Staking · Review
ActiveAlgem Review 2026: Liquid Staking and Farming on Astar
Algem is a liquid staking and liquid farming dApp built on Astar Network that gives users tokens such as nASTR in return for staked assets. It has audits listed, but its tracked TVL is very small.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.2/10
Mixed
Our verdict on Algem
5.2/10Algem suits ASTR holders and Astar DeFi users who want a liquid receipt token for staked assets and are happy to read audits and docs first. Its strength is a clear liquid staking design with a 1:1 nASTR token and several published audit reports. The main caveat is size: roughly $20.6K TVL, a falling 7-day trend and signs of reduced recent activity suggest higher exit and liquidity risk. Treat it as a small, speculative position.
Score breakdown
How Algem scores
- Security
- 5.5/10
- Ease of use
- 6.0/10
- Fees
- n/a
- Features
- n/a
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Algem?
Algem is a liquid staking dApp on Astar Network. DefiLlama lists it under Liquid Staking and has tracked it since July 2022. Its original offer was ASTR liquid staking and liquid lending, which has since grown into a broader liquidity product set.
The current homepage focuses on Liquid Farming. Users supply tokens to partner DEX pools, receive a liquid token such as lfETH, and earn from several reward sources. The ecosystem list names ArthSwap and Astar Degens, and the docs also describe an NFT collection.
Activity looks small. DefiLlama shows TVL of about $20,637, down 9.7% over seven days. The homepage footer is dated 2024 and the newest docs results date from early 2025, so check the app and official channels for current status.
How Algem works
Liquid staking normally locks tokens to help secure a network and earn rewards. With Algem, you deposit ASTR and receive nASTR at a 1:1 ratio, per the docs. The nASTR is a receipt you can hold or use elsewhere while the original ASTR stays staked.
The Liquid Farming product follows a similar pattern. You supply tokens to pools on partner DEXs, then receive a liquid token such as lfETH that matches your position. The homepage says rewards come from ALGM incentives, AMM fees and farming rewards on the liquid token.
Liquid Loan is a derivative product where users lend ASTR to support projects and stay liquid, according to the docs. The exact mechanics of each product are in the documentation and are worth reading before depositing.
7 features
Key features
01
ASTR liquid staking
Deposit ASTR and receive nASTR at a 1:1 ratio, according to the docs. The token keeps your staked position liquid.
02
Liquid Staking V2
The docs describe a newer liquid dApp staking V2.0 as an evolution of the V1.5 architecture.
03
Liquid Farming
Supply tokens to pools on partner DEXs and receive a liquid token such as lfETH that matches your position.
04
Triple reward stream
The homepage lists ALGM incentives, AMM fees and liquid-token farming rewards as three reward sources.
05
Liquid Loan
The docs describe Liquid Loan as a way to lend ASTR to projects while staying liquid.
06
Published audit reports
The homepage links reports for ALGM tokenomics, Liquid Farming, ALGM Staking and Liquid Staking V1.5.
07
Ecosystem partners
The ecosystem list names ArthSwap and Astar Degens, and the docs mention an Algem NFT collection.
Pros and cons
What we like
- Native liquid staking for ASTR with a documented 1:1 nASTR receipt token.
- Audit reports linked on the homepage for several products, and two audits listed on DefiLlama.
- Docs describe a V2 liquid staking design as an evolution of V1.5.
- Liquid tokens let positions stay usable in other protocols while earning.
- Product docs, a blog and community channels are available for research.
Watch out for
- TVL is only about $20,637 on DefiLlama and fell 9.7% over the last 7 days, which points to very little activity.
- The homepage footer reads 2024 and the newest docs entries found date from early 2025, so how actively it is maintained is unclear.
- Rewards depend on partner DEXs and ALGM incentives, which adds smart-contract and token-price risk beyond plain staking.
- Some products are marked as coming soon, and the Soneium farming test was on a testnet.
- Liquid tokens like nASTR and lfETH can trade away from their underlying value, and fees are not clearly published.
Algem fees
Fees are not stated publicly available. The homepage and docs excerpts do not give staking commissions, farming fees or loan costs.
The docs and the app are where users would see current fee and reward terms. Partner DEX pools also charge their own AMM fees, and network transaction fees apply on top.
Is Algem safe?
The homepage links audit reports for the ALGM tokenomics, Liquid Farming, ALGM Staking and Liquid Staking V1.5, and DefiLlama lists two audits. The project does not say who the auditors were or what they found, so read the reports before depositing.
Users face smart-contract risk, partner DEX risk when farming, and the chance that a liquid token trades below the value of its underlying position. A very low TVL can also mean thin liquidity for exiting. The project does not mention any hack or incident, and they do not describe regulatory status.
6 steps
How to get started with Algem
- 1
Check the official site and docs to confirm which products are live, as some are marked coming soon.
- 2
Read the audit reports linked on the homepage and the risk management section of the docs.
- 3
Set up a wallet compatible with Astar Network and hold some ASTR plus a little for gas.
- 4
Open the app from the official site and deposit ASTR into liquid staking to receive nASTR.
- 5
If you want farming, choose a supported partner protocol or pool and review its risks first.
- 6
Start with a small amount and monitor your position, rewards and the liquid token's price.
Who Algem is for
Algem is for experienced DeFi users who hold ASTR or are curious about Astar's ecosystem and want liquid staking or liquid farming exposure. It is not suited to beginners, or to anyone who cannot accept smart-contract risk and thin liquidity.
Algem FAQs
What is Algem?
Algem is a DeFi dApp on Astar Network. It offers liquid staking for ASTR and a liquid farming product, so users can earn rewards while keeping a tradable token for their position.
What is nASTR?
According to the Algem docs, depositing ASTR into liquid staking returns the same amount of nASTR at a 1:1 ratio. You can then use nASTR in other supported protocols while the original ASTR stays staked.
Does Algem have a token?
The homepage mentions an ALGM token used for incentives, but DefiLlama lists no token for the project. Check the official docs for current token details before relying on it.
Is Algem audited?
The homepage links audit reports for the ALGM tokenomics, Liquid Farming, ALGM Staking and Liquid Staking V1.5, and DefiLlama lists two audits. An audit lowers risk but does not remove it, so read the reports yourself.
Is Algem safe to use?
Not necessarily. The homepage describes Liquid Farming as supplying tokens to pools on partner DEXs, which carries smart-contract risk and impermanent loss. Rewards come from ALGM incentives, AMM fees and farming rewards, and these can change.
Which networks does Algem support?
Algem's own materials describe liquid staking on Astar Network, and DefiLlama tracks it on Astar only. The homepage also describes an ETH-based farming product, and a social post refers to a testnet on Soneium. Check which networks are live in the app.
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How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.