Back to Organizations
Alvara
Alvara is a decentralized protocol and application for creating and managing on-chain tokenized investment baskets using the ERC-7621 (BSKT) standard. It provides the BSKT Lab for minting baskets, the AlvaraX orderbook DEX and HiveX liquidity pools for trading and liquidity, a BSKT Marketplace, and DAO-based governance and rewards, serving basket managers, DAOs, liquidity providers, and on-chain investors.
Distributed
Description
Alvara is a decentralized application and protocol that enables the creation and management of tokenized investment baskets on-chain using the Basket Token Standard (ERC-7621 or BSKT). Its infrastructure includes the BSKT Lab minting factory for composing and encrypting assets into a single basket token, with support on Ethereum and plans for other EVM-compatible chains. The platform features an orderbook DEX called AlvaraX that allows basket managers and DAOs to convert baskets into tokenized ETFs for liquidity, passive earnings, and arbitrage, alongside decentralized liquidity pools branded as HiveX. Alvara also provides governance and rewards through the Alvara DAO and a dedicated BSKT Marketplace for basket managers. The built-in leaderboard ranks ERC-7621 baskets minted on-chain, and the broader vision is to bring popular financial products such as mutual funds and ETFs to the blockchain, expanding decentralized finance access for basket managers, DAOs, liquidity providers, and on-chain investors.Grant Funding
VC Funding
None
2024
$0
$10M