FIX6900 Solana Memecoin Equal Weight Index

What is in the vault right now. Each bar is the coin's weight; the ink tick is its target. The gap between them is the drift.

1. 1Weights are vault balances × keeper prices ÷ total vault value. Target weights are stored per asset in the fund account · keeper snapshot

1. 1Source: keeper NAV snapshots every 30 s. The index level is the upper pane, NAV and market price the lower pane. The series starts at the first priced snapshot · keeper history

1. 01

   Methodology

   The universe is CoinGecko's Solana Meme Coins category. Coins that pass the on-chain screens are held at equal weight. Additions and removals are proposed by the rules, approved by an index committee and announced 48 hours ahead.

   Constituents—512 slots max
2. 02

   Creation and redemption in‑kind

   FIX6900 is an index fund that works the way SPY works, on-chain. Deposit the basket and mint units. Burn units and withdraw your pro-rata slice of every coin. Units are redeemable in-kind for a pro-rata share of the vault.

   Flowbasket→deposit→unitsunits→burn→basket
3. 03

   Arbitrage keeps the peg

   If the market price trades above NAV, creating units and selling them closes the gap. Below NAV, buying units and redeeming them does. Rebalancing runs through permissionless on-chain Dutch auctions with no price oracle.

   Illustration, not live data

   −3%−0.5%+0.5%+3%

Two tokens. $FIX6900 creator fees fund the index; the index's own fees buy back and burn $FIX6900.

1. 1Counters are keeper totals taken from its flywheel ledger; every event behind them has a transaction signature on Flywheel · keeper snapshot