Alvara Protocol launches BSKT Lab on October 14, bringing tokenized baskets to DeFi investors through on-chain automation
Author: Chirag Sharma
Published On: Sat, 04 Oct 2025 19:28:20 GMT
October 3, 2025 â Alvara Protocol is officially opening its BSKT Lab to the public on October 14, ushering in a new era for decentralized, automated asset management. Built on the ERC-7621 standard, the BSKT Lab lets users mint and manage tokenized investment basketsâeach functioning like an on-chain ETF. After a successful beta and security audit by CertiK, this public release positions Alvara as a pioneer in simplifying crypto portfolio diversification through automation.
Alvaraâs journey to this milestone began earlier in 2025 with its mainnet debut and closed beta release of BSKT Lab on August 14. Early testersâknown as âPioneersââdeployed over 100,000 ALVA tokens and achieved more than $90,000 in total value locked.
The beta phase introduced advanced features like token-specific slippage protection, auto-tax detection, and direct withdrawal functionality, all while maintaining high transaction efficiency. CertiKâs audit in June validated the protocolâs robustness, paving the way for a secure and global rollout.
With the public launch, BSKT Lab transitions from experiment to infrastructureâgiving users the tools to design, rebalance, and share portfolio tokens that reflect real-world investment themes.
At the center of the ecosystem is the BSKT (Basket Token)âan ERC-7621-compliant token representing a bundle of multiple crypto assets. Users can create diversified portfolios like âTop 10 DeFi tokensâ or âAI ecosystem plays,â all managed on-chain.
Each basket automates rebalancing and fee distribution, allowing creators to earn a share of assets under management. These BSKT tokens are tradable on Uniswap, with integrations for 1inch and Uniswap V3 underway to enhance liquidity.
The ALVA token powers governance and reward mechanisms through veALVA staking, while a marketplace allows for trading management rightsâa feature akin to decentralized fund franchising.
Beta participants have already showcased the potential of BSKT through standout portfolios like Chain Spark and AI Titans, which consistently outperformed during volatile periods. Public dashboards on Dune reveal BSKTsâ ability to mitigate drawdowns, reinforcing their utility as yield-bearing, risk-optimized instruments.
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As the full launch nears, Alvaraâs community governance is expected to expand, enabling leaderboard-driven incentives for top-performing basket creators. Analysts forecast strong adoption momentumâespecially as DeFi investors seek automated, compliant exposure that bridges TradFi principles with crypto-native yield mechanics.
Real voices. Real reactions.
Baskets opening up for everyone on 14 October. Create or join your own personalized basket of tokens which are basically miniature ETFs that open up tons of strategies. You know already if you've seen me mention it before. Basket season is upon us đ https://t.co/JpwIKFB6Pw
$ALVA l @AlvaraProtocol Mark the date on your calendars: 14.10.2025 $ALVA full public release coming within 10 days after rigorous testing by community and team the past few weeks As mentioned in my previous posted, we have bottomed out and ready for upwards now, especially https://t.co/z5N9d7cK6a https://t.co/n9fGTnji2K
âł 11 DAYS $ALVA MAINNETâł Alvara's full public launch is upon us, BSKT szn couldn't come at a better time. Once live, expect TVL to flood in as managers and investors begin stacking conviction baskets. đ§ș â Built-in demand â every BSKT minted includes 5% $ALVA weight. â https://t.co/JM5oob9n5c
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