Whole markets,bound as one token.
Deposit a basket of assets once, hold a single index token. Recipes live on-chain, rotations settle inside a hard NAV bound, redemption asks nobody's permission.
| Ticker | Type | NAV | Session | TVL | Holders | Chart |
|---|---|---|---|---|---|---|
| MAG7 Magnificent Seven | fixed | $— | — | $— | — | |
| TOP6 Top Six Index | fixed | $— | — | $— | — | |
| AI6 AI Six Index | fixed | $— | — | $— | — | |
| TBILL T-Bill Basket | rotating | $— | — | $— | — | |
| SOCIAL Social Index | rotating | $— | — | $— | — | |
| BIGTECH Big Tech Index | rotating | $— | — | $— | — |
02How it binds
three moves, one programDeposit the basket
The mint desk quotes the exact component amounts, row by row. One transaction takes them all — the recipe is the order.
Hold one token
Your whole market position is a single index token. Rotations happen inside the program, inside the bound — ±0.50% NAV, nothing wider.
Redeem permissionless
Burn shares, receive the components back at the stored recipe. no gatekeeper — no window, no oracle opinion required.
03Four desks, one settlement stable
license · credit · compose · faucetCreating indexes burns the license token
100M $MK preminted. 10k buys a frozen index, 25k a managed one — burned for a permanent right to compose. Every mint fee splits 60/40, hardcoded in the splitter.
Borrow the stable against tokenized assets
Post any listed asset as collateral. Utilization-based interest — borrow APR runs 2% + 30% × utilization, all of it flowing to stable suppliers.
Build your own index
Name it, pick components, set units per share. The recipe stages into an account, then the factory burns the license and creates the basket — two signatures.
Compose an indexTest funds, no real money
The faucet drips 50k $MK, 100k USD and a slice of every listed asset per address per day. All testnet tokens — the whole machine runs on devnet.
04Market wall
what the paper prices| Asset | Price | Session | Feed |
|---|---|---|---|
| TSLA | $— | — | wired |
| AMZN | $— | — | wired |
| NFLX | $— | — | wired |
| AAPL | $— | — | wired |
| NVDA | $— | — | wired |
| MSFT | $— | — | wired |
| GOOGL | $— | — | wired |
| META | $— | — | wired |
| SGOV | $— | — | wired |
| SPY | $— | — | wired |
What backs an index token?
The component tokens themselves, held in basket-owned vaults on Solana. One share redeems for a fixed amount of each component — the recipe never reweights without a rotation.
Where do prices come from?
On-chain price feeds (one program account per asset, 8-decimal USD). On devnet every asset is a mock; a production network would wire real oracle feeds into the same accounts.
Can a curator run off with the basket?
No. A rotation settles at oracle prices — shortfalls are pulled from the curator and surpluses paid back — and the NAV may not drop more than 0.5% per rotation. Anything beyond that reverts on-chain.
Why does minting round up?
Rounding discipline: minters pay a hair more, redeemers receive a hair less. Dust always works against the user, so a basket can never go under-collateralized through rounding.
Grab test funds from the faucet, bind an index in one transaction, and rotate it from your own wallet — everything here runs on Solana devnet.