Is alETH safe on Optimism?
Straight answer: safety is not a verdict to take from us or anyone. What we can give you is better — the reproducible on-chain facts and the tools to check them yourself. Here is what alETH (Alchemix ETH) shows right now.
0x3e29d3a9316dab217754d13b28646b76607c5f04Opens the swap with alETH pre-filled on Optimism — on-chain quote, clamped to real pool depth, you set the slippage and review before signing. Verify first (below); trade only if you choose to.
Check it yourself — don't trust, verify
- 🔍 Live phantom-liquidity scan. Run alETH through the free Pool X-Ray — it compares each pool's advertised depth against what it actually holds on-chain (
balanceOf). Advertised ≫ real = phantom liquidity. - 📖 Read the contract. alETH on the block explorer — holders, transfers, and whether the source is verified.
- 💧 Inspect the pools. open the market on DexScreener · GeckoTerminal — the live-market sources these numbers cross-check against.
- ⚡ Trade it non-custodially. Swap into alETH on BlazePhoenix — the quote is computed on-chain and clamped to real pool depth; set your own slippage before signing.
Go deeper
- 📚 Understand the risk: Phantom liquidity · Honeypot tokens · How to swap safely
- 🛰️ More on the Token Radar: BZPX (Base) · QUID (Base) · AERO (Base) · ASTEROID (Ethereum) · IF (robinhood) · FWA (Ethereum)
The pools these numbers come from
| DEX | Pair | Liquidity | 24h vol |
|---|---|---|---|
| velodrome | alETH/WETH | $2,454,981 | $20,710 |
| velodrome | pxETH/alETH | $110,286 | $3.78 |
| velodrome | frxETH/alETH | $73,506 | $12.51 |
| velodrome | alETH/alUSD | $67,269 | $17,213 |
Snapshot read from DexScreener at 2026-08-05T00:09:32.512Z — a snapshot, not a live feed; open the links above for the current state. Liquidity figures are the venues' own reported numbers; the X-Ray scan is what tests them against on-chain reserves. This page lists only tokens whose pools cleared a real-liquidity gate ($50,000); it makes no claim about the project behind the token. Data under CC BY 4.0.