Case Study: Element.Fi achieves 10x faster development cycles with Alchemy

Element.Fi sees massive performance benefits after switching to Alchemy

Element.Fi is an open-source DeFi protocol for fixed and variable yield markets, and its team needed infrastructure that could match the stability of its fixed-rate products. After comparing providers, they turned to Alchemy as their developer platform, using Alchemy’s Supernode and related tooling to replace their previous setup and improve reliability, latency, and support.

With Alchemy, Element.Fi cut latency by 50% and sped up development cycles by 10x, while eliminating the need for backup infrastructure. Alchemy’s dashboard and Explorer helped the team monitor and debug blockchain requests more easily, and its 24/7 human support helped Element scale to more than 26,000 users and roughly $300M in trading volume with consistent uptime.

Element.Fi

Jonny Rhea

Co-Founder & CTO