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The Index (INDEX): what it is, and is it safe?

Robinhood Chain memecoin · 0x5691…05389870 · Last checked

A NOWA- LAUNCHClean setup

What is INDEX?

The Index (INDEX) is a token on Robinhood Chain that pitches itself as the dividend layer of Robinhood: hold the coin, get paid in stocks. A fee taken in ETH on every trade of the token is used to collect a basket of tokenized stocks, which the project sends to holders' wallets at short intervals, with no staking or claiming.

The token entered the market in July 2026 and trades in a Uniswap v4 pool paired with ETH; MEXC also lists it, while Coinbase shows a price page but does not offer trading. No team members are named and no audit was found. An AirdropAlert write-up adds that fees from rwa.wtf, a leveraged trading platform for real-world assets, also feed the treasury.

Sources disagree on the size of the trading fee after an integration with Rialto, so the current fee is unclear. The stock payouts are the project's own mechanism, not a dividend from any listed company. It is on X as @TheIndexFi. The checks below show who controls the contract, who holds the supply and how the liquidity is held.

Updated 29 Oct 2026 · Sources: Coinranking: The Index, AirdropAlert: The Index, Oracle Owl's own on-chain checks

+2 more sources ▾

The Owl's verdict: Tradable

From the Owl's checks on contract, liquidity, holders, team and launch

Sells go through with no tax and there are no dev controls left. The catch is that only 91% of the main pool is locked. The launch was clean.

Why this looks good

checked facts · not a price call
  • Dev held no tokens in the first hour
  • Dev holds none of the supply
  • No mint function
  • No dangerous owner powers
  • Verified, non-upgradeable contract
  • Sell route works

The one thing to know: @TheIndexFi was created 6 hours before launch

INDEX at a glance

Can you sell?
Yes · no tax
Dev powers
None found
Liquidity
$746.7K · 91% locked
Selling $1,000
moves the price ~0.5%
Who holds it
top 10 hold 9.9% · dev 0.0% · launch buyers ~0%
The dev's record
At least 1 earlier launch; 1 of the latest 1 are dead
Bought before the public
2.8% of supply by 1 wallet
The dev's own bag
Minted the supply to itself · sold none in the first hour
Snipers in the first seconds
3.3% of supply by 1 wallet

The full report

Every check with its evidence: who bought before the public, the deployer's earlier coins, linked wallets among the top holders, and where the liquidity sits.

Open the full report

INDEX: common questions

Is INDEX safe?
No memecoin is safe. On our checks today INDEX has a clean setup. Our verdict today: Tradable. Main risk: Main pool 90.75% locked.
Can you sell INDEX?
Yes · no tax, from our sell check at the last scan.
Is INDEX's liquidity locked?
$746.7K · 91% locked.
Who holds INDEX?
Top 10 hold 9.9% · dev 0.0% · launch buyers ~0%.
Who launched INDEX?
At least 1 earlier launch; 1 of the latest 1 are dead.
What is INDEX's contract address?
0x56910d4409f3a0c78c64dd8d0545ff0705389870

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The Index (INDEX): automated on-chain checks, the same for everyone. Not financial advice. A snapshot at the time of the check: refresh before you buy.