Is alUSD 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 alUSD (Alchemix USD) shows right now.

alUSD contract · Optimism
0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a
Copy it and paste it into the swap to trade it, or open it on the block explorer. Always verify the address, not the name.
Real pool liquidity
$1,722,691
24h volume
$107,820
Price
$0.94
Pools
4
Chain
Optimism
Read at
2026-08-26
Trade alUSD on BlazePhoenix ›

Opens the swap with alUSD 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.

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Check it yourself — don't trust, verify

alUSD on Optimism — questions people ask

How do I buy alUSD on Optimism?
Connect any wallet and paste the alUSD contract address (0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a) into BlazePhoenix on Optimism. The Quoter contract computes the quote on-chain, clamped to real pool depth; you set your own slippage and review before signing. No account, no KYC, no allowlist.
Is alUSD a honeypot or a scam?
BlazePhoenix does not label any token safe or scam. Instead you measure it: compare the advertised depth of each alUSD pool against its on-chain balanceOf, and test the sell path with a dust-sized trade before committing real size — a honeypot cannot deliver on the way out. Read the contract on the block explorer too. The facts are reproducible; the judgement is yours.
How much liquidity does alUSD have on Optimism?
As of 2026-08-26, alUSD shows $1,722,691 of real pool liquidity and $107,820 of 24h volume across 4 pool(s), read from DexScreener. Confirm it yourself by calling balanceOf on each pool address listed on this page.
Can I sell alUSD after buying it?
Test it before you need it: buy a dust-sized amount and sell it straight back, and measure what actually comes home. A token that blocks selling fails that round trip while the stake is still trivial. Never assume a sell will work — verify the round trip first.

Turnover (24h volume ÷ liquidity): 24h volume is a small fraction of pooled liquidity (6%) — quiet trading relative to the depth shown.

Go deeper

The pools these numbers come from

DEXPairLiquidity24h vol
velodromealUSD/USDC$1,553,105$78,772
velodromeDOLA/alUSD$87,198$908.1
velodromealETH/alUSD$33,152$26,305
velodromealUSD/USDC$29,948$1,615

Snapshot read from DexScreener at 2026-08-26T23:39:44.033Z — a snapshot, not a live feed; open the links above for the current state. Liquidity figures are the venues' own reported numbers; only a balanceOf against each pool 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.