Compose
Stack 2–8 legs in 5% weight cells — stocks, ETFs, crypto — then pick a target from 1.0× to 3.0×. The factory refuses anything outside the bands.
Σ|w| = 100%LEG ≤ 50%1.0–3.0×
LIVE · FIRST BASKET WEIGHTS
INDEX BASKET PROTOCOL/SOLANA DEVNET/LIVE RPC READS
Every strategy
finds its level.
Aequora mints weighted, leveraged baskets of stocks, ETFs and crypto as one SPL token on Solana. Mint and redeem both clear at the same NAV — equal terms on both sides of the waterline.
LIVE NAV / SHARE · $MIX2X
Δ —
NEXT ORACLE BEAT —
READS VIA PUBLIC RPC · NO WALLET NEEDED · every number on Markets ↗
Four chapters,
zero discretion.
the whole operation set · every rule enforced on-chain
Mint
Wrap native SOL, deposit WSOL — shares strike at NAV. No lockup, no whitelist, entry fee 10 bps, approval and deposit in one flow.
ENTRY 10 BPSSTRIKE NAVWSOL
Hold
Exposure tracks the band: a 0.25× drift lets anyone rebalance for a bounty; one stale oracle leg halts the whole system — loudly.
REBAL ±0.25×BEAT 300 SHALT ALL-OR-NOTHING
Redeem
Burn any amount at NAV, any time — exit terms declared at mint and only ever improving. The token is the position; no separate claim.
EXIT 10 BPSSETTLE NAVSPL TRANSFERABLE
The board reads itself.
every basket · leverage vs target · live reads, no wallet
| № | Basket | Leverage act / tgt | NAV / share | State | Oracles | |
|---|---|---|---|---|---|---|
| Reading chain… | ||||||
states are deterministic health() outcomes, never an operator's call · a trailing · marks a stale oracle read · operate any row on the desk ↗
The pulse.
six live readings · refreshed straight off the program · drag the band
01 · BASKETS ON-CHAIN
—
program-numbered vaults live right now
02 · BACKSTOP POOL
— WSOL
first-loss capital underwriting every basket
03 · COVERAGE
— ×
notional underwritten against pool value
04 · BTC FEED · SINCE PAGE LOAD
waiting for the first beat…
05 · ORACLE HEARTBEAT
—
one stale leg halts mints, redeems, rebalances
06 · ENTRY / EXIT
10 / 10 BPS
both directions clear at NAV — never asymmetric
The bounds are the protocol.
hard-coded · permissionlessly enforced · never an operator's call
Exposure is synthetic — underwritten by a counterparty pool against margin, measured from NAV on every health check. Drift calls a rebalance; the ceiling calls anyone.
01 · REBALANCE TRIGGER
± 0.25×
drift from target — permissionless, keeper-bountied
02 · EMERGENCY DELEVERAGE
≥ 3.25×
anyone may call it and take the bounty
03 · ORACLE HEARTBEAT
300S
one stale leg halts mints, redeems, rebalances
04 · SOFT LIQUIDATION
≤ 15%
NAV at or under this share of entry reads Settled-bound
05 · ENTRY / EXIT FEE
10 / 10BPS
each hard-capped at 50 bps on-chain
06 · WEIGHT CONSTRAINT
Σ 100%
single leg ≤ 50% — the bands normalize every basket
The record.
v0.3 · devnet MVP · appended, never rewritten
Phase 01 — Testnet MVP
One non-upgradeable Anchor program on Solana Devnet: eight demo baskets, twelve mock feeds on a 300 s heartbeat, permissionless rebalances with bounties, backstop pool seeded.
Phase 02 — Deeper water
Short weights, liquidation incentives, fuzz and simulation reports published with the manual, Chainlink stock and ETF feeds mapped to the registry.
Phase 03 — Mainnet evaluation
Compliance assessment, audited contracts, position limits ramp — and the $AE utility evaluated against the checklist before anything ships.
Straight answers.
the rest live in the Manual
Q·01What exactly do I hold?
An ordinary SPL token — the share token of one basket vault. Minting strikes it at NAV, redeeming burns it at NAV, and in between it is transferable, listable and composable like any token. The weighted, leveraged strategy is the token.
Q·02Where does the leverage come from?
From a counterparty pool, not from borrowed assets. Exposure is synthetic: the pool underwrites it against margin, and actual leverage is measured from NAV and margin on every health check. A 0.25× drift triggers a permissionless rebalance; 3.25× triggers emergency deleverage — anyone may call either, for a bounty.
Q·03What if an oracle goes stale?
Every feed must beat a 300-second heartbeat (testnet value). The moment any leg goes stale, the whole system halts — mints, redeems and rebalances included — until freshness returns. Failure is designed to be loud and total, never partial or quiet.
Q·04Can the terms change after I mint?
Weights, bands and exit terms are declared at minting and immutable afterwards. Governance can only narrow parameters within hard caps — it can never widen fees, raise leverage past the ceiling, or touch your redemption at NAV.
Take a position.
operate · watch · verify · follow
01
Desk
OPERATE · aequora.fun/app Connect a wallet on Solana Devnet: wrap SOL, mint a basket, redeem at NAV, underwrite the pool. The page holds no keys. 02Markets
WATCH · aequora.fun/markets Every basket with leverage bars, the full feed registry with drift scales, and the deployment ledger — live reads, no wallet. 03Manual
VERIFY · aequora.fun/docs Verified addresses, the five-fact primer, the worked example, the parameter sheet, FAQ and session plan — the whole trail, searchable. 04X
FOLLOW · @aequora_fun Build notes, feed health, deployment changes — the record as it happens.Aequora is experimental software on a public testnet. Contracts are unaudited. Leveraged baskets can lose all deposited capital. Nothing here is investment advice.