Basket
Create your own ETF. Pick the assets, set the weights, and turn them into one composable token.
An ETF is one thing you buy instead of ten. Basket makes them onchain: a single token backed by a basket of others, held in the open where anyone can check it.
SEMI one token backed by NVDA 33% · TSM 33% · AMD 33%
CATS one token backed by AI 50% · CASHCAT 50%You buy a Basket with whatever you already hold. Behind the scenes it acquires the underlying assets and hands you the token: one transaction, one approval. Selling runs the same way in reverse.
Why this is different from a fund
Nobody is holding your money. The assets sit in the token's own contract, and the arithmetic is public: at any moment you can verify that what backs the supply is really there.
You can also leave whenever you like, without asking. Redeeming is not a withdrawal request somebody approves. It is a function anyone can call, and it returns your share of the holdings.
Creating one works the same way. There is no listing process and no approval: you choose what goes in it, you set your fee, and it exists. See Creating a Basket.
A Basket is a token, not a product
This is the part an ETF cannot do. A Basket is an ERC-20 with a supply, so everything that works on a token works on it. It can be traded, paired against anything else on the chain, pooled for liquidity as one position instead of ten, posted as collateral wherever a market takes an ERC-20, and taken as the underlying asset of something built later.
The first sentence explains the product. This one explains why it matters.
Why now
Basket revives Set Protocol, which shut down in 2023. The design was sound; it was early. The assets worth indexing were not onchain yet.
Robinhood Chain changed that. Tokenized stocks and ETFs now live onchain and trade freely, so a basket of them is finally something you can actually build.
Where to start
What a Basket is explains what you own when you hold one, and why holdings that drift away from their starting split are working correctly.
Buying and redeeming covers what happens when you press the button, and what it costs.
What to know is the honest list: what can go wrong, who holds which powers, and what the protocol does not protect you from.