Baskt.Fun Project Introduction, Team, Financing and News

Performances

Comparison:

BTCETHSOLPopularity Index

1h	24h	7d	30d	60d	90d
1.33%	0.07%	11.59%	24.47%	38.10%	--

Comparison

Event Calendar

Nov 19, 2024

Baskt.Fun launches BASKT token

Details

Baskt.Fun is a Solana-based decentralized index protocol that allows users to hold multiple crypto assets through a single token, tracking specific market themes such as AI, DeSci, or Meme. Users avoid manually managing multiple positions, as smart contracts automatically construct and rebalance index baskets. The protocol supports creating custom indices, adding assets, opening long or short positions, and uses oracles (e.g., Chainlink/Pyth) for price feeds. Core mechanisms include dynamic funding rates, liquidation logic, and an LP liquidity pool where LPs deposit USDC to earn yields and calculate PnL based on their share of the pool.

Tags:

DeFi

ETF

Ecosystem(1):

Solana

Founded:

2024

$0.0₅679

0.06%