73 / 100
↑ 1 since last$Index
0x5691…389870· Robinhood ChainAll 2 checks
ngl, not gonna lie
The swap works and DefiLlama shows real fees and payouts, but the 15-minute payout claim isn't shown.
The site's swap gave a quote and built a transaction that would go through. DefiLlama independently records $1.87M in fees and $1.69M paid to holders, close to the site's own numbers. The 15-minute payout claim is contradicted by the site's own distribution dates, and the contract source is not verified.
Checked 1 h ago
Since the last check
The last check, 2 h ago: LEGIT 72. This one: LEGIT 73. See that check
- ↑
The swap works now
Before, the INDEX buy failed at simulation with a 'Too Many Requests' error; now the swap gave a quote of about 2,919 $INDEX for 0.01 ETH and the transaction would succeed in simulation.
Red flags1
15-minute payout cadence is contradicted
The site's recent distributions are days apart, and DefiLlama shows $0 in fees over 24h. Payouts look less frequent than promised.
DefiLlama: The Index
Watch out3
Basket size not shown as 18
The site lists 17 supported stocks plus others still to be added, not the 18 claimed.
$IndexlaunchContract source is not verified
Nobody can read what the contract does. Its bytecode shows no owner switch for minting, blacklists, taxes or pausing.
tokenownerReal audience, but X has gone quiet
20K followers with no empty-account sample, but the last post was 13 days ago. One post mentions scam or rug.
@TheIndexFi@TheIndexFi@jerry_Bob2@basedfloyd888
Checks out4
Swap works up to the wallet
The agent connected a wallet, entered 0.01 ETH and got a quote of about 2,919 $INDEX. The transaction the site built would succeed in simulation.
wallet requestscreenshotscreenshotFees and holder payouts show up on DefiLlama
DefiLlama lists $1.87M in all-time fees and $1.69M paid to holders, in line with the site's 821.86 ETH and $1.79M figures.
DefiLlama: The Indexclaim sourceClean launch, dev holds nothing
No one else bought in the launch block. The dev bought in the creation transaction but holds no tokens now.
launchdevSupply is spread out, with a small burn
The top 10 wallets hold 18%, including pools, and 1.95% sits at burn addresses.
tokenburn address, 1.95%burn address, <0.001%
Ask the agent
Anything about $Index. ngl answers from this check, or goes back to the site and tries what you ask.
Hands-on tests
WorksConnecting MetaMask test wallet
Wallet connects and signs sign-in message
- What it did:
- Clicked CONNECT, then MetaMask→ on the swap page.
- What the site showed:
- Wallet asked for a sign-in message (publicKey payload); test wallet signed it. Header shows 0xa954…d14a.
WorksBuying $INDEX with ETH (swap flow)
Swap reaches the wallet transaction request
- What it did:
- Entered 0.01 in the YOU PAY field (ETH), left INDEX/BUY selected, clicked BUY.
- What the site showed:
- Quote showed 1 ETH = 288,914.0 $INDEX, you receive 2,919.0 $INDEX ($23.51), minimum received 2,890.0 $INDEX. Wallet was asked to sign a transaction to 0xAF305d053f46338904Ba1fE52940D5724f6C24d1, value 0.01, call 0x90d5131e on chain 4663. ngl refused it; site then showed 'User rejected the request.'
