what's alvara protocol?
Alvara Protocol is a decentralized platform on Ethereum that enables users to create and manage tokenized baskets of crypto assets using the ERC-7621 token standard. It allows anyone to build custom baskets, known as BSKTs, which can include a minimum 5% allocation to the native ALVA token and up to 95% customizable assets. The BSKT Lab serves as the core infrastructure for designing, deploying, and redeeming these baskets, promoting widespread adoption of basket token technology. The platform supports self-custodial management and aims to democratize asset management without gatekeepers. Recent developments include the public release of BSKT Lab on October 14, 2025, and integrations for improved liquidity and cross-chain expansion.
Doxxed Alvara team; market cap reached $100M ATH, now under $3M.
contract
ethereum
avalanche
Participated in an AMA with DEXTools discussing onchain investing and decentralized asset management on February 11, 2026.
Integrated 1inch Swap API to enable basket managers to access aggregated liquidity from Uniswap v2, v3, Curve, Balancer, and other DEXs.
Reached an all-time high market cap close to $100M and is currently sitting at under $3M market cap.
Team members are doxxed.
$ALVA token is available for volatility farming on Peapods protocol on Ethereum with 36.9% APY as of November 6, 2025.
The project invented the ERC-7621 token standard to position as an aggregator and focuses on building tokenized active management funds rather than passive strategies.
Representative appears on Rollup TV at 12:00p ET today to discuss the project.
AMA scheduled for October 21, 2025 at 6PM UTC.
BSKT basket token records over 90 mints and $102.5k in TVL within the first 2 hours of launch.
Mainnet is now live and operational. Onchain baskets product launches today as scheduled.
BSKT Lab product release scheduled for October 14, 2025.
Full public release scheduled for 14 October.
Protocol revenue from basket creation fuels automatic buybacks, with yield distributed through SRV pool revenue sharing and monthly ALVA buyback streams.
BSKT Lab Beta launches with NFT mint (.01 ETH) that auto-buys and stakes ALVA, plus 6-month holder airdrop and staking rewards program.
Mainnet and Initial Basket Offering (IBO) launching in 2 days.
BSKT testnet launches today with rebrand, implementing 5% ALVA buy pressure requirement for basket deployment.
New token standard ERC-7621 deploys today, bringing $12T global ETF market on-chain with basket token portfolios.
Mainnet launch upcoming. Will allow users to create their own index fund. Implements ERC-7621.
Mainnet launch upcoming. Market players expected to be required to purchase portion of supply.