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Index Tracking
The PUMP 500 basket replicates SPY (SPDR S&P 500 ETF Trust) using tokenized equity wrappers from Backed Finance (bSPY) and Robinhood-tokenized share routes via Jupiter.
The first memecoin tracking the S&P 500. Hold $5 of $PUMP500 and receive fractional shares of the index — distributed on-chain to your wallet every two minutes via tokenized equities settled through Robinhood, Backed Finance, and Jupiter routing.
$PUMP500 is a Solana-based meme asset engineered to mirror the S&P 500. Every holder above the $5 threshold receives proportional, fractional exposure to the index — in the form of tokenized equity wrappers — distributed automatically every two minutes. There is no staking, no claim portal, no off-chain forms.
The PUMP 500 basket replicates SPY (SPDR S&P 500 ETF Trust) using tokenized equity wrappers from Backed Finance (bSPY) and Robinhood-tokenized share routes via Jupiter.
Creator fees and vault inflows are pooled, swapped into the basket, and dispersed pro-rata to eligible wallets every 2 minutes. Every transfer is a verifiable Solana transaction.
Hold at least $5 of $PUMP500 at the time of snapshot. Receive your share. No staking contracts, no claim windows, no KYC. Just hold.
The protocol implements a continuous-rebalance pro-rata distribution model. Each cycle is deterministic, on-chain, and verifiable on Solscan.
| Step | Stage | Description | Settlement |
|---|---|---|---|
| 1 | Fee Claim | Creator fees accrued on pump.fun are claimed each cycle and routed to the distribution vault. | pump.fun program |
| 2 | Budget Aggregation | Claimed fees are combined with vault liquidity to form the cycle distribution budget (denominated in SOL/USDC). | Vault PDA |
| 3 | Basket Acquisition | Budget is swapped into tokenized SPY exposure via Jupiter, sourcing liquidity from Backed bSPY pools and Robinhood-tokenized share routes. | Jupiter / Backed / Robinhood |
| 4 | Holder Snapshot | Indexer fetches all $PUMP500 holders. Wallets below the $5 USD threshold and program-owned wallets (burn, LP) are filtered out. | Solana RPC + Pyth |
| 5 | Pro-Rata Distribution | Acquired SPY tokens are split proportionally by $PUMP500 balance and transferred to eligible wallets. | SPL Token Program |
| 6 | Verification | All transactions emit standard SPL transfer events and are independently verifiable on Solscan. | Solana ledger |
The S&P 500 represents the 500 largest publicly traded U.S. companies, covering approximately 80% of total U.S. market capitalization. Below is a snapshot of the top weighted constituents reflected in each distribution.
| # | Constituent | Ticker | Sector | Index Weight |
|---|---|---|---|---|
| 1 | Apple Inc. | AAPL | Information Technology | 7.12% |
| 2 | Microsoft Corp. | MSFT | Information Technology | 6.84% |
| 3 | NVIDIA Corp. | NVDA | Information Technology | 6.21% |
| 4 | Amazon.com Inc. | AMZN | Consumer Discretionary | 3.74% |
| 5 | Meta Platforms Inc. | META | Communication Services | 2.51% |
| 6 | Alphabet Inc. Class A | GOOGL | Communication Services | 2.18% |
| 7 | Alphabet Inc. Class C | GOOG | Communication Services | 1.84% |
| 8 | Berkshire Hathaway Class B | BRK.B | Financials | 1.72% |
| 9 | Eli Lilly & Co. | LLY | Health Care | 1.45% |
| 10 | Tesla Inc. | TSLA | Consumer Discretionary | 1.38% |
| + 490 additional constituents tracked via tokenized index exposure | ||||
Every two minutes, the protocol publishes a new distribution. All transfers are settled on Solana mainnet and verifiable independently on Solscan.
| Time | Wallet | Constituent | Amount | Tx |
|---|---|---|---|---|
| Awaiting next cycle… | ||||
Eligibility is determined by an on-chain snapshot taken every two minutes. Wallets meeting the threshold at snapshot time receive a proportional share of the distribution.
Eligibility is recalculated each cycle using Pyth oracle pricing. Wallets that fall below the threshold are skipped for that cycle and resume on the next qualifying snapshot.
Distributions land directly in the wallet holding $PUMP500. There is no escrow, no claim portal, and no time-locked custody.
Each distribution emits a standard SPL Token transfer event. Every event is independently auditable on Solscan and Solana Beach.
$PUMP500 (Pump-five-hundred) is a Solana SPL token engineered to track the S&P 500. Each token holder above the $5 USD eligibility threshold receives pro-rata distributions of tokenized SPY exposure, funded by creator fees and a programmatic vault, every two minutes.
The basket replicates SPY (SPDR S&P 500 ETF Trust). The S&P 500 is a market-capitalization-weighted index comprising 500 leading publicly traded U.S. companies, representing approximately 80% of total U.S. equity market capitalization.
Hold at least $5 USD equivalent of $PUMP500 at the moment of snapshot. No lockup, no staking, no claim process. Burn wallets, LP, and program-owned accounts are excluded.
Every distribution is a standard Solana SPL Token transfer. The live feed above and the on-chain explorer (Solscan) are the canonical verification sources.
$PUMP500 is a memecoin. Tokenized equity wrappers carry counterparty and regulatory risk from their issuers (Backed Finance, Robinhood). Past index performance is not indicative of future results. Do your own research.
The first memecoin that puts the S&P 500 in your wallet — every two minutes, on-chain.