INDEX BASKET PROTOCOL·SOLANA DEVNET
Many assets.
One center of mass.
Baryx binds weighted, leveraged baskets of stocks, ETFs and crypto into single SPL tokens. Every leg keeps its own motion — prices drift, weights hold — and the whole system still turns around one number: NAV.
READS VIA PUBLIC RPC · NO WALLET NEEDED · every number on the Board ↗
Read the system live.
public RPC · refreshed on visitnumbers above are live contract reads, not copy — verify the addresses yourself ↗
Four maneuvers.
No discretion.
the whole operation set
Compose
2–8 legs, Σ|w| = 100%, leverage 1.0×–3.0× — the factory refuses anything outside the bands.
$ baryx compose --cells 5%Mint
Wrap SOL, deposit WSOL, shares strike at NAV — no lockup, no whitelist, entry 10 bps.
$ baryx mint --at NAVKeep
A 0.25× drift from target lets anyone rebalance for a bounty; one stale oracle leg halts the whole system.
$ baryx keep --band ±0.25×Redeem
Burn any amount at NAV, any time — exit terms declared at mint, only ever improving.
$ baryx redeem --at NAVThe mass is the token.
SPL vault sharesPick two to eight legs — stocks, ETFs, crypto — set the weights in 5% cells, choose a target from 1.0× to 3.0×. The factory binds them into one SPL vault share: mint it, hold it, transfer it, redeem it. There is no separate claim to sign — the exposure you see is the exposure you hold.
SPL VAULT SHARES· 2–8 LEGS· Σ|w| = 100%· SINGLE LEG ≤ 50%
Straight off the chain.
first five baskets · live readevery basket, every feed, every drift bar lives on the Board ↗ — same calls your wallet would make
Leverage is a well, not a wall.
synthetic exposure · hard-coded bandsExposure is synthetic — underwritten by a counterparty pool and measured from NAV and margin on every health check. The bands are hard-coded: drift calls a rebalance, the ceiling calls anyone.
- Rebalance trigger
- actual leverage drifts from target — permissionless, keeper-bountied
- ± 0.25×
- Emergency deleverage
- anyone may call it and take the bounty — no operator in between
- ≥ 3.25×
- Oracle heartbeat
- every feed must beat it; one stale leg halts mints, redeems, rebalances
- 300 s
- Soft liquidation
- NAV at or under this share of entry reads Settled-bound
- ≤ 15%
The descent, in three depths.
v0.3 · testnet MVPFirst orbit
One non-upgradeable Anchor program on Solana Devnet, eight demo baskets, twelve mock feeds on a 300 s heartbeat, permissionless rebalances with bounties.
Deeper mass
Short weights, liquidation incentives, fuzz and simulation reports published with the paper, Chainlink stock and ETF feeds mapped to the registry.
Full gravity
Compliance assessment, audited contracts, position limits ramp — and the $BYX utility evaluated against the checklist before anything ships.
Straight answers.
the rest live on the PaperQ·01What exactly do I hold?+
Q·02Where does the leverage come from?+
Q·03What if an oracle goes stale?+
Q·04Can the terms change after I mint?+
Start at the center.
Connect a wallet, wrap SOL, mint a basket — or watch every number verify itself first. The system runs either way.
The Desk
operate · baryx.xyz/app Connect a wallet on Solana Devnet: wrap SOL, mint a basket, redeem at NAV, underwrite the pool. The page holds no keys. 02The Board
watch · baryx.xyz/floor Every basket with leverage bars, the full feed registry with drift scales, and the deployment ledger — live reads, no wallet. 03The Paper
verify · baryx.xyz/docs Verified addresses, the five-fact primer, the worked example, the parameter sheet, FAQ and descent plan — the whole trail, searchable. 04X
follow · @baryx_xyz Build notes, feed health, deployment changes — the record as it happens.Baryx is experimental software on a public testnet. Contracts are unaudited. Leveraged baskets can lose all deposited capital. Nothing here is investment advice.