# Alchemix Documentation > Alchemix is a DeFi protocol offering self-repaying loans. Deposit ETH or USDC, borrow up to 90% LTV at 0% interest, and yield automatically repays the debt. No price-based liquidations. Live on Ethereum, Optimism, and Arbitrum. > Generated: 2026-07-02 --- ## User Documentation ### Getting Started - [Quick Start](https://docs.alchemix.fi/user/quick-start): Deposit, borrow, and manage a self-repaying loan step by step - [V3 Migration](https://docs.alchemix.fi/user/v3-migration): Record of the completed V2-to-V3 migration and Mana program - [FAQ](https://docs.alchemix.fi/user/faq): Common questions about borrowing, repayment, earmarking, and fees ### Core Concepts - [Self-Repaying Loans](https://docs.alchemix.fi/user/concepts/self-repaying-loans): How loans work — 0% interest, 90% LTV, automatic repayment via yield - [Mix-Yield Token (MYT)](https://docs.alchemix.fi/user/concepts/myt-and-yield): DAO-curated yield basket used as collateral - [Transmuter](https://docs.alchemix.fi/user/concepts/transmuter): Fixed-rate yield via 1:1 alAsset redemption over a set term - [alAssets](https://docs.alchemix.fi/user/concepts/alAssets): Synthetic debt tokens (alUSD, alETH) — minting, market price, peg mechanics - [Redemption Rate](https://docs.alchemix.fi/user/concepts/redemption-rate): How fast the system deleverages positions, temporal leverage explained - [Liquidations](https://docs.alchemix.fi/user/concepts/liquidations): When and how liquidation can occur (no price-based liquidation) - [Fees](https://docs.alchemix.fi/user/concepts/fees): Protocol fee structure (redemption, yield, transmuter fees) - [How the Peg is Maintained](https://docs.alchemix.fi/user/concepts/how-peg-is-maintained): Mechanisms keeping alAsset prices near 1:1 - [Glossary](https://docs.alchemix.fi/user/glossary): Key terms defined ### Tutorials - [Take a Loan](https://docs.alchemix.fi/user/tutorials/borrowing-in-alchemix): Step-by-step borrowing walkthrough - [Repay Loan](https://docs.alchemix.fi/user/tutorials/repay-loan): How to repay early or manage debt - [Redeem alAssets](https://docs.alchemix.fi/user/tutorials/redeem-alassets): Using the Transmuter for fixed-rate yield - [Withdraw](https://docs.alchemix.fi/user/tutorials/withdraw): Withdrawing collateral and managing LTV headroom - [Use Passive MYT](https://docs.alchemix.fi/user/tutorials/use-passive-myt): Earning yield without borrowing ### Safety - [Risk Considerations](https://docs.alchemix.fi/user/safety/risk-considerations): Understanding protocol risks - [Security](https://docs.alchemix.fi/user/safety/security): Audits and security practices ### Reference - [Links](https://docs.alchemix.fi/user/links): Official links and resources - [Financial Reports](https://docs.alchemix.fi/user/financial-reports): Protocol financial data - [Independent Research](https://docs.alchemix.fi/user/independent-research): Third-party analyst coverage of Alchemix v3 - [Marketing Material](https://docs.alchemix.fi/user/marketing-material): Brand assets and marketing resources --- ## Developer Documentation ### Architecture - [Overview](https://docs.alchemix.fi/dev/architecture/overview): System architecture and component relationships - [Redemptions](https://docs.alchemix.fi/dev/architecture/redemptions): How redemptions flow through the system - [Security Model](https://docs.alchemix.fi/dev/architecture/security-model): Protocol security architecture ### Alchemist (Core Lending) - [Alchemist Contract](https://docs.alchemix.fi/dev/alchemist/alchemist-contract): Core lending contract reference - [CDP Mechanics](https://docs.alchemix.fi/dev/alchemist/cdp-mechanics): Collateralized debt position internals - [Earmarking](https://docs.alchemix.fi/dev/alchemist/earmarking): How collateral is earmarked for redemptions - [Abstract Fee Vault Contract](https://docs.alchemix.fi/dev/alchemist/abstract-fee-vault-contract): Fee vault implementation - [Alchemist ETH Vault Contract](https://docs.alchemix.fi/dev/alchemist/alchemist-eth-vault-contract): ETH-specific vault - [Alchemist Token Vault Contract](https://docs.alchemix.fi/dev/alchemist/alchemist-token-vault-contract): ERC-20 token vault ### MYT (Mix-Yield Token) - [Mix-Yield Token Overview](https://docs.alchemix.fi/dev/myt/mix-yield-token): MYT design and mechanics - [MYT Contract](https://docs.alchemix.fi/dev/myt/myt-contract): Core MYT vault contract reference - [Alchemist Allocator Contract](https://docs.alchemix.fi/dev/myt/alchemist-allocator-contract): Strategy allocation logic - [Alchemist Curator Contract](https://docs.alchemix.fi/dev/myt/alchemist-curator-contract): Curator role and permissions - [Alchemist Strategy Classifier Contract](https://docs.alchemix.fi/dev/myt/alchemist-strategy-classifier-contract): Strategy risk classification - [Permissioned Proxy Contract](https://docs.alchemix.fi/dev/myt/permissioned-proxy-contract): Proxy permissions ### Transmuter - [Transmuter Overview](https://docs.alchemix.fi/dev/transmuter/overview): Transmuter design and mechanics - [Redemption Mechanics](https://docs.alchemix.fi/dev/transmuter/redemption-mechanics): How redemptions are processed - [Transmuter Contract](https://docs.alchemix.fi/dev/transmuter/transmuter-contract): Contract reference ### Integration Guides - [Integrate Alchemist](https://docs.alchemix.fi/dev/integration/integrate-alchemist): How to integrate the core lending contract - [Integrate Transmuter](https://docs.alchemix.fi/dev/integration/integrate-transmuter): Transmuter integration guide - [Integrate MYT](https://docs.alchemix.fi/dev/integration/integrate-myt): MYT vault integration guide - [Using alAssets](https://docs.alchemix.fi/dev/integration/using-alassets): Building with alUSD and alETH - [Grants Program](https://docs.alchemix.fi/dev/integration/grants-program): Funding for builders ### Contract Addresses - [Ethereum](https://docs.alchemix.fi/dev/contracts/ethereum): Mainnet contract addresses - [Optimism](https://docs.alchemix.fi/dev/contracts/optimism): OP Mainnet contract addresses - [Arbitrum](https://docs.alchemix.fi/dev/contracts/arbitrum): Arbitrum One contract addresses ### Reference - [Developer FAQ](https://docs.alchemix.fi/dev/faq): Common integration and contract questions --- ## Governance - [Governance Overview](https://docs.alchemix.fi/governance/intro): How the Alchemix DAO works - [Governance Process](https://docs.alchemix.fi/governance/onchain/governance-process): Proposal lifecycle - [On-Chain Infrastructure](https://docs.alchemix.fi/governance/onchain/onchain-governance-infrastructure): Governance contracts - [Contract Roles](https://docs.alchemix.fi/governance/guides/contract-roles): Permission model - [MYT Strategies](https://docs.alchemix.fi/governance/guides/myt-strategies): How the DAO manages yield strategies --- ## For Projects / Integrators - [Why Integrate](https://docs.alchemix.fi/projects/why-integrate/use-cases): Use cases for integrating Alchemix - [Feature Comparison](https://docs.alchemix.fi/projects/why-integrate/feature-comparison): Alchemix vs other lending protocols - [Getting Started](https://docs.alchemix.fi/projects/how-to/getting-started): Integration quick start - [Friendly Fork](https://docs.alchemix.fi/projects/how-to/friendly-fork): How to fork Alchemix - [Apply to Partner](https://docs.alchemix.fi/projects/contact/apply-to-partner): Partnership enquiries - [Co-Marketing](https://docs.alchemix.fi/projects/support/co-marketing): Joint marketing opportunities - [Brand Assets](https://docs.alchemix.fi/projects/support/brand-assets): Logos and brand guidelines - [Security (Projects)](https://docs.alchemix.fi/projects/support/security): Security resources for partners - [Projects FAQ](https://docs.alchemix.fi/projects/faq): Common integration questions --- ## Machine-Readable Resources - [Full Documentation (Markdown)](https://docs.alchemix.fi/llms-full.txt): All docs concatenated for AI ingestion