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One token for a whole
basket of NFT collections.

Buy it with ETH, USDC or a tokenised stock, hold it like any other token, and redeem it for the basket whenever you like.

  • 1.0291 ETH
    −2.23%

    PUNK 10% · MILADY 40% · LIL 50%

    NAV
    0.001025 ETH
    7d
    —

How it works

One token.
A basket behind it.

  1. 01

    Backed by a basket

    An index is one token for several NFT collections, in fixed proportions. It starts empty at a set starting share price, and buyers' money fills the basket. Every share is a pro-rata claim on all of it.

  2. 02

    Part held, part earning

    About 75% of the basket is collection tokens held outright. The other 25% sits in the collections' NFTX pools as liquidity, where it earns the 0.9% swap fee and makes the index cheaper to buy as it grows, at the cost of some upside.

  3. 03

    Fees stay in

    Buying and selling each carry a 5% fee that nobody is paid: it stays in the index and raises what backs every remaining share. Pool fees are compounded back into the liquidity too.

  4. 04

    Always redeemable

    Buy with the index's pair token in one transaction. Selling returns your slice of the basket itself: the collection tokens, and the pair token from liquidity. That cannot be paused.