Monad Meme Top 10 Index (TOP10)

Monad Meme Top 10 Index (TOP10) is an immutable, ownerless ERC-20 index token representing a fixed basket of ten leading meme assets on the Monad network at genesis.

TOP10 is designed to provide transparent, trust-minimized exposure to the early Monad meme ecosystem through a fully on-chain Net Asset Value (NAV) mechanism.

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Key Properties

• Immutable & Ownerless
  No admin keys, no governance, no upgrade mechanism.

• Fixed Basket
  The index composition and weights are permanently locked.

• Permissionless Mint & Redeem
  Anyone can mint by supplying the underlying assets or redeem TOP10 back into the basket at NAV.

• Market-Driven Pricing
  Secondary market pricing is handled via decentralized liquidity pools, with mint/redeem arbitrage enforcing NAV.

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Contract Address

0x6c07bd691bdBB30e081c20D2d26901A1f8A5F99F

Pancake Swap V3 pool Address

0xa2236647a9bf384192B34F896EfD2624c6b01A2c

How It Works (High Level)

• Each TOP10 token represents an equal-weight share of 10 underlying meme assets.
• Minting requires supplying the proportional amounts of each constituent token.
• Redeeming burns TOP10 and returns the underlying assets proportionally.
• No rebalance, no intervention — the index is a permanent snapshot.

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Disclaimer

TOP10 is an experimental, permissionless financial primitive.
Users should understand the risks associated with smart contracts, liquidity, and market volatility.

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License

MIT