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Live on Robinhood Chain · Chain ID 4663

The Magnificent Seven.
One token.

The first MAG7 index token anywhere on-chain. One fully collateralized token holding AAPL, MSFT, GOOGL, AMZN, NVDA, META and TSLA — priced by Chainlink, redeemable in-kind around the clock, with every protocol fee flowing to $M7 buybacks and stakers, enforced by code.

Launch App How it works
Built on Robinhood Chain Priced by Chainlink Routed through Uniswap V4 Redeem anytime, in-kind 0.30% mint fee, capped at 1%
NAV per share
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reads on-chain
Total value locked
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fully collateralized
hMAG7 supply
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index shares outstanding
$M7 burned
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bought back & burned, verifiable on-chain
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The Index

One token, seven giants — priced live by Chainlink.

Every component below is a real stock token issued on Robinhood Chain, with its own native Chainlink USD price feed. The prices in this table are read directly from those oracles by your browser — the exact same feeds the vault uses to compute NAV. No backend, no API, no trust required.

MAG7 equal-weight index
reconstructed from on-chain Chainlink oracle rounds
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Loading on-chain price history…
Every point is a real Chainlink oracle round stored on Robinhood Chain — indexed to 100 at the chain's launch. Your browser reads them directly; nothing is served from a database.
Asset Chainlink price Target weight Units / share In vault Oracle
Connecting to Robinhood Chain…
How it works

Real ETF mechanics, rebuilt on-chain.

hMAG7 borrows the creation/redemption model that makes traditional ETFs work — and removes the parts that require trust: the custodian, the transfer agent and the fund admin are all replaced by an immutable smart contract.

01

Fully backed, in-kind

Mint hMAG7 by depositing the seven components at fixed creation units. Redeem any time and receive the underlying stock tokens back, pro-rata. No cash settlement, no counterparty, no IOU.

02

Priced by Chainlink

Each component has a native Chainlink USD feed on Robinhood Chain. Dividends and stock splits are already reflected in the oracle price via the ERC-8056 corporate-action multiplier.

03

Open 24/7

Stock tokens trade around the clock — so does the index. Creation and redemption never close, and arbitrage keeps any secondary-market price pinned to NAV.

04

Fees burn $M7

0.30% on mint, 0.30% on redeem and a 1% p.a. streaming fee flow to a converter contract whose only possible output is buying $M7 and sending it to the burn address.

Read the full explainer — with live data →

Own the seven giants.
Skip the seven brokers.

One token. One transaction. Zero trust required.

The App

A terminal, not a promise.

Live Chainlink prices, 7-day sparklines, one-click mint and redeem, staking and a real-time activity feed — reading straight from the chain, with nothing served from a database.

The hMAG7 app
Open the app
The Token

$M7 — the only exit for protocol fees is the burn address.

Most "buyback" tokens run on promises. hMAG7 runs on bytecode: the FeeConverter contract has no withdrawal function. Fee shares can only be redeemed into stock tokens, sold at a Chainlink-enforced price floor, and split two ways — $M7 buyback & burn to 0x…dEaD, and WETH rewards to $M7 stakers via a trustless staking pool with no owner and no admin keys. Nobody — not even the team — can route it anywhere else.

Mint / redeem / streaming feespaid in hMAG7 shares
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FeeConverterredeems shares into the 7 stock tokens
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Sold for WETHChainlink price floor, max 1% slippage
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$M7 buyback → 🔥 burnsent to 0xdead, tracked by totalBurned()
💸

100% of protocol fees

Every fee stream — mint, redeem, streaming, plus the trading fees from the $M7 launch — ends in the same pipeline: burn $M7, reward $M7 stakers. Hold to bet on scarcity, stake to earn WETH cash flow.

🔍

Verifiable, not promised

The burn counter on this page reads totalBurned() straight from the contract. Check every burn transaction yourself on Blockscout.

🔒

No withdraw function

Fees are collected in shares by the FeeConverter, which has no way to pay anyone out. The only path they can take is buyback & burn — that isn't a promise, it's the absence of a function.

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$M7 permanently removed from supply
Buy $M7 ↗
Live protocol activity
every mint, redeem and burn — straight from the chain
    The protocol hasn't launched yet.
    From day one, every mint, redeem and $M7 burn will appear here in real time — with a link to its transaction.
    Security

    Built to be un-ruggable.

    The vault was designed so that the questions degens have learned to ask — "can the team pull the liquidity? change the rules? pause my exit?" — are all answered by the bytecode itself: no.

    ✓

    Immutable basket

    The seven components and their creation units are fixed at deployment. There is no function to swap, add, remove or re-weight assets. Ever.

    ✓

    Hard-capped fees

    Mint and redeem fees can never exceed 1%, the streaming fee never 2% p.a. — the caps are compile-time constants, not admin settings.

    ✓

    No upgradeability, no pause

    No proxy, no upgrade path, no pause switch. The code that holds your collateral today is the code that holds it forever — and redemption can never be frozen.

    ✓

    No admin withdrawal

    Neither the owner nor the keeper can move collateral. Protocol fees have exactly two exits — the burn address and the ownerless staking pool — both enforced by bytecode.

    ✓

    Oracle-enforced conversions

    When fees are converted, every stock-token sale is checked against its Chainlink price on-chain — a malicious or compromised keeper cannot sandwich value out.

    ✓

    Your exit never depends on a DEX

    Redemption is in-kind: you always get the underlying stock tokens back directly from the vault, regardless of how thin secondary-market liquidity gets.

    ContractRoleAddress
    IndexVaulthMAG7 token · in-kind mint & redeemDeploying — published at launch
    NavLensNAV & basket data via ChainlinkDeploying — published at launch
    ZapV4One-click mint: ETH → basket → hMAG7Deploying — published at launch
    FeeConverterBuyback & burn engine + staking splitDeploying — published at launch
    M7StakingStake $M7, earn WETH from feesDeploying — published at launch
    IndexFactoryPermissionless index creation — hMAG7 is index #1Deploying — published at launch
    All contracts are verified on Blockscout at launch.
    ✓ 20/20 unit tests  ·  2/2 mainnet fork tests against live Robinhood Chain state
    FAQ

    Questions, answered.

    What exactly is hMAG7?
    An ERC-20 token on Robinhood Chain that is fully collateralized, 1:1, by an equal-weight basket of the seven MAG7 stock tokens (AAPL, MSFT, GOOGL, AMZN, NVDA, META, TSLA) issued on-chain by Robinhood. One transaction gives you diversified, 24/7 exposure to all seven — like an ETF share, except the "fund" is an immutable smart contract you can read.
    What backs it, and how can I verify that?
    Every hMAG7 share is backed by a fixed quantity of each of the seven stock tokens, held by the vault contract. The basket table on this page reads the vault's balances and Chainlink prices live from the chain — and you can verify the same numbers independently on Blockscout. There is no custodian and no off-chain asset.
    How do dividends and stock splits work?
    Robinhood's stock tokens implement ERC-8056: corporate actions adjust an on-chain multiplier instead of your balance, and the Chainlink price feeds already include that multiplier. Dividends therefore accrue into the value of the tokens the vault holds — hMAG7's NAV captures them automatically, with zero action needed from holders.
    What are the fees?
    0.30% on mint, 0.30% on redeem, and a 1.00% per-year streaming fee — comparable to a traditional thematic ETF. All caps are hard-coded: mint/redeem fees can never exceed 1% and the streaming fee can never exceed 2% p.a. Every fee flows to the on-chain buyback-and-burn of $M7.
    How do I mint or redeem?
    Open the app, connect your wallet on Robinhood Chain, and pay with ETH — one transaction buys all seven stock tokens on Uniswap V4, puts them into the vault and hands you hMAG7. Unused ETH is refunded. Already hold the seven components? Mint in-kind instead and skip the swaps. Redeeming always returns the components pro-rata.
    What does the $M7 token do?
    It captures 100% of protocol fees (plus the trading fees from its own launch), in two ways: fees buy $M7 on the open market and burn it, and a fixed share is paid as WETH to $M7 stakers through an ownerless staking contract. The split is set once at launch and can never be changed — the FeeConverter has no withdrawal function.
    Is hMAG7 the only index? Can I launch my own?
    hMAG7 is index #1 in the IndexFactory — an on-chain registry where anyone can launch new baskets (an AI index, a crypto-equities index, …) permissionlessly, with the exact same guarantees: immutable basket, capped fees, in-kind redemption. Index creators earn fees — launch yours here: a fee-splitter contract routes a fixed share of your index's mint/redeem/streaming fees to you, and the rest into the $M7 buyback pipeline — set once at creation, immutable after.
    What if DEX liquidity for stock tokens is thin?
    It doesn't affect your exit. Redemption is in-kind straight from the vault, so you always receive the underlying tokens regardless of pool depth. Thin liquidity only delays the fee-conversion pipeline — fees simply accumulate in the converter (visibly, on-chain) until they can be converted at a fair Chainlink-checked price.
    Who can use hMAG7?
    Robinhood's stock tokens are available in 120+ countries but not to U.S. or U.K. persons, and hMAG7 inherits that restriction since it holds them. The protocol itself is permissionless code; complying with your local rules is your responsibility. Nothing on this site is investment advice.
    Ready?

    Seven giants. One click.

    Mint your first hMAG7 in under a minute.

    Launch App