The whole market
in one token.
Apiora forages the on-chain market — tokenized stocks, ETFs, any recipe you can write — and packs it into a single ERC-20. Every index is backed one-to-one, priced from live on-chain feeds, and can be drawn back out at any time. No gatekeeper, no permission slip.
The indexes
presets — 1:1 backed by their components, priced from on-chain feeds
| ticker | index | components | price / share | locked | mode | |
|---|---|---|---|---|---|---|
The market
every component is a tokenized stock or ETF with its own on-chain feed
How it works
three moves — gather, hold, draw — all on-chain
Gather
Pick a preset index — the Magnificent Seven, an AI six, a T-bill mix — or compose any recipe from the on-chain market. One mint packs every component into a single ERC-20.
Hold
From then on the whole index lives in one balance: 1:1 backed, freely transferable, usable as collateral. The recipe is the token — nothing tracked off-chain.
Draw
Redeem whenever you like. Draw never reads an oracle, never asks permission and cannot be paused — the components always come back to your wallet.
Sealed at birth
Restocked on schedule
The terms
no prose — every number is enforced by a contract
Collateral that keeps working.
Index tokens and tokenized stocks don't have to sit idle — put them up and borrow USDG against them, or supply USDG and earn the full borrow rate.
Open creditCompose
burn $APRA once — earn 60% of every mint fee on your index, forever
- one-time burn, permanent license
- recipe locked at creation — not even you can change it
- 60% of every mint fee on your index, forever
- one-time burn, permanent license
- your agent rotates components after a 7-day cooldown
- drift hard-bounded at 0.5% NAV — excess gains pay out in USDG
Questions
the six things people ask first
What backs each index?
The underlying components, one to one. Mint rounds up and draw rounds down, so rounding can never leave an index under-collateralized. Prices come from the same on-chain feeds the contracts read.
Can anyone change a recipe?
Fixed indexes: no one — the recipe is compiled in at creation, with no key that can alter it. Rotating indexes: only the curator's agent, only after a 7-day cooldown, and only inside a hard 0.5% NAV-drift bound enforced on-chain.
How do I get out?
Draw. Redemption never reads an oracle, never asks permission and cannot be paused — the components come straight back to your wallet. Rotating indexes also accrue excess gains in USDG, claimable anytime.
What do curators earn?
60% of every mint fee on their index, hardcoded at 6000 bps in the fee splitter. Not configurable, not revocable. The other 40% goes to the treasury.
What is $APRA?
The license token. Burning 10,000 APRA mints a fixed index license, 25,000 APRA a rotating one. Burns only — license supply can only ever fall.
Why Robinhood Chain?
Tokenized stocks and ETFs live there with on-chain price feeds, so an index can hold real components and price them on-chain from end to end. This deployment is on the testnet.
Many flowers.
One comb.