Product
Baskets
Which assets qualify and how weights work.
A basket is the list of assets a launch trades against and their weights. It is frozen at launch and copied into the launch’s own record; it never changes afterwards.
What can be in a basket
- Tokenized stocks: xStocks by Backed (AAPLx, NVDAx, SPYx …) that carry a Meteora token badge. These are Token-2022 mints with issuer controls; see Risks.
- Large Solana tokens: SOL, USDC, JUP, BONK and others above a market cap and liquidity threshold.
Weights
Whole percentages that add up to 100, at least 5% each. The largest weight is shown first everywhere. Weights decide how supply is split across pools and how a buy through Blend is split across them; they do not rebalance. A basket drifts as prices move, and that is fine: it is a mix, not a fund.
Blend does not hold the stocks. There is no vault and no share token. Stock sits only inside the launch pools, deposited by buyers.