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INDEXFY MAG7

M7 · Index on Base

Price

$0.9478

24h

▲ 0.3%

Since launch

▼ 5.2%

TVL

$13

Price

7d30d90d1y

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

M77 assets
AssetPrice24hPer M7Value heldWeightTarget
AppleAAPLc
$346.81▼ 1.5%0.000414877$1.94
15.2%
14.29%
MicrosoftMSFTc
$534.94▼ 1.8%0.000268733$1.94
15.2%
14.29%
AlphabetGOOGLc
$290.60▲ 0.4%0.000428767$1.68
13.1%
14.29%
AmazonAMZNc
$272.00▲ 1.7%0.000545261$2.00
15.6%
14.29%
NVIDIANVDAc
$175.56▼ 0.9%0.000647714$1.54
12.0%
14.29%
MetaMETAc
$650.65▲ 1.0%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.

Pending changes