What is DEFI.ssi (DEFI.SSI) used for?

- **Index exposure in one token:** DEFI.SSI is intended to provide exposure to a defined basket of DeFi assets through a single token holding. - **Rules-based composition:** The basket is described as having 10 constituents, weighted by circulating market capitalisation and rebalanced monthly. - **Mint and redeem process:** Issuance and redemption are handled through a whitelisted participant model with KYB checks, intended to support alignment between market price and the basket value. - **Custody model:** The underlying assets are held with third-party custodians as part of the product structure.

DEFI.ssi

DEFISSI

#608

$0.5580($0.01)

Key Stats

Market Cap$14.07M

Volume (24h)$48.85K

Fully Diluted Value$14.07M

Vol/Mkt Cap (24h)0.35%

Total Supply25.21M DEFISSI

Max Supply∞

Circulating Supply25.21M DEFISSI

Launch Date2024-12-19

DEFI.ssi Information

Websites

ssi.sosovalue.com

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About DEFI.ssi

DEFI.ssi (DEFI.SSI) is an ERC-20 token on Base that represents a rules-based basket of DeFi assets. It is designed to give index-like exposure via one token, with 10 constituents, circulating market-cap weighting and monthly rebalancing, using a whitelisted model for minting and redemption and third-party custody for underlying assets.

Frequently Asked Questions

DEFI.ssi (DEFI.SSI) is an ERC-20 token issued on Base that represents an index-style basket of decentralised finance (DeFi) assets. It is designed to package exposure to multiple DeFi tokens into a single token that aims to reflect the basket’s combined value.

Index exposure in one token: DEFI.SSI is intended to provide exposure to a defined basket of DeFi assets through a single token holding.
Rules-based composition: The basket is described as having 10 constituents, weighted by circulating market capitalisation and rebalanced monthly.
Mint and redeem process: Issuance and redemption are handled through a whitelisted participant model with KYB checks, intended to support alignment between market price and the basket value.
Custody model: The underlying assets are held with third-party custodians as part of the product structure.

DEFI.ssi is issued as part of the SoSoValue Indexes (SSI) product suite developed by SoSoValue. SoSoValue has been reported as being co-founded by Jessie Lo, May Wang and Jivvva (Jiva) Kwan.