The Index

The Index (INDEX) is a token built around the idea that trading activity should translate into real-world asset ownership for holders. Every time the token changes hands, a portion of that activity is redirected to purchase a basket of tokenized stocks, which are then distributed automatically to wallets that hold INDEX. It is designed for people who want exposure to stock ownership through an onchain, self-executing mechanism rather than through a traditional brokerage.

Each trade of INDEX triggers a 3% fee collected in ETH, which is used to purchase a basket of 18 tokenized stocks on Robinhood Chain. Those stocks are distributed directly to holders' wallets every 15 minutes without any manual claiming or staking required. The token itself has a maximum supply of 1,000,000,000 units, of which approximately 980,539,720 are currently in circulation, meaning 98.05% of the maximum supply has been issued and the dilution overhang stands at 0%.

Fees arise entirely from trading volume: every transaction generates a 3% charge collected in ETH. In the trailing 30 days, total fees reached 496,866 USD, and annualizing that 30-day pace produces a figure of 6,045,203 USD. Of the trailing-30-day fees, 331,404 USD was recognized as protocol revenue, of which 313,001 USD flowed to holders as holder revenue, reflecting a take rate of approximately 66.7% over that period. Fee and revenue growth over the trailing 30 days was recorded at 1,465.64%, indicating that the fee base expanded substantially in that window relative to the period before it.