Alchemy Pay
ACH
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Alchemy Pay (ACH) demonstrates strong operational fundamentals as an established crypto-fiat gateway provider with extensive global coverage (173+ countries), proprietary L1 development (Alchemy Chain), and a rigorous regulatory profile holding Money Transmitter Licenses across 19 U.S. states. Active development is strong (8.0/10) with mainnet launches and regular SDK upgrades. Community support (7.0/10) and market presence (7.0/10) are solid with active social engagement and tier-1 exchange support on Binance, Coinbase, and OKX. Tokenomics (6.8/10) and governance (6.8/10) reflect robust utility and experienced leadership from traditional fintech institutions, though supply cap expansion to ~15.3B ACH presents potential dilution, and governance remains relatively centralized. Security and audit history (4.8/10) reflects zero exploits or regulatory enforcement actions alongside a Tier-A CertiK rating; its lower section score was driven strictly by the severe ~97.5% drawdown from all-time highs under the price crash rule, which does not constitute a qualifying red-flag event under overall scoring guidelines. No data gaps were identified.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Alchemy Pay (ACH)
Alchemy Pay (ACH) is a crypto-fiat infrastructure provider founded in Singapore in 2017. The platform provides fiat on- and off-ramps supporting over 173 countries and 50 fiat currencies, crypto card issuing via Visa and Mastercard networks, merchant payment processing, and real-world asset (RWA) fiat gateways. Originally launched on Ethereum in September 2019, the project expanded its infrastructure with the development of the Alchemy Chain Layer-1 blockchain.
The ACH token functions as the native gas asset on Alchemy Chain, B2B staking collateral, and a mechanism for fee discounts, supplemented by a revenue-driven buyback model. The token initially launched with a fixed 10 billion supply that fully vested by late 2025. In 2026, a community vote expanded the maximum supply cap to 15,346,246,088 ACH to support Alchemy Chain operations, introducing a disinflationary emission model with an initial inflation rate of approximately 6%.
Alchemy Pay maintains regulatory registrations across several jurisdictions, including Money Transmitter Licenses across 19 U.S. states as well as registrations in Australia, South Korea, Switzerland, and Hong Kong. Governance remains centralized under a committee-led structure rather than an autonomous on-chain DAO. While the project reports no smart contract exploits, ACH has experienced substantial market drawdown, declining approximately 97.5% from its August 2021 all-time high of $0.1987 to trade near $0.0049. In addition, the token was delisted from secondary trading platforms, including ProBit in April 2024 and Kriptomat in April 2026, while maintaining listings on major centralized exchanges.