On-chain activity
Solindex
Sol Index is a non-custodial marketplace built on Solana that packages top-performing tokens in a given sector into a single purchasable basket called an index. The core problem it targets is a familiar one for Solana participants: the network hosts hundreds of active fungible tokens across DeFi protocols, liquid staking derivatives, AI-adjacent projects, and memecoin sub-categories, yet evaluating and purchasing exposure to all of them individually demands continuous research, multiple swaps, and active position management. Sol Index collapses that process into a single transaction. A user selects an index, enters a SOL amount, chooses a weighting method, and signs once. The platform handles routing the SOL across all constituent tokens at once. The result is a diversified position built in seconds rather than hours. Sol Index maintains index compositions entirely off-custody: the platform tracks which tokens belong in each index and at what weights, but never holds user funds. Users purchase a snapshot of the current index configuration from their own wallets. Index rebalancing happens hourly. Each time the hour ticks, compositions are recalculated based on market capitalization, so the indexes stay aligned with current top performers in each category rather than drifting toward earlier leaders. When investing, users choose between two allocation strategies. Equal weighting splits the total SOL evenly across every token in the index. Market cap weighting distributes funds proportionally to each constituent market cap, giving larger tokens a heavier allocation. Trade execution runs through the Jupiter API, which sources price quotes and routes swaps across Solana DEX liquidity. If a quote expires between the time it is fetched and the time the transaction is submitted, the platform alerts the user and allows a single-click retry. The platform fee is 1% of each total transaction, alongside standard Solana gas fees and a small slippage buffer. The primary product is a growing catalog of pre-built index funds organized by investment theme. Categories include Solana Essentials, DeFi, Liquid Staking, Stablecoins, AI Agents, AI Essentials, AI Memes, Memes, and Dogs and Cats. Each index page displays 24-hour performance stats and historical performance charts. Individual token pages surface price, market cap, liquidity, and 24-hour volume, plus security audit results sourced from Webacy. The shopping-cart model lets users add tokens from different indexes, up to 20 at a time, into a single checkout for a custom cross-index basket. The second Sol Index product is Neglect: a trading terminal focused specifically on graduated, fully-bonded memecoin tokens on Solana. Rather than curated diversification, Neglect is a discovery and trading surface for memecoins that have completed bonding curves and moved onto DEXes. Sol Index is listed as a Jupiter Integration project and relies on Jupiter aggregation infrastructure for quote fetching and swap execution, benefiting from routing across multiple DEX pools. Because Sol Index never takes possession of user funds, there is no centralized treasury or smart-contract vault holding user assets. Users retain full custody in their SPL wallets throughout. Token-level security analysis is surfaced on token detail pages via Webacy audit data. No independent third-party audit of the Sol Index platform itself is referenced in available documentation. Sol Index was built by a two-person founding team. 609.sol is a developer and product professional with seven years of experience in tech startups and three years in web3, currently serving as Head of Product and Partnerships at CryptoSlam, the on-chain NFT analytics platform. Rikisann is a developer with four years in traditional startups and two years of focused Solana development, who founded the project. The Terms of Use and Privacy Policy were last updated in September 2024, placing the platform public launch in that timeframe. Solana low transaction costs make it practical to execute a basket of 10 to 20 simultaneous swaps in one transaction without fees eating a large percentage of a small investment. By wrapping the Jupiter aggregation layer with a theme-based index UI, Sol Index occupies a distinct niche: it is not a fund manager holding assets on behalf of users, not a yield protocol, and not a portfolio tracker. It is a discovery and execution layer that makes market-cap-weighted or equal-weighted Solana token baskets accessible to users without deep research expertise, while keeping custody entirely with the investor.
Contents
Solana Token Markets