> ## Documentation Index
> Fetch the complete documentation index at: https://docs.powfi.alephium.org/llms.txt
> Use this file to discover all available pages before exploring further.

# Overview

> What Powfi is: concentrated and constant-product liquidity, xALPH liquid staking, ALPH alignment, and incentives.

## Powfi — Core product surfaces

Launched on September 22, 2026, [Powfi](https://powfi.alephium.org/) 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](#incentives)).

![Powfi foundations: CLMM and xALPH](https://github.com/user-attachments/assets/53cc7449-22b7-4492-a52e-9cb4141faa02)

### 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](https://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.

![ALPH alignment: protocol fees buy back ALPH, 50% burned and 50% to stakers](https://github.com/user-attachments/assets/f217c020-5e63-4728-b9f6-0d6682e1c5b9)

### 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:**

![ALPH × USDTeth CLMM Round 0 farming overview](https://github.com/user-attachments/assets/d5472012-5f98-4a43-a1fe-624e71d1c77a)

**xALPH staking Round 0 campaign overview:**

![xALPH staking Round 0 campaign overview](https://github.com/user-attachments/assets/5ae92853-80ba-4643-b789-a68fa4dbd6f2)

*The images above show planning targets, not guaranteed returns. Powfi displays estimated APR; APY assumes compounding and is not interchangeable with APR.*


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