Alephium Launches Powfi to Strengthen ALPH Utility with Concentrated Liquidity and Liquid Staking
Alephium has launched Powfi, its core DeFi application, on mainnet. This marks the activation of 'Phase Two: Aligned Economics', introducing foundational liquidity and staking layers designed to strengthen ALPH utility.
Powfi combines a high-performance Concentrated Liquidity Market Maker (CLMM) DEX with liquid staking through xALPH. The CLMM introduces concentrated liquidity, allowing liquidity providers to allocate capital within specific price ranges and enabling more efficient on-chain trading markets.
The initial foundational market is ALPH x USDT, creating an on-chain liquidity venue for ALPH that can compete for trading flow alongside ALPH markets on centralized exchanges like Bitget, MEXC, and Gate. Through the Alephium Bridge, this also connects liquidity across Uniswap, PancakeSwap, and Powfi.
The second foundational layer is xALPH, Powfi's liquid staking primitive. Users can now stake ALPH and receive xALPH, a liquid representation of their staked ALPH that can remain usable across DeFi.