Index coins backed by token baskets

Pick the tokens, mint an ERC20, or buy in with USDC. The contract holds the basket, prices the components and publishes the current NAV.

  • Create index
  • Explore indexes
  • How it works

    Creating an index takes one transaction. You choose a name, a ticker and the tokens it should hold. Weights follow each token's market capitalization, so larger components carry more of the basket.

    Every coin is fully collateralized. Minting deposits the underlying tokens, or USDC that the contract converts into them through on-chain liquidity. Redeeming sells the basket back into USDC or returns the underlying components.

    For the longer thesis behind open index markets, read the indexes.club whitepaper.

    Pure price moves update the basket weights naturally. Rebalancing is reserved for material balance changes such as supply burns, component changes or idle USDC that should be deployed through on-chain liquidity.

    An index can stay managed, with its creator adding or removing tokens over time, or be locked forever. A creator who gives up control keeps earning their share of the fees.

    Fees

    Fee flow: each buy pays 0.2% in USDC, split between the index creator and a buyback that removes the configured buyback token. Buy into an index coin0.2% fee, paid in USDC0.1% to the creatorpaid out as USDC,keeps flowing afterthey give up control0.1% to buybackconverted to USDC,spent on thebuyback token
    Index list
    IndexNAVSupplyCoinsManager
    Ethereum DeFi Index EDFI$1.2407Immutable
    Ethereum Tokenized Stock Index ETSI$0.88020x9709…1D35