Clanker IndexPrice

(CLX)

The Clanker Index (CLX) is an on-chain index token functioning as a Decentralized Token Folio (DTF) on the Base blockchain. It is designed to provide users with a single liquid asset that bundles multiple high-performing tokens from the Clanker ecosystem. Instead of managing several individual assets, holders gain exposure to a curated basket of tokens through this unified index. The project is deployed by Proxy Studio and curated by professional asset managers to simplify ecosystem participation.

No, CLX is not a stablecoin. While it is built using the Reserve Protocol infrastructure, which is well-known for hosting stablecoins, CLX serves a different purpose as an index token. Its value is not pegged to any fiat currency or stable asset. Instead, its price fluctuates according to the collective market performance of the underlying assets contained within its basket. It represents a diversified portfolio rather than a price-stable medium of exchange.

The Clanker bot and the Clanker Index are distinct but related components of the same ecosystem. The Clanker bot is a smart contract suite on the Base network that serves as a factory for launching new tokens. In contrast, the Clanker Index (CLX) is a specific financial product that tracks and invests in the most successful tokens created by that factory. While the bot facilitates the creation of assets, the Index provides a managed way to access the top performers among them.

CLX is available for trading on top-tier global cryptocurrency exchanges, such as LBank. Additionally, it can be found on leading decentralized exchanges (DEXs) operating on the Base network. By trading on LBank, users benefit from a secure and professional environment for accessing the Clanker ecosystem. Traders should always verify the official contract address on the Base network before performing transactions on decentralized platforms.

The index is curated by Re7 Labs, a crypto-native yield and asset management firm. They are responsible for determining which assets are included in the basket and how they are weighted. Because the index is built on the Reserve Protocol, it supports on-chain rebalancing. This allows the curators to update the portfolio logic transparently, ensuring the index remains focused on the most relevant assets within the ecosystem without requiring users to migrate to a new contract.

Yes, CLX is designed with a permissionless redemption mechanism. As an RToken built on the Reserve Protocol, the index is backed by a vault of underlying collateral. Holders have the technical ability to burn their CLX tokens to receive a proportional share of the actual assets held within the index's basket. This feature provides transparency and ensures that the index token is directly supported by the tangible assets it aims to track.