AladdinDAO
AladdinDAO is a DAO-governed DeFi ecosystem on Ethereum offering Concentrator (yield optimizer), CLever (yield tokenization), and f(x) Protocol (ETH/WBTC leverage with fxUSD stablecoin), serving yield farmers, listed DeFi protocols, and expert DeFi participants via self-serve web apps.
- Company typePrivate
- Founded2023
- HeadquartersNew York, United States
- Headcount—
- GTM typeB2C
- OfferingSoftware
What AladdinDAO does
AladdinDAO is a decentralized autonomous organization (DAO) that operates a multi-product DeFi yield and trading ecosystem on Ethereum, with no formal legal entity and community-based token governance. Its flagship products are Concentrator, a yield optimizer that auto-compounds Convex/Convex-Frax/Stake DAO/Pendle vault rewards into wrapper tokens (aCRV, aFXS, asdCRV, asdPENDLE, etc.) at a 10% treasury fee plus 2% harvest fee; CLever, a yield-tokenization platform that lets users deposit CVX, FRAX, CRV, LUSD, or TUSD to claim future yields today via clevCVX/clevUSD tokens and a Furnace redemption mechanism; and f(x) Protocol, a decentralized leverage trading platform that mints fxUSD, a stablecoin fully backed by Lido stETH, and offers up to 7x long or short ETH/WBTC exposure with a Liquidation Brake rebalancing feature and zero funding costs under normal conditions. The ecosystem also includes the AladdinDAO V2 core protocol (bonding-based on-demand ALD issuance, xALD staking with rebase rewards, Protocol Owned Liquidity), the Aladdin Bridge (LayerZero-powered Ethereum-to-Base transfers), and a MerkleTree-based airdrop portal.
The platform monetizes through transaction and yield-based fees collected by Concentrator, f(x), and CLever, with revenue distribution governed by ve-token locks (veCTR, veCLEV, veFXN) and snapshot-based DAO voting. Its target users are DeFi yield farmers, listed DeFi protocols seeking community endorsement from the Boule Council of expert participants, and the broader DAO membership contributing capital and governance. Distribution is entirely self-serve via web apps (app.aladdin.club, concentrator.aladdin.club, clever.aladdin.club, fx.aladdin.club, bridge.aladdin.club, airdrop.aladdin.club) and direct smart contract interaction, supported by Discord, Medium, GitBook, GitHub, Telegram, and Snapshot governance forums. Security is a stated emphasis, with 16 audits completed by Trail of Bits, SECBIT Labs, PeckShield, and OpenZeppelin, plus a tiered bug bounty program paying up to $500,000 for critical vulnerabilities.
AladdinDAO firmographics
Firmographics- Name
- AladdinDAO
- Legal name
- AladdinDAO
- Website
- https://aladdin.club
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Short description
- AladdinDAO is a DAO-governed DeFi ecosystem on Ethereum offering Concentrator (yield optimizer), CLever (yield tokenization), and f(x) Protocol (ETH/WBTC leverage with fxUSD stablecoin), serving yield farmers, listed DeFi protocols, and expert DeFi participants via self-serve web apps.
- Ownership category
- akta.pro rank
AladdinDAO industry classification
Industry- Product category
- Decentralized Finance (DeFi) Protocols
- NAICS
- Commodity Contracts Intermediation (523160), Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield) (FSADAHAK)
- akta.pro secondary industry
- Derivatives, Perpetuals & Options Protocols (FSADAMAC)
Keywords
Where AladdinDAO is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
AladdinDAO business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Trading/Transaction Fees: f(x) Protocol generates revenue through trading fees from leveraged positions, with fees from xPOSITION/sPOSITION opening and trading. The stability pool earns yields from stETH staking, position opening fees, and FXN token emissions.
- Yield Optimization Fees (Concentrator): Concentrator charges a 10% treasury fee and 2% harvest fee on yields generated through its auto-compounding vaults. Fees are collected during the harvest process and distributed to Treasury and Keeper respectively.
- Platform Fees (CLever): CLever generates platform fees through veCLEV governance and revenue distribution from CVX, FRAX, and CRV strategies. The PlatformFeeDistributor allocates revenue to veCLEV holders.
- Bonding Revenue: Revenue from bond sales where ALD tokens are minted equivalent to bond sale value, with 5% allocated to ALDDAO holders and 95% reserved for boule/boule plus/talent hunter incentives.
- CTR Token Emissions: Concentrator's CTR token (max supply 5,000,000) is distributed through IFO farming with 50% allocated to IFO farmers. CTR holders can lock for up to 4 years to earn veCTR governance rights and platform revenue shares.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Concentrator Yield Optimization Fee |
| Other | Pay-as-you-go | Security Bug Bounty Rewards |
| Subscription | Pay-as-you-go | Concentrator Harvester Access |
Go-to-market motion2 records
Distribution channels7 records
Marketing channels8 records
AladdinDAO product offering
Product offeringCore offering
AladdinDAO operates a multi-product DeFi ecosystem on Ethereum that delivers automated yield optimization through the Concentrator auto-compounding vaults for Curve, Convex, Frax, Stake DAO, and Pendle positions; future-yield tokenization via CLever for CVX, FRAX, and CRV; and decentralized leveraged trading and stablecoin issuance (fxUSD backed by wstETH/WBTC) via the f(x) Protocol, all governed by a community DAO with a Boule Council of DeFi experts.
Product overview
AladdinDAO is a DeFi yield optimization ecosystem built as a platform of interconnected products. The core V2 protocol provides on-demand token issuance via Bonding and Staking mechanisms. Concentrator (yield optimizer) boosts Convex Finance yields by auto-compounding into aCRV and aFXS tokens. CLever enables claiming future DeFi yields today by depositing CVX, FRAX, or other tokens. f(x) Protocol is the leverage trading and stablecoin platform, minting fxUSD backed by stETH with fixed leverage positions up to 7x. The Aladdin Bridge provides cross-chain connectivity between Ethereum and Base. MerkleTree handles token distributions. All products are governed by DAO token holders with Boule Council strategy selection.
Differentiator
Problem solved
Functional benefit
Brands
- Concentrator: Yield enhancer that boosts yields on Convex vaults by auto-compounding rewards into top-tier tokens aCRV (cvxCRV wrapper) and aFXS (cvxFXS wrapper). Users deposit Curve LP tokens or zap into strategies, funds are staked in Convex vaults, and rewards are harvested and swapped to auto-compounding tokens.
- CLever
- f(x) Protocol
- CTR (Concentrator Token)
- CLEV
- fxUSD
- FXN
Products and services
- f(x) Protocol (Legacy V1) Original version of f(x) Protocol providing variable-leverage xTokens on ETH and WBTC; creates fETH as a low-volatility fractional ETH token and xETH as a leveraged ETH perpetual position, backed by stETH and WBTC.
- Concentrator Yield optimizer that auto-compounds rewards from Curve, Convex, Frax, Stake DAO, and Pendle LP positions into wrapper tokens such as aCRV (cvxCRV), aFXS (cvxFXS), asdCRV (Stake DAO sdCRV), asdPENDLE, abcCVX, afrxETH (Frax frxETH), and cvxFXN; charges 10% treasury fee and 2% harvest fee.
- CLever Yield tokenization platform allowing users to deposit CVX, FRAX, CRV, LUSD, and TUSD into collateral strategies and claim future yields today, with clevCVX/clevUSD products, a Furnace for discount redemption, and a CLEV Locker that boosts governance power and farming yields up to 2.5x.
- f(x) Protocol Decentralized on-chain trading platform enabling up to 7x long or 6x short leverage on ETH and WBTC using fixed-leverage xPOSITION/sPOSITION positions, with a Liquidation Brake rebalancing mechanism and zero funding costs under normal circumstances; also mints and manages fxUSD, a 100%-collateralized stablecoin backed by wstETH and WBTC.
- AladdinDAO V2 Protocol Core AladdinDAO V2 protocol offering on-demand ALD token issuance via bonding (trading assets or LP shares for discounted ALD with vesting), 1:1 xALD staking with rebase rewards at an initial 3.5% RewardRate per epoch (6,400 blocks) and 9-day linear vesting, Vaults that auto-bond farming yields, and Protocol Owned Liquidity funded through bonding proceeds.
- Aladdin Bridge Cross-chain bridge for transferring assets between Ethereum and Base networks, powered by LayerZero Labs' omnichain interoperability protocol.
- MerkleTree Airdrop MerkleTree-based token claim interface that handles AladdinDAO ecosystem token distributions (ALD, CTR, CLEV) and retroactive airdrops such as cvxPRISMA and YB token distributions.
Quantifiable outcome
- Boost Convex yields by 20%+ through Concentrator auto-compounding
- +3 more outcomes
Companies that use AladdinDAO
Customer profileSegments3 records
Ideal customer profiles5 records
AladdinDAO technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature10 records
AladdinDAO partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- LayerZero LabscoreAladdin Bridge uses LayerZero's omnichracter interoperability protocol for cross-chain messaging between Ethereum and Base network. The bridge relies on third-party services provided by LayerZero Labs for cross-chain asset transfers.
- Curve FinancecoreConcentrator is built on top of Curve Finance's liquidity pools, optimizing yields from Curve LP positions through Convex integration. aCRV represents auto-compounded cvxCRV from Curve staking.
- Convex FinancecoreConcentrator maximizes Convex Finance APYs by concentrating rewards and providing auto-compounding vaults for Convex vault users. CLever also integrates with Convex for CVX yield strategies.
- Lido Financecoref(x) Protocol uses Lido's stETH as the primary collateral for fxUSD stablecoin. The protocol's stability pool yields come from stETH staking rewards.
- Frax FinancecoreCLever works with FRAX for stablecoin yield strategies. Concentrator includes aFXS vaults for cvxFXS from Frax Finance ecosystem. Frax USDC pairs supported in CLever strategies.
- Stake DAOcoreConcentrator integrates with Stake DAO through asdCRV and sdPENDLE vaults, providing auto-compounding for Stake DAO LP positions and delegating veSDT voting power.
- ChainlinkcoreChainlinkPriceOracle is used for price data feeds in AladdinDAO V2 contracts for accurate asset valuations in bonding and staking mechanisms.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
AladdinDAO competitors and assessment
Company assessmentBroad incumbents
- Synthetix: Synthetix is a long-standing decentralized synthetic-asset and perpetuals platform whose staked-collateral model and oracle-based debt issuance are conceptually adjacent to f(x) Protocol's fxUSD stablecoin and leveraged xPOSITION design.
- Curve Finance: Curve is the foundational AMM that Concentrator, CLever, and f(x) all integrate with for liquidity and yield; it is also a broad incumbent whose veCRV tokenomics define the yield-aggregation ecosystem these protocols build upon and compete against.
Direct peers
- GMX: GMX is a decentralized perpetual exchange offering leveraged ETH/BTC trading that directly overlaps with f(x) Protocol's core offering; f(x) differentiates with zero funding costs and Liquidation Brake vs GMX's borrow-fee model.
- Yearn Finance: Yearn is the original DeFi yield aggregator with auto-compounding vaults and strategy routing; Concentrator is a Curve/Convex-specialized descendant competing for the same yield-farming user base with different fee and lock-up economics.
- Beefy Finance: Beefy is a multi-chain auto-compounding vault platform that performs the same yield-aggregation function as Concentrator across Curve/Convex/Aave/Compound deposits, directly competing for TVL from the same yield-farmer segment.
- Convex Finance: Convex Finance is the underlying yield protocol that Concentrator auto-compounds on top of - competing directly for users of cvxCRV/cvxFXS and the dominant booster of Curve LP yield, making it the closest comparable in yield aggregation mechanics.
- Frax Finance: Frax is both a partner and competitor - its FRAX stablecoin, frxETH collateral, and Curve/Convex integrations overlap with CLever's clevUSD products and f(x)'s frxETH support, making it a directly adjacent stablecoin and yield-tokenization competitor.
- Stake DAO: Stake DAO offers sdCRV/sdPENDLE auto-compounding vaults and Curve/Convex yield strategies that directly overlap with Concentrator's asdCRV and asdPENDLE vaults, plus shared ve-token governance models.
- Pendle Finance: Pendle is a yield-tokenization protocol that splits yield-bearing assets into PT/YT - directly comparable to CLever's mechanism of letting users claim future yields from CVX/FRAX/CRV today.
Emerging players
- Gains Network (gTrade): Gains Network is a decentralized leveraged-trading platform on Arbitrum/Polygon competing for the same on-chain perp trader base as f(x) Protocol, with similar synthetic-asset mechanics though without the zero-funding-cost pitch.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
AladdinDAO social profiles
Digital presenceAladdinDAO compliance and trust
Trust signalCompliance4 records
AladdinDAO financial estimates
Financial estimateRevenue estimate
Valuation estimate
AladdinDAO leadership team
Management profileNumber of profiles
AladdinDAO funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AladdinDAO M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AladdinDAO
What does AladdinDAO do?
AladdinDAO operates a multi-product DeFi ecosystem on Ethereum that delivers automated yield optimization through the Concentrator auto-compounding vaults for Curve, Convex, Frax, Stake DAO, and Pendle positions; future-yield tokenization via CLever for CVX, FRAX, and CRV; and decentralized leveraged trading and stablecoin issuance (fxUSD backed by wstETH/WBTC) via the f(x) Protocol, all governed by a community DAO with a Boule Council of DeFi experts.
Is AladdinDAO a public or private company?
AladdinDAO is a private company. It is classified as unknown and is currently operating.
When was AladdinDAO founded?
AladdinDAO was founded in 2023.
Where is AladdinDAO based?
AladdinDAO is headquartered in New York, United States, in the North America region.
How does AladdinDAO make money?
Five revenue lines are on record. Trading/Transaction Fees are the primary driver. The others are yield Optimization Fees (Concentrator), platform Fees (CLever), bonding Revenue and CTR Token Emissions.
Who are AladdinDAO's main competitors?
Broad incumbents on record are Synthetix and Curve Finance. Direct peers are GMX, Yearn Finance, Beefy Finance, Convex Finance, Frax Finance, Stake DAO and Pendle Finance. Gains Network (gTrade) is listed as an emerging player.
Does AladdinDAO have an API?
No public API is recorded for AladdinDAO.
What industry is AladdinDAO in?
AladdinDAO's product category is Decentralized Finance (DeFi) Protocols. Its primary akta.pro industry code is FSADAHAK, Yield Aggregators, Auto-Compounding & Strategy Vaults (DeFi Yield), with a secondary code of FSADAMAC, Derivatives, Perpetuals & Options Protocols. Its NAICS code is 523160 and its SIC code is 6200.