Methodology
$SNP500 · How the basket is picked, weighted and kept fresh
01
Pick the top 50
Only the 50 largest Solana memecoins make the basket.
02
Weight by market cap
No single coin can take more than 20% of the index.
03
Rebalance daily
Every day at 16:00 UTC the basket is reviewed and reset.
Ranking
How each candidate is scored. Size follows market cap.
Market cap60%
Volume30%
Holders10%
Index rules
- Constituents
- Top 50
- Network
- Solana
- Weighting
- Market cap
- Position cap
- 20%
- Position floor
- 1%
- Drift band
- 5%
- Rebalance
- Daily · 16:00 UTC
- Mint fee
- 1%
- Management fee
- 2% / yr
Resources
On-chain addresses
Verify by mint address, never by ticker or by searching an aggregator.
Index program
Common questions
Tap a question to see a short answer.
More documentation is coming before launch.
About SNP500
SNP500 — Sock & Pussy 500 — is one Solana token backed by a basket of the leading memecoins and tokenized stocks. The basket follows a published rule set, is weighted by market cap and is rebuilt every day, so one token is a pro rata claim on all of it.