Almanak, a prominent player in the DeFi and AI sectors, currently holds a Total Value Locked (TVL) of approximately $120 million. This figure, slightly below its recent peak, remains stable despite a $20 million outflow earlier this week. Over the past 24 hours, the platform generated $14,000 in fees and over $3,000 in revenue, indicating consistent income from its AI-managed vaults. The platform is managing $50 million in alUSD within its previous pool contract, with $78 million pending transfer and $25 million allocated between Curve and Pendle. A new alUSD pool on Pendle is operational, set to mature on December 11, following the expiration of the previous pool on October 23. The migration pace has been slower than anticipated. The yt-alUSD offers an APY of approximately 15.9%, leveraging a 5x multiplier in its points program, though less than $20 million of the TVL is currently earning points. The Builder (formerly Kitchen) will be fully available to the public around November 27, with the TGE schedule expected shortly after the pool's maturity on December 11.
Almanak Maintains Stability with $120M TVL Amid Market Fluctuations
This content is for informational purposes only and does not constitute investment advice.
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