Symmetry Protocol
  • 🚀Introduction
    • Welcome
    • How it works
    • Symmetry Points
    • Socials
  • âš“Infrastructure
    • Symmetry APIs
    • Symmetry SDKs
    • Symmetry Grants
    • Price Oracles
    • Bug Bounty Program
  • Media Kit
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On this page
  • How it works
  • Symmetry Points
  • Types of Baskets
  1. Introduction

Welcome

NextHow it works

Last updated 1 year ago

Welcome to Symmetry, an on-chain asset management protocol that enables users to create, manage, and trade tokenized baskets of multiple cryptocurrencies.

Protocol supports the creation and automation of mutable and immutable baskets and supports up to 15 assets per basket composition with various weights.

Example: , which is a basket containing top Solana DeFi tokens by market cap, similar to popular defi index on Ethereum called .

On Symmetry, Rebalancing and restructuring of baskets are automated and executed on-chain. Symmetry Baskets are customizable and can be used for various purposes such as creating portfolios, indexes, ETFs, or copy-trading, treasury management, etc...

The protocol is audited by .

Example of what can be built using Symmetry infrastructure can be found at , which is open-source and the repository can be found .

How it works

Take a look at how the protocol works & what's made possible by Symmetry:

Symmetry Points

Types of Baskets

Basket Type
Description
Potential Use-cases

Mutable

Creator can change composition tokens, change token weights, rebalance the basket, adjust deposit fee, change basket description.

Public Portfolios, Copy-trading, Portfolio Managers

Immutable

After creation, the creator cannot modify any paramters or basket composition.

Bundles, Diversification Tools

Permissioned

A mutable basket with permissioned minting. Only the creator can deposit into the basket, but anyone that has the basket tokens can redeem (if the creator sends tokens to other addresses)

Treasury Management, Private Portfolios, Gated Portfolios & copy-trading.

  • Mutable Basket - Portfolio

  • Immutable Basket - Bundle

  • Permissioned Basket - Private Portfolio

All users interacting with Symmetry through the app () or through any other protocol that has Symmetry integrated are collecting Symmetry Points. A new UI of Symmetry (which will be open-source) is coming on March 5, 2024, which includes the user rankings & leaderboards, as well as a lot of new features.

In the symmetry app (), these have the following names:

🚀
app.symmetry.fi
app.symmetry.fi
Solana DeFi Index
DeFi Pulse Index
Ottersec
app.symmetry.fi
here
How it works
Symmetry Points are live and users are accumulating Points. Final snapshot will be taken on May 31 👀