Selection Criteria
Defining the universe of eligible assets for OLTA Index Products.
OLTA applies a strict and transparent eligibility process to ensure that only high-quality assets are included in each Structured Index Product. These criteria are designed to protect investors, ensure regulatory defensibility, and maintain the integrity of the index methodology.
Eligibility Requirements
Regulatory & Legal
Asset Type Fungible, freely transferable, permissionless token (ERC-20 or equivalent).
Token Status Not classified as a security under MiCA (EU), the SEC, or any comparable regulator.
Listing Status Listed on at least two reputable CEXs or liquid DEX pools with verifiable order-book depth.
Liquidity & Market Depth
Market Capitalisation ≥ $80 million USD (free-float adjusted).
Free Float ≥ 30 % of total supply publicly circulating.
30-Day Average Daily Volume ≥ $4 million USD across eligible venues.
Slippage Tolerance ≤ 0.5 % for a $10 000 trade on a primary venue.
Pricing & Data Integrity
Pricing Reliability Real-time price feeds available through on-chain oracles or reputable DEX/CEX aggregators.
Data Availability Reliable market and on-chain data (volume, liquidity, supply) from multiple sources.
Protocol Maturity & Activity
Audit & Deployment Audited smart contracts, live mainnet deployment, and an identifiable team or DAO.
On-Chain Activity Meaningful usage metrics (active wallets, contract calls, staking participation).
Governance Visibility Public documentation of upgrade mechanics, treasury controls, and community channels.
Exceptions may be considered for thematic indices (e.g., RWA, AI) under specific governance approval.
Review & Maintenance
Assets are reviewed on a regular schedule, aligned with index rebalancing cycles.
A grace period may be applied to assets experiencing temporary breaches.
Emergency exclusions can be applied immediately if investor protection is at risk.
Notes on RWA & Security Tokens
OLTA reserves the right to launch separate thematic funds (e.g. RWA Sector Fund) to include security tokens or tokenized real-world assets. These funds would operate under stricter compliance controls and may be gated for institutional/professional access only.
Final Remarks
As more detailed in the Index Methodology Rulesbook, assets are re-evaluated on a regular basis, and eligibility does not guarantee long-term inclusion. This disciplined filtering process ensures that OLTA indices remain reliable, liquid, and representative of real market dynamics.
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