How it works
A fund is up to 50 Solana coins with a fixed % each. Anyone can create one. The coins and percentages never change.
Buy
Your SOL buys every coin at market through Jupiter, split by the fund’s percentages. You get shares for exactly what was bought. If the coins cannot be bought within 30 minutes, you get your SOL back.
Sell
Your part of every coin is sold at market and paid to you in SOL. A coin that cannot be sold can be taken as the coin itself.
Fees
- 1% on every buy and every sell
- Creator fee: 0–2% on every buy and every sell, set when the fund is created
- 0.00005 SOL per transaction it takes to fill a buy or sell: one per coin, plus one to settle (a 10-coin fund: 0.00055 SOL). On a sell it comes out of the SOL you receive; nothing but the shares leaves your wallet.
Coins
A coin whose supply can still be minted or whose accounts can be frozen, or with a transfer fee, hook or pause, cannot be added.