The Infrastructure Layer for
On-Chain Asset Management
Alvara created ERC-7621, the first and only basket-token standard recognised by the Ethereum Foundation. We are the foundational layer for on-chain portfolio creation, management, and investment.
The Problem & The Solution
Crypto asset management is fragmented and trust-dependent. ERC-7621 fixes the foundation.
There is no widely adopted ERC standard for creating, rebalancing, or redeeming on-chain portfolios. Most ETF-style products use bespoke contracts: incompatible, slow to integrate, harder to trust.
Many index products use synthetic derivatives. You hold an IOU, not the assets. NAV is unverifiable, fees are hidden, and manager behaviour cannot be audited.
Funds, creators, and protocols lack a common structure for transparent on-chain performance. Strategies are not comparable and cannot be reused across platforms.
Alvara authored the first and only basket-token standard recognised by the Ethereum Foundation as a Draft EIP, verifiable on the official EIPs page. Standardised mint, rebalance, contribute, and redeem mechanics. Integrators build against one interface for all BSKTs.
Every BSKT receipt token is backed 1:1 by real underlying assets held in audited smart contracts. No derivatives, no counterparty. Fully verifiable on-chain.
Basket managers rebalance dynamically via 1inch DEX routing. Real portfolios with real managers making real decisions, not static index packaging.
BSKT Lab: Core Product
Create, manage, and invest in tokenized funds. On-chain, in minutes.
Define basket composition and weightings. Deploy via the BSKT Lab UI or directly via ERC-7621 contracts. The basket mints an ERC-20 receipt token on deployment, immediately composable across DeFi.
Basket managers rebalance holdings at any time through deep DEX liquidity. Adjust weights, rotate constituents, or restructure mandates. The portfolio moves when the manager decides.
Investors contribute assets and receive basket receipt tokens: ERC-20 tokens backed 1:1 by the actual underlying assets. Withdraw anytime. No lock-ups, no synthetic risk, no counterparty.
Anyone can launch a branded basket, earn management fees, and let followers invest in one click without ever touching their capital.
Auditable, non-custodial portfolio management with transparent on-chain NAV and automated fee distribution.
Chains and DAOs structure diversified on-chain allocations with full public transparency.
ERC-7621 provides the execution layer for AI agents to manage real capital on-chain via the Core MCP Server.
Basket Types
ERC-7621 is one standard. The constituents inside it are flexible by design.
Any DEX-liquid yield-bearing token — wrapped LSTs (wstETH, rETH, sfrxETH, cbETH), stable-yield tokens (sUSDe, sDAI, sFRAX), and other value-accruing yield ERC-20s — can be a basket constituent under ERC-7621 today. Yield flows directly to basket holders through NAV appreciation. Manager-curated yield baskets and native APY surfacing roll out next.
The default basket type. Curate any combination of ERC-20 tokens, rebalanced via 1inch DEX routing. 140 deployed on Ethereum and Base today.
Bundle ERC-4626 vaults — Morpho, Aave, Spark — as basket constituents via the deployed SafeVaultAdapter. Diversified yield across lending markets in one transferable token. Adapter deployed on Base and in private testing ahead of public release.
Hyperliquid permissionless perp-vault wrappers as ERC-7621 basket constituents. Long/short structured strategies become a single transferable token, accessible from any EVM chain through the standard interface.
Solana yield primitives (Kamino, Drift, MarginFi, Jito) as basket constituents from EVM chains. Tron and Hyperliquid native deployments follow.
Try It Live
The live dapp on Ethereum and Base — embedded below.
The AI Layer
AI agents can manage real capital on-chain. We built the rails.
Alvara has launched the Core MCP Server: a Model Context Protocol implementation that gives compatible AI agents the framework to observe, propose, and execute real portfolio decisions on-chain, with strict policy guardrails enforced at the protocol layer. We are the first and only basket protocol with a live MCP server (open at github.com/Alvara-Protocol/alvara-mcp), and agentic managers are actively trading through it today.
Agents read live basket state, NAV, composition, and market conditions from on-chain data. No APIs to trust.
Agents construct and validate portfolio actions against protocol policy guardrails before any transaction is proposed.
Approved intents execute on-chain through ERC-7621. Agents manage real capital autonomously within risk parameters.
The missing primitive for AI-managed portfolios was a trustless, audited, on-chain execution layer. ERC-7621 is that layer. The capability is live; agentic managers are actively trading on it today.
Hard limits on concentration, rebalance frequency, and trade size enforced at the protocol layer, not the agent layer.
Agents never hold private keys to user funds. All capital remains in audited ERC-7621 smart contracts at all times.
Traction & Proof
Not idea-stage. Live infrastructure with on-chain proof.
$1M at $6M Post-Money
Seed equity round, not a token sale. Infrastructure-stage pricing for an authored EIP, four audits, V2 live on Ethereum and Base, and a live MCP server with agents trading.
Go Deeper
EF-recognised Draft EIP, V2 live on Ethereum and Base, $1M equity round at $6M post-money. The early position in portfolio infrastructure.
Auditable, composable infrastructure for serious portfolio management. Turn written-off VC holdings into active baskets.
Launch branded baskets in minutes. Earn on every contribution. No custody, no middlemen.
The standard is in motion. The window is early.
Talk to the team directly.
Alvara Protocol · General Overview · Not financial advice