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How Tricker works

A bag is three to five assets held at fixed weights and traded as one position. This page covers what that means in practice: how a bag is put together, how it is priced, and what you are exposed to when you trade it.

What a bag is

A bag (an onchain index, in the technical sense) is three to five assets with a weight assigned to each one. It is stored onchain, so its composition is fixed until whoever created it changes it. It does not drift as prices move.

The point is that the bag trades as a single thing. One order fills every leg, the position shows up as one line in your portfolio, and rebalancing is one transaction rather than one per asset.

Note

There is no Tricker token to buy. The protocol is the mechanism that holds a bag together; what you hold is the assets inside your bag.

Composition

A bag holds a minimum of three assets and a maximum of five. Bitcoin, Nvidia and gold can sit in the same bag, and they do not have to be on the same chain.

bag STORE BTC 40% spot, Robinhood Chain GOLD 35% spot, Ethereum SILVER 25% spot, Ethereum ──────────── total 100% 3 of 5 legs used

The lower bound of three is what makes it a bag rather than a position; the upper bound of five keeps the blended price cheap enough to refresh on every block.

Weights

Each leg carries a weight, and the weights have to add up to exactly 100% before a bag can be saved. They are written onchain with the bag and applied on every trade.

Because the weights are fixed, buying more of a bag does not change its shape: your order is split across the legs in the same proportions each time. Changing the weights is an explicit action by the bag creator, not something that happens as the market moves.

The blended price

The price of a bag is the weighted sum of its legs:

price = Σ (leg price × leg weight) example 0.40 × BTC + 0.35 × GOLD + 0.25 × SILVER

Leg prices come from DexScreener for tokens and from equity feeds for tokenized stocks and real world assets. The blend is recomputed every ten seconds, and the price you are quoted at execution is the one that fills.

Buying a bag

  1. Pick the bagAny bag on the board can be traded: there is no allowlist and no queue between saving one and trading it.
  2. Enter a sizeYour size is split across the legs by weight. A 2 ETH order on a 40/35/25 bag buys 0.8 / 0.7 / 0.5 ETH of the three legs.
  3. Confirm one transactionEvery leg settles in the same transaction, at the blended price shown before you sign.

Leverage

The same bag can be taken long or short through perps, with up to 5x leverage on the bag as a whole rather than on any single leg.

FieldWhat it means
collateralWhat you post to open the position. Denominated in the collateral asset of the market.
sizeCollateral × leverage. This is the exposure to the whole bag.
liquidationThe blended price at which the position closes. Shown before you open it, and it excludes funding and fees.
fundingPaid between longs and shorts while the position is open, on the bag as a whole.
Warning

Leverage cuts in both directions. A 5x position is liquidated on a move of roughly 20% against you before funding and fees, and the move that matters is the blended one: a single leg can be flat while the bag is not.

Fees

There is no listing fee and no approval queue: a bag costs nothing to create beyond the gas of saving it.

FeeAmount
listingNone.
spot trade[your fee schedule]
perp open / close[your fee schedule]
gasOne transaction per trade, whatever the chain charges, not one per leg.

Chains and assets

ChainAssets
Robinhood ChainTokens, tokenized stocks (TSLA, NVDA, AAPL), real world assets (gold, silver, crude)
EthereumTokens and tokenized assets
BaseTokens
BNB ChainTokens
SolanaTokens

Launching one

  1. Connect a walletThe wallet that saves the bag is its creator, and the only one that can change its weights afterwards.
  2. Choose three to five assetsAcross any of the supported chains.
  3. Set the weights to 100%Anything else is rejected at save time.
  4. Save itThe bag is live from that block. There is nothing to wait for.

Risks

  • A bag is only as good as its legs. Bundling assets does not remove the risk in any of them; it changes how many transactions you need to hold them.
  • Thin liquidity in one leg affects the whole blend, both when you buy and when you exit.
  • Leveraged positions can be liquidated. The liquidation level shown excludes funding and fees, so the real one arrives sooner the longer a position stays open.
  • Price feeds can be stale or wrong. The blend is only as reliable as the feeds under it.
Build a bag Read the explainer