ALEX Lab00
$alex
MCAP1.13M
+0.13%

what's ALEX Lab?

ALEX Lab is a decentralized finance (DeFi) platform built on the Stacks blockchain, enabling Bitcoin holders to participate in DeFi activities without leaving the Bitcoin ecosystem. It provides tools for liquidity provision, automated market making, and yield farming, leveraging Stacks' smart contracts to unlock Bitcoin's potential in programmable finance. Users can launch projects, earn interest on assets, and engage in tokenized Bitcoin (xBTC) trading pairs. The platform operates through a suite of protocols including an automated market maker (AMM) for swapping assets, lending markets for borrowing and lending, and launchpads for new token deployments. Security is emphasized with audits and multi-signature wallets, though it has faced exploits due to phishing and permission issues, prompting ongoing recovery and hardening efforts. ALEX Lab aims to create a comprehensive BitFi ecosystem, integrating Bitcoin's security with DeFi innovation. Governance is community-driven via the ALEX token, which powers transactions, staking, and voting on protocol upgrades. By bridging Bitcoin to DeFi, ALEX Lab facilitates seamless interactions like perpetual futures and options, fostering growth in Bitcoin-native applications.

Snapshot

ALEX Lab offers high farming APRs and LP fees, with WELSH pool leading combined rewards.

contract

stacks

ethereum

mode

5D ago
ONCHAIN METRICS

WELSH liquidity pool on ALEX yields 23% farming APR and 17% in LP fees, making it the leading combined rewards pool on the platform.

1W ago
VISIBILITY EVENT

Cycle #343 rewards program closes on January 7, 2026, offering farming yields ranging from 2% to 42% APR across six liquidity pairs including ALEX-WELSH (42% APR), ALEX-LEO (27% APR), and STX-ALEX (21% APR).

RISK ALERT

Recovered 1,165,223.709 STX from a centralized exchange as part of ongoing asset recovery efforts following an attack, with recovered funds available to affected users.

3W ago
VISIBILITY EVENT

Cycle #340 rewards period closes on 2025-12-25, with current farming yields ranging from 1% to 46% APR across six liquidity pairs including ALEX-WELSH at 46% APR, ALEX-LEO at 29% APR, and STX-ALEX at 19% APR.

ONCHAIN METRICS

ALEX-WELSH liquidity pool generates 12% LP rewards, ranking as the second-highest earning pool on the platform.

VISIBILITY EVENT

Mentioned by Pantera Capital as one of the apps fueling BTCFi activity on Stacks, contributing to 1.4% of Bitcoin capital being deployed in BTCFi.

1M ago

Rewards cycle #338 closes in 21 hours with ALEX-WELSH pool at 61% APR, ALEX-LEO at 35% APR, STX-ALEX at 18% APR, ALEX-LiALEX at 17% APR, aBTC-aUSD at 5% APR, and aBTC-LiaBTC at 2% APR.

Rewards cycle #337 closes in 15 hours with ALEX-WELSH pool at 62% APR, ALEX-LEO at 40% APR, STX-ALEX at 20% APR, ALEX-LiALEX at 17% APR, aBTC-aUSD at 5% APR, and aBTC-LiaBTC at 2% APR.

ALEX launches a Community Mascot Meme Contest in collaboration with zeroauthdao and Welsh Community, offering 475,000 $WELSH in prizes for ALEX × WELSH memes and animations.

Cycle #336 farming yields show WELSH-ALEX at 56% APR (down from 67% in cycle #335), LEO-ALEX at 37% APR (up from 31%), STX-ALEX at 24% APR (up from 23%), and ALEX-LiALEX at 18% APR (unchanged), with 11 hours remaining to join the rewards cycle.

Quarterly governance proposal passes with 99.5% approval to allocate protocol revenue for operational costs, implementing Q4 revenue allocation.

Cycle #335 farming yields show WELSH-ALEX at 67% APR (up from 44% in cycle #334), LEO-ALEX at 31% APR, STX-ALEX at 23% APR (up from 17%), and ALEX-LiALEX at 18% APR, with 27 hours remaining to join the rewards cycle.

Governance vote live from November 28 to December 5, 2025, requesting quarterly approval to allocate protocol revenue for operational costs.

Governance vote active from November 28th to December 5th on quarterly approval to use protocol revenue for operational costs.

Cycle #334 farming yields show WELSH-ALEX at 44% APR (down from 49% in cycle #333), LEO-ALEX at 31% APR (down from 43%), STX-ALEX at 17% APR (down from 18%), and ALEX-LiALEX at 17% APR (down from 18%), with 23 hours remaining to join the rewards cycle.

Cycle #333 farming yields show WELSH-ALEX at 49% APR (down from 61% in cycle #332), LEO-ALEX at 43% APR (up from 36%), STX-ALEX at 18% APR (unchanged), and ALEX-LiALEX at 18% APR (unchanged), with 25 hours remaining to join the rewards cycle.

ALEX Lab connects with Blockchain @ Berkeley next week and offers 10,000 $ALEX bounty for introductions to Berkeley students, particularly creators.

Cycle #332 farming yields show WELSH-ALEX at 61% APR (up from 52% in cycle #324), LEO-ALEX at 36% APR (down from 41%), STX-ALEX at 18% APR (down from 26%), and ALEX-LiALEX at 18% APR, with 21 hours remaining to join the rewards cycle.

Rewards cycle #331 closes in 15 hours, featuring ALEX-WELSH pool at 39% APR, ALEX-LEO at 27% APR, STX-ALEX at 18% APR, and ALEX-LiALEX at 18% APR.

2M ago

Trading Pool v2 development is underway as the first concrete implementation of Clarity v4, upgrading the AMM with improved reliability, lower costs, and enhanced security for token swaps.

SIP-033 activation complete at block 923222, bringing Clarity 4 live with new contract-hash and restrict-assets security functions for on-chain contract validation and safe external contract interactions.

Partnership bounty launches with 475,000 $WELSH prize pool distributed among 5 winners for ALEX x WELSH memes and animations, live through December 26.

Mainnet transition to Clarity 4 set for November 11 at 16:00 UTC (block 923222), with testnet upgrade completed at block 109280.

SIP-033 governance vote passes with over 99.99% approval; Clarity 4 hard fork rescheduled to Nov 10-13 from Nov 6, with DAMM product development to continue after hard fork completion. Q4 TGP distribution scheduled for end of December.

Voting for SIP-033 officially concludes with 99% approval for Clarity 4, marking a major milestone on the roadmap.

Over 187M stacked STX vote unanimously yes on SIP-033 with 2.5 days left in voting, surpassing the 80M minimum threshold needed for the hard fork approval.

SIP-033 expected to implement around November 6 with new security features (contract-hash and restrict-assets functions) as Step 4 of 5 on roadmap toward DAMM release. LiaBTC sunsets with emissions transferring to STX-ALEX pool after cycle #345.

Trading competition with 200,000 $WELSH in prizes ends October 21, organized in collaboration with ZeroAuthDAO and Welsh Community.

Cycle #324 farming yields show WELSH-ALEX at 52% APR (down from 74% in cycle #323), LEO-ALEX at 41% APR (up from 37%), STX-ALEX at 26% APR (down from 28%), and ALEX-LiALEX at 20% APR, with 15 hours remaining to join the rewards cycle.

3M ago

Cycle #323 farming yields show STX-ALEX at 28% APR (up from 25% in cycle #321) and LEO-ALEX at 37% APR (up from 34%), with WELSH-ALEX maintaining 74% APR and 27 hours remaining to join the rewards cycle.

Trading contest in partnership with @zeroauthdao awards 200,000 $WELSH to 3 winners for demonstrating trades on ALEX platform, ending October 21.

New meme coin $B (Blockstx) launches through self-listing and ranks second in fee rebate APRs at 14.9% (STX-B pool), described as potentially the hottest new STX meme coin of the year. Top 3 liquidity pools by fee rebate are STX-MIA at 15.4%, STX-B at 14.9%, and ALEX-WELSH at 12.5%.

Cycle #321 farming yields show WELSH-ALEX decreasing to 74% APR (down from 85% in cycle #320) and LEO-ALEX dropping to 34% APR (down from 40%), while STX-ALEX maintains 25% APR.

Approved governance proposal will boost STX-ALEX pool emissions by 73% to 245,100 ALEX per cycle after cycle 345, redirecting 103,200 ALEX from aBTC-LiaBTC emissions with current cycle at #320.

Governance proposal to redirect aBTC-LiaBTC emissions to STX-ALEX pool passes with 100% unanimous approval and over 30 million votes cast, with voting closing October 3.

Cycle #320 farming yields show WELSH-ALEX pair maintains top position with increased 85% APR while LEO-ALEX drops significantly to 40% APR from previous 74%.

Final call for LiaBTC redemptions by Sept 30 as the aBTC-LiaBTC farming pool closes after cycle 345, with a vote to potentially redirect emissions to the STX-ALEX pool.

A bounty program launches on zeroauthdao offering 200,000 WELSH tokens to 3 winners for sharing ALEX trading proof and strategies.

WELSH pool achieves +18% rebate while community-launched pools occupy 5 of the top 10 pool positions, with new $B/Blockstx pool reaching #6 ranking.

Cycle #318 farming yields show WELSH-ALEX pair reclaims top position at 82% APR while LEO-ALEX drops to second place at 74% APR, reversing the previous cycle's rankings.

Cycle #317 farming yields show LEO-ALEX pair increases to 85% APR from previous 80% while WELSH-ALEX rises to 65% APR, both maintaining their top positions with continued yield growth.

Clarity v4 SIP update introduces new `current-contract` function to simplify smart contract development, marking progress toward Clarity v4 and the roadmap.

Cycle #316 farming yields show LEO-ALEX pair achieving top position at 80% APR while WELSH-ALEX drops to second place at 63% APR, representing a significant shift from previous cycles where WELSH maintained the leading position.

4M ago

Security review confirms ALEX is unaffected by NPM supply chain incident with user funds and interactions remaining safe.

$B (Blockstx) achieves #1 position for highest fee rebate at 31% with pool liquidity surging to +700%, representing significant advancement from its previous #5 ranking by volume.

Cycle #314 farming yields show WELSH-ALEX pair at 119% APR, up significantly from 76% in cycle #312, while maintaining top position among farming pairs.

ALEX achieves 28.54% weekly gains, ranking #2 among STX ecosystem tokens, while announcing collaboration with Blockstx.

Major APR shifts in yield farming: WELSH-ALEX increases to 76% (+10%) while LEO-ALEX drops to 30% (-14%) for cycle #312.

$B pool reaches #5 position by volume with 500% liquidity growth within three weeks of launch.

LEO farming pair APR increases to 44% (+8%) while other pairs show modest gains for cycle #311.

Trading volume reaches $156k (>50% market share) with successful launch of new $B pool reaching 10k liquidity.

Major yield farming pairs see significant APR reductions: WELSH drops to 66% (-19%), LEO to 36% (-12%), and STX-ALEX to 28% (-15%).

New farming strategy doubles yield from 6% to 13% APR through ALEX-LiALEX pool staking and LP provision.

Farming cycle #309 introduces major APR changes with LEO pair surging to 48% APR (up 18%) and STX-ALEX reaching 43% APR (up 5%), while WELSH maintains lead at 85% despite reduction from previous 98%.

5M ago

Protocol security upgrade implements two key functions in Clarity v4 to prevent deployment attacks and unauthorized withdrawals.

Trading campaign launches on cedelabs with $12,000 USDT in total rewards through August 19th, offering $428 in daily prizes.

STX-ALEX emerges as second-highest yield pair at 38% APR while LEO pair drops from 50% to 30% APR in new farming cycle #307.

Trading volume reaches $109k for top pool, with protocol capturing 60% of top 10 traded volume across three leading pairs.

Farming cycle #306 launches with WELSH pair APR increasing to 98% from 87%, reversing previous downward trend.

Roadmap detailing DAMM implementation steps scheduled for publication this week.

Farming cycle #305 launches with LEO pair rising to second position, offering 50% APR yield, while WELSH pair maintains top position at 87% APR.

Farming cycle #304 launches with reduced APRs; ALEX-WELSH pair drops to 87% APR from 103%.

Farming cycle #303 launches with reduced APRs; ALEX-WELSH pair drops to 103% APR from 117%.

Farming cycle #302 launches with increased APRs across pairs; ALEX-WELSH pair yields 117% APR, up from 91% in cycle #300.

25+ AMM pools now live with 15%+ fee rebates; new pools open for creation with 1,800 STX minimum per side.

Major yield adjustments across pools with ALEX-WELSH dropping from 83% to 60% APR, while maintaining highest total yield through 39% Fee Rebate program.

6M ago

Farming cycle #300 launches with reduced APR rates; ALEX-WELSH pair offers 91% APR, down from previously announced 124%.

Farming pools transition to cycle #300 offering up to 124% APR on ALEX-WELSH pair.

Farming pools reopen following governance vote approval.

Security incident triggers Bithumb and CoinOne token delisting; trading continues on Gate, MEXC, and KuCoin while recovery efforts progress with DAXA.

Year 4 Emissions Proposal passes with 99% approval from token holders. Implementation details pending.

$8.4M security exploit reported by PeckShield.

Treasury Grant Program releases 420,871 STX for affected users to claim in Q2 2025 distribution.

Year 4 emissions proposal includes halving delay to Cycle #400 with potential 36.5% increase, voting period June 28-July 5.

STX-WELSH pool announces imminent reopening with confirmation of 100% LP compensation in USDC, while new farming incentives are planned under Year 4 emissions proposal.

Governance proposal for Year 4 emissions published; community discussion open until June 30 with voting to follow.

Protocol expands reopening with addition of ALEX-WELSH and ALEX-KIKI liquidity pools.

Asset recovery reaches 353,160 STX with additional recoveries expected in Q3; protocol generates 67.71K STX revenue since March.

AMM reopening begins with select pools including ALEX/LiALEX, aBTC/LiaBTC, and aBTC/aUSD, while pools with affected tokens remain closed.

7M ago

Protocol operations resume Monday with full feature set including swap, pool, stake, and voting functions, accompanied by enhanced security measures and monitoring systems.

$16M drained from protocol vaults through fake token exploit leveraging existing permissions.

Official compensation claims process launches with strict security protocols: users warned against remote access requests, unofficial links, and team impersonators.

Token price drops 45% following $8.3M exploit; Lab confirms user reimbursement plan.

New security exploit causes aBTC and sBTC tokens to depeg

Security exploit results in $8.37M loss across multiple asset pools; full compensation promised in USDC through foundation treasury with claims process starting June 8.

Protocol experiences new security exploit, marking repeated security incident.

Security exploit identified in self-listing verification logic; vulnerability patched and feature paused pending review.

Active security incident forces platform suspension. Stolen funds traced to centralized exchanges.

New sBTC-WELSH pool offers 8,697% APR plus 5% sBTC yield

Surge 4 concludes with significant APR adjustments: LEO drops to 63% from 109%, while NOT-NASTY emerges at 122% APR.

Surge 4 voting hits record 111.7M total votes while APRs decrease significantly with aBTC-sBTC dropping to 7% and LEO to 109%

Voter rewards structure shifts dramatically with PEPECOLA pool offering $5.71 per 1K votes, nearly 10x higher than other pairs, while total reward pool reaches $8K with distribution set for June 5.

New rewards structure revealed with $0.71/1K votes for aBTC-ORDI pair leading five token pairs, while total trading volume reaches $2.7B milestone.

Surge 4 voting participation nearly doubles to 83M with voter rewards reaching $7K, while APRs adjust significantly downward with LEO now at 146% APR. Platform expands to mobile via LeatherBTC integration.