What is Alkimiya?

Alkimiya is a decentralized blockspace markets protocol that introduces a novel way to trade and settle synthetic blockspace assets through a peer-to-peer smart contract system. By transforming fundamental blockchain performance metrics—such as gas fees, validator yields, or block production—into tradable instruments, Alkimiya creates transparent, onchain markets for blockchain infrastructure. This approach allows participants to hedge, speculate, or secure blockspace exposure based on real network activity, rather than relying solely on token price speculation. Backed by $7.2 million in funding from leading investors including Coinbase Ventures, Dragonfly, Circle, and 1kx, Alkimiya is pioneering financial infrastructure for the blockchain economy.