Welcome
Last updated
Last updated
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: Solana DeFi Index, which is a basket containing top Solana DeFi tokens by market cap, similar to popular defi index on Ethereum called DeFi Pulse Index.
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 Ottersec.
Example of what can be built using Symmetry infrastructure can be found at app.symmetry.fi, which is open-source and the repository can be found here.
Take a look at how the protocol works & what's made possible by Symmetry:
How it worksAll users interacting with Symmetry through the app (app.symmetry.fi) 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.
| 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. |
In the symmetry app (app.symmetry.fi), these have the following names:
Mutable Basket - Portfolio
Immutable Basket - Bundle
Permissioned Basket - Private Portfolio
