The Index 

INDEX Price

What is The Index (INDEX) crypto?

The Index (INDEX) is a community token on Robinhood Chain — the Arbitrum Orbit layer-2 that Robinhood launched for onchain tokenized US stocks in July 2026. The protocol's tagline is "hold it, get paid in stocks": INDEX trades carry a 3% fee paid in ETH, and the accumulated ETH buys a basket of tokenized stocks distributed pro-rata to eligible holders every 15 minutes. The project brands itself an "RWA dividend protocol," though rewards are tokenized instruments, not brokerage shares.

Is The Index (INDEX) the same token as Index Cooperative's INDEX?

No. The Index on Robinhood Chain is a rewards protocol token with the ERC-20 contract 0x56910d4409f3a0c78c64dd8d0545ff0705389870 on chain ID 4663. Index Cooperative issues a separate, unrelated governance token that also uses the INDEX ticker on Ethereum. DropsTab classifies the Robinhood Chain asset under Tokenized Stock; the two tokens share nothing beyond the ticker.

How does The Index (INDEX) rewards distribution work?

Every INDEX trade carries a 3% fee paid in ETH. The protocol converts the accumulated ETH into tokenized stocks on Robinhood Chain and distributes them pro-rata to eligible holders every 15 minutes. Eligibility requires holding at least 10,000 INDEX. The team's X account has claimed over $1.3M in cumulative rewards distributed — a self-reported figure, not independently audited.

Which tokenized stocks are in The Index's reward basket?

The basket covers roughly 18 tokenized stocks on Robinhood Chain, including Apple, Nvidia, Tesla, AMD, Palantir, and SpaceX under the SPCX ticker. New stocks join the basket as their on-chain liquidity reaches the required depth. All rewards are tokenized instruments issued on Robinhood Chain, not shares held at a brokerage.

Are INDEX rewards real shares with dividends or voting rights?

No. Per the project's official disclaimer, distributions consist of tokenized stocks, not brokerage shares. The rewards carry no voting rights and no dividends. US regulators treat tokenized securities as regulated instruments, and the legal treatment of the space remains unsettled — so the "RWA dividend protocol" framing is marketing, not an ownership claim in any issuer.

What is INDEX's total supply and unlock schedule?

INDEX has a fixed maximum supply of 1,000,000,000 tokens. Per DropsTab data, total supply stood near 980.5 million INDEX as of September 2026 — roughly 98% of the cap. No vesting schedule, team lockups, or scheduled unlocks are published, and no allocation breakdown exists. The low supply-inflation risk comes with a trade-off: no disclosed locked team allocation aligns insiders with holders.

Who funded The Index and is there VC backing?

No funding rounds, raise amounts, or institutional investors have been publicly disclosed for The Index. The token originated as a community project on Robinhood Chain and may have no traditional VC round at all. With no disclosed backers, investor concentration cannot be assessed in either direction.

Where can you buy and trade INDEX?

Per DropsTab data, INDEX trades on 20+ markets across multiple venues. Centralized spot listings include LBank, MEXC (USDT and USD1 pairs), and Poloniex; MEXC Futures and Gate.io Futures run INDEX_USDT perpetuals. Primary liquidity sits on-chain in Uniswap V3 and V4 pools on Robinhood Chain, mainly INDEX/WETH and INDEX/USDG. Depth is concentrated on a single chain, and the CEX venues are second-tier.

Does The Index have an airdrop to claim?

No. The Index runs no airdrop, quest, or points campaign — stock rewards are distributed automatically by the protocol to wallets holding 10,000+ INDEX, with no manual claim step. Third-party "INDEX airdrop claim" and "checker" pages circulate regardless; they match known phishing patterns and are not official.