Case Study: Symphony achieves $500M+ in savings app transaction volume with Alchemy

Symphony processes $500M+ in transactions with Alchemy

Symphony is a mobile savings app that rewards users for saving, offering a fixed 5% APY. Their challenge was creating a seamless financial user experience that masked the underlying complexity of their multi-chain, onchain infrastructure, ensuring deposits and withdrawals felt simple and not like blockchain transactions. They partnered with Alchemy to achieve this.

The solution built on Alchemy utilized their programmable wallet infrastructure and gasless transactions to abstract away all blockchain complexity for the end-user. This implementation allowed Symphony to process over $500 million in transaction volume with a 100% success rate for their RPC requests across six chains, providing the proven reliability required for a consumer financial product.

Symphony