Overview

Powfi — Core product surfaces

Launched on September 22, 2026, Powfi introduces two complementary foundations for ALPH DeFi: CLMM and xALPH. The CLMM brings concentrated liquidity to ALPH, allowing liquidity providers to allocate capital within specific price ranges, with the first key market being ALPH × USDTeth (Ethereum-bridged USDT). Powfi also supports CPMM pools as an additional, more traditional liquidity model. xALPH is Powfi’s liquid staking layer: users stake ALPH and receive xALPH, representing their staked ALPH while remaining usable in supported pools and applications. Powfi runs incentive campaigns for liquidity providers and stakers: ALPH × USDTeth farming and xALPH staking have been live since mainnet launch (see Incentives).

CLMM — Concentrated liquidity

Powfi’s CLMM allows liquidity providers to allocate capital within specific price ranges, making liquidity more efficient than traditional AMMs. The first key market is ALPH × USDTeth (Ethereum-bridged USDT), creating an on-chain liquidity venue for ALPH that can compete for trading flow with centralized exchanges.

CPMM — Constant-product liquidity

Powfi also supports CPMM pools, providing a traditional liquidity model alongside its concentrated-liquidity markets. While CLMM is the key liquidity layer highlighted for ALPH DeFi, CPMM gives Powfi an additional pool design for token markets.

xALPH — Liquid ALPH staking

xALPH represents staked ALPH and can be used in supported pools and applications. Current support includes swapping xALPH and providing liquidity in Powfi’s ALPH/xALPH pool.

Cross-chain liquidity

Powfi integrates the Alephium Bridge at powfi.alephium.org/bridge, so you can move supported assets between Alephium, Ethereum, and BSC without leaving Powfi. The bridge itself runs on the Alephium Bridge’s own contracts, separate from Powfi’s.

ALPH alignment

Powfi introduces an alignment mechanism where a share of protocol fees is used to buy back ALPH. The purchased ALPH is then split: 50% is burned and 50% is distributed to stakers. Protocol activity therefore feeds back into ALPH.

Incentives

Two incentive campaigns, ALPH × USDTeth farming and xALPH staking, have been live since the launch of Powfi on mainnet, details below. Round 0 started on September 22nd 2026, and will be re-evaluated on a monthly basis. ALPH × USDTeth CLMM Round 0 farming overview: xALPH staking Round 0 campaign overview: The images above show planning targets, not guaranteed returns. Powfi displays estimated APR; APY assumes compounding and is not interchangeable with APR.