- Back to menuPrices
- Back to menuResearch
- Back to menuConsensus
- Back to menu
- Back to menu
- Back to menu
- Back to menuWebinars & Events
ALEX Lab
About ALEX Lab
ALEX Lab is a cryptocurrency and DeFi protocol on Bitcoin via Stacks' smart contracts, aimed at providing a comprehensive DeFi platform. Governed by the non-profit ALEX Lab Foundation, it facilitates the decentralized finance ecosystem on Bitcoin, emphasizing lending, borrowing, and derivative products through smart contracts.
ALEX Lab (ALEX) is a cryptocurrency that operates on the Stacks platform. It is an open-source Decentralized Finance (DeFi) protocol on Bitcoin, utilizing Stacks' smart contracts. ALEX Lab is designed to contribute to the financial infrastructure of Web3. Its native token, $ALEX, is used to incentivize users involved in Decentralized Exchange (DEX) liquidity provision and staking. Emissions of $ALEX are designed to drive adoption and community engagement sustainably.
ALEX Lab serves as a one-stop DeFi services platform on Bitcoin, via Stacks. The platform is designed to initiate the shift in DeFi by starting with basic lending and borrowing of Bitcoin. The smart contracts that govern these loans can be used to create bonds and other derivative products, providing leverage and other functions of higher finance. This system aims to replace traditional financial instruments with decentralized algorithms of an Automated Liquidity Exchange or ALEX. The platform also includes features like the ALEX Launchpad, which allows emerging projects to launch their tokens through a decentralized Initial DEX Offering (IDO) lottery.