MINDEX
The meme token index that tracks the performance of popular meme tokens on Solana.
What is MINDEX?
MINDEX is a specialized index token that tracks the performance of the top meme tokens in the Solana ecosystem. As a sub-index of SINDEX, it provides targeted exposure to the meme token sector, which has shown significant growth and trading volume on Solana.
Meme tokens, while often starting as jokes or community projects, have evolved into a significant market segment with real trading volume and market capitalization. MINDEX allows investors to gain exposure to this volatile but potentially high-growth sector without having to pick individual winners.
MINDEX Composition
MINDEX includes a carefully selected basket of meme tokens based on market capitalization, trading volume, community size, and other factors. The current top constituents include:
| Token | Symbol | Weight | Market Cap | 24h Volume |
|---|---|---|---|---|
| DogR7LQHfuMTRpKNKLaAZca9eFDMgj7FBjMyWAbKPqp | BONK | 25% | $500M | $45M |
| 73xRu6WeeGXddG76JG4FsdKAf9tS2kKyh96w8ZGXnrk | WIF | 20% | $400M | $38M |
| J6W9jVp9kK4DY8F7w2hZXyxwW9zCj9Xkn5a9HQCPG99 | POPCAT | 15% | $300M | $25M |
| 6FCyWJ9ptkrh5Xo9rGSgV9nFfK9tTFt8wT9GxiatK78 | MOG | 15% | $250M | $22M |
| Others (5 tokens) | Various | 25% | $550M | $40M |
Note: The composition is rebalanced every 6 hours using Solana's on-chain programs to execute atomic swaps through decentralized exchanges, ensuring minimal price impact and maximum capital efficiency.
Selection Criteria
Tokens are selected for inclusion in MINDEX based on a rigorous methodology that considers multiple factors:
Quantitative Factors
- Market capitalization (minimum $10M)
- 24-hour trading volume (minimum $1M)
- Liquidity depth across major DEXes
- Price stability metrics
- Age of token (minimum 30 days)
Qualitative Factors
- Community size and engagement
- Social media presence
- Developer activity
- Unique value proposition
- Cultural relevance
The selection process is designed to identify meme tokens with staying power while filtering out short-lived fads and potential scams. This approach helps MINDEX capture the growth potential of the meme token sector while managing risk.
MINDEX Tokenomics
Supply Metrics
- Initial Supply:5,000,000 MINDEX
- Maximum Supply:50,000,000 MINDEX
- Circulating Supply:Variable (based on minting/burning)
- Mint Authority:Treasury Contract
Token Utility
- Targeted exposure to meme token sector
- Component of the SINDEX main index
- Staking rewards through st_MINDEX staking token
- Governance rights over MINDEX composition
- Redeemable for underlying assets
Staking MINDEX
MINDEX holders can stake their tokens to earn rewards and participate in governance. When staking MINDEX, users receive st_MINDEX tokens that represent their staked position.
Staking Benefits
Reward APY
15%
Variable based on protocol performance
Lock Period
14 days
Minimum staking period
Staking rewards for MINDEX are typically higher than for SINDEX due to the higher volatility and risk profile of the meme token sector. This compensates stakers for the additional risk they take on.
MINDEX Performance
MINDEX performance is tracked against individual meme tokens and the broader Solana ecosystem. Historical performance data is available through the platform's analytics dashboard.
Interactive performance chart will be displayed here
Note: Meme tokens are highly volatile and can experience significant price swings. MINDEX is designed to reduce this volatility through diversification, but it still carries higher risk than other indexes.