by Leather, and users should do their own research before interacting with it through the Leather wallet.