INDX turns emerging Robinhood Chain markets into rules-based onchain indexes. Each index is backed by its constituents, while a programmable market layer allocates Depth and manages market behaviour across the assets inside it.
Own the market. Power the market beneath it.
INDEX is rules-based exposure to an entire market category through one onchain position. RESERVE is the assets economically backing every investable INDX share — transparent, auditable and redeemable. DEPTH is a bounded portion of the Reserve allocated across constituent markets to provide programmable market depth. ENGINE is custom onchain market logic that coordinates Depth, dynamic fees and inventory according to index rules and live market conditions. Programmable by design: INDX Engines can use Uniswap v4 hook architecture to run custom logic around swaps, fees and liquidity changes while remaining constrained by INDX methodology.
Robinhood Chain can support hundreds of emerging markets, but each project still tends to rely on its own isolated pool of capital. Investors face the same fragmentation from the other side: gaining exposure means choosing projects individually. INDX connects both problems — market-wide ownership and coordinated market Depth.
Market-wide exposure
Backing remains visible and auditable
A bounded Reserve sleeve can be allocated across qualifying constituent markets.
Programmable market logic operates inside published parameters and hard protocol limits.
Every investable INDX product is backed by an onchain Reserve. A bounded Depth Sleeve can be deployed into constituent markets through approved market infrastructure, allowing the index to support trading while every deployed position remains part of transparent Reserve accounting. One Reserve. Two layers: own the market, and power its markets.
Each project sources and maintains market liquidity independently. Capital becomes fragmented across disconnected pools.
A bounded Reserve sleeve can be allocated across qualifying markets according to index weight, trading activity, inventory, external liquidity and methodology-defined limits.
Every official INDX product begins with a public methodology defining what qualifies, how assets are weighted, concentration limits and when the index is reviewed. The Reserve then turns those rules into transparent onchain ownership, and the Engine puts a bounded part of it to work in the market.
A public methodology defines eligibility, constituent selection, weighting, concentration limits and review schedule.
Capital is converted into the qualifying constituents and held within the INDX Reserve. Index shares represent proportional ownership of its economic backing.
A bounded Depth Sleeve can be allocated across constituent markets. The INDX Engine manages Depth, inventory Bands and dynamic fees inside predefined limits, allowing market Flow to help keep Reserve inventory aligned with index targets.
Own INDX as one position while retaining complete visibility into every constituent, target weight, Reserve balance, Depth allocation, market and Engine state beneath it.
Every index exposes its Reserve, constituent weights, Depth allocations, Engine state, methodology and rebalance history.
The INDX Small Cap Utility Index is a rules-based portfolio of qualifying Robinhood Chain utility projects below the methodology's market-cap ceiling. Holders gain exposure to the qualifying market through one position, while the index's programmable market layer can allocate Depth to constituent markets.
INDX
INDX is index and market infrastructure for Robinhood Chain. It creates rules-based investable indexes backed by onchain Reserves and connects those indexes to programmable market infrastructure for their constituents.
The Genesis product is the INDX Small Cap Utility Index, designed around qualifying Robinhood Chain utility projects below a defined market-cap ceiling.
$INDX is intended to represent the Genesis Index Reserve. Reserve accounting includes constituents held directly, approved market positions deployed through the Depth Sleeve and accrued market fees, less any protocol liabilities.
Depth is capital allocated from a bounded portion of the INDX Reserve into constituent markets. The same capital is never counted in several places at once — every Reserve asset has one accounting state.
The Engine is the programmable market layer coordinating Depth, inventory and market parameters such as dynamic fees within methodology-defined limits.
INDX Engines are designed to use programmable market infrastructure such as Uniswap v4 hooks, allowing custom logic around swaps, liquidity changes and fees while the INDX protocol controls Reserve accounting and risk limits.
Bands define acceptable inventory ranges around constituent target weights. When inventory moves outside a Band, the Engine can adjust permitted market parameters to encourage Flow that helps move the Reserve back toward its target composition.
Yes. A published share of the fees the Reserve earns providing liquidity in constituent markets is distributed to holders; the remainder compounds into the Reserve and lifts the share price. Distribution runs in fixed eight-hour periods closing at 00:00, 08:00 and 16:00 UTC, and you are paid in the tokens the fees were earned in. There is nothing to stake or lock — holding the share is the whole action.
By share-seconds: each holder’s balance multiplied by the time they held it. Dividing by the closing balance instead would pay a full period to capital that arrived a second before the bell, every period, forever. Weighting by time held means there is no moment worth timing.
No. There is no administrative withdrawal path out of the Reserve — not a disabled one, not a timelocked one, not a multisig-gated one. The function does not exist, and a test reads the deployed contract’s ABI and fails the build if one ever appears. Governance configures parameters inside fixed caps; it cannot move Reserve assets.
No. You can supply the constituents directly, which costs nothing in slippage if you already hold them. Or you can supply a single asset and the protocol buys the basket for you, in the proportions the Reserve already holds — so a single-asset mint leaves the index’s composition exactly where it found it. You pay spread on each leg, and you set the minimum shares you will accept.
