INDEXFY MAG7
M7 · Index on Base
Price
$0.9478
24h
▲ 0.2%
Since launch
▼ 5.2%
TVL
$13
Before launch on Oct 21, 2026, the line shows what today's basket would have been worth.
About
INDEXFY MAG7 (M7) holds the seven largest US tech companies — Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta and Tesla — in equal weights of about 14.3% each, so no single company dominates.
Each stock is held as a Coinbase tokenized stock on Base. Every M7 is fully backed by those tokens: mint it by depositing the basket, redeem it for its share at any time, or buy and sell it with USDC.
Tokenized stocks are issued by Coinbase and depend on it. The underlying shares only trade during US market hours, while the tokens trade around the clock, so prices can move sharply at the market open.
Changes to the basket go through a 24-hour timelock, so holders always see them in advance and can redeem first.
Onchain mandate
Magnificent 7, equal weight: Apple, Microsoft, Alphabet, Amazon, NVIDIA, Meta, Tesla (Coinbase tokenized stocks on Base)
Composition
| Asset | Price | 24h | Per M7 | Value held | Weight | Target |
|---|---|---|---|---|---|---|
AppleAAPLc | $346.81 | ▼ 1.4% | 0.000414877 | $1.94 | 15.2% | 14.29% |
MicrosoftMSFTc | $534.94 | ▼ 1.8% | 0.000268733 | $1.94 | 15.2% | 14.29% |
AlphabetGOOGLc | $290.60 | ▲ 0.2% | 0.000428767 | $1.68 | 13.1% | 14.29% |
AmazonAMZNc | $272.00 | ▲ 1.5% | 0.000545261 | $2.00 | 15.6% | 14.29% |
NVIDIANVDAc | $175.56 | ▼ 1.3% | 0.000647714 | $1.54 | 12.0% | 14.29% |
MetaMETAc | $650.65 | ▲ 0.6% | 0.000200911 | $1.77 | 13.8% | 14.29% |
TeslaTSLAc | $385.82 | ▲ 3.3% | 0.000370162 | $1.93 | 15.1% | 14.29% |
Current weights move with prices; the basket returns to its targets only through a rebalance, which goes through the index's 24-hour timelock.
Details
- Token contract
- 0x1f5F…6175
- Network
- Base
- Launched
- Oct 21, 2026
- Supply
- 13.5121 M7
- Mint fee
- 0.25%
- Management (TVL) fee
- 0.20% / year
- Redeem fee
- None
- Admin & rebalances
- 24-hour timelock0xfB50…2d7D
Governance
Every change to this index is scheduled publicly and can only run after a 24-hour delay, so holders can review it and redeem first if they disagree.