The vault-backed PulseChain index. Provable backing, live.
Cumulative protocol-accrued backing
Entry premiums, exit discounts, and non-redemption burns retain backing for the remaining supply. This accounting total only goes up.
NAV / token
Market price
−0.22%Vault value
24h volume
Backing concentration per token — since launch
This price-neutral index measures each INDEX token’s pro-rata vault claim relative to launch. Proportional minting and redemption are neutral; mint premiums, redeem discounts, and non-redemption burns move the line upward. Basket prices cannot move it down.
Vault value per token vs token price
Both lines are per token: the pool price of one token, and the vault's holdings divided by supply (NAV). The distance between them is the arbitrage gap — above NAV it pays to mint and sell, below it pays to buy and redeem. Drag to pan, scroll to zoom. Token & market →
Live activity
- Redeem$1.20K · 1.25Qa tokens0x7e58…f980just now
- Sell$1.53K · 1.59Qa tokens0x0a71…2aca34s ago
- Redeem$756.52 · 789.15T tokens0x7a1c…49671m ago
- Buy$980.50 · 1.02Qa tokens0xfdd4…60923m ago
- Redeem$177.81 · 185.48T tokens0x24a9…4e893m ago
- Sell$963.12 · 1.00Qa tokens0xd9b1…03ec4m ago
- Buy$388.83 · 405.60T tokens0x5747…37ff6m ago
- Redeem$259.92 · 271.14T tokens0xea5f…62d85m ago
- Buy$184.86 · 192.83T tokens0xa3a4…db0e5m ago
Mechanism language: NAV accretion · supply contraction · backing concentration · larger pro-rata claim per remaining token
Explore
Trade
→Buy, mint, sell, or redeem from one public transaction page.
Vault
→Basket holdings, allocation, and the stablecoin buffer backing redemptions.
Token & market
→Supply, burn, holders, price history, and 24h flow of the token.
Mint & redeem flows
→Track primary-market entries, exits, and retained backing.