Introduction to Trackr
Asset Management on Arbitrum
What is Trackr?
Trackr has been built to realise the full potential of index funds in crypto. DeFi aims to create a parallel financial system, however, index funds currently represent a tiny fragment of the total value held in crypto, which is in stark contrast to the trillions of dollars these vehicles hold on traditional banking infrastructure. It is time to deliver highly efficient, DeFi native, multi-chain asset management infrastructure that can power the next generation of index products and fuel the growth of this important segment.
Trackr is the new home for index investing on Arbitrum that will provide a suite of crypto-native index products covering the major themes and sectors from across the EVM ecosystem.
Powered by Phuture v2, Trackr will be the first onchain index provider to support cross chain collateral through major breakthroughs in multi-chain trading and accounting. Index funds managed by Trackr will be fully collateralised transparently onchain and free to compose throughout DeFi.
What’s been holding us back?
The limited adoption of index funds are a reflection of the limited utility they have provided thus far and this can be attributed to several key factors.
Zero access to native cross chain assets and liquidity
Crypto is a multi-chain universe and a single chain can no longer represent the assets of an entire sector. Single chain indices cannot provide a true benchmark for a theme or sector in 2024 and as a result provide limited utility to holders.
High primary market gas fees
High gas fees make the primary market inaccessible for regular users and force index providers to deposit liquidity on exchanges for cheaper access. This increases the cost of launching new index products and makes it harder to support a broader catalogue of products.
Limited availability of reliable pricing for assets
Empirically, pricing for longer tail assets has been harder to access reducing the number of tokens an index has access to. This has made it difficult to track high growth, up and coming segments of the market.
The solution — Trackr
Trackr solves these issues and is primed to establish the first onchain index to reach $1bn under management.
Multi-chain exposure
Trackr’s index products can seamlessly reach all corners of the EVM ecosystem and provide complete coverage of any segment of the market.
Low cost primary market access
Trackr’s index products feature a cash reserve system that drastically lowers the gas costs associated with minting and redemption. Moreover, the Arbitrum network ensures all our users get cheap and instant transactions.
An index for every segment
By lowering the amount of upfront capital required to deploy a new index, we are able to maintain a broader catalogue of products which cover a wider array of market segments.
Access to long tail assets
We have access to over 1000 price feeds through our price feed partners, allowing us to be first to create products covering nascent, high growth sectors.
Sourcing the best liquidity
Our multi-chain trading capabilities allow our index products to trade on the chain with the best liquidity, routed through 0x exchange aggregator to ensure best pricing.
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