At Vectorspace AI X, we build financial products, instruments and trading vehicles using the latest in AI models and datasets to provide institutions, investment funds and traders with an edge.
An invite-only (contact us for invites below) option is open for OTC investors for our new exchange-traded SNX10 short index option fund for crypto - similar to an ‘inverse ETF’.
The SNDX Short Index Option Fund Profile
Key Objectives:
Traders can short a list of cryptos with the SNX10 AI-driven short index, similar to an 'inverse ETF' which holds 10 cryptos.
When the SNX10 goes up, traders profit as cryptos in the SNX10 index go down.
Hedge long positions using the SNX10.
Asset Type: Crypto
Exchanges: ProBit.com, others
Position Type: Short
Symbol: SNX10
Price: (index option price model)
Name: AI-Driven Capital Weighted Short Index Option Fund for 10 Cryptos (SNX10) - by Vectorspace AI X
Theme: Memecoins (community-driven themes included)
Index Components: 10
Marketcap: $-
Token type: ERC-20
Contract Address: 0x7d5acab282bcd4bd7d3a785b73cfaa359a6526d5 (etherscan.io)
Max Supply: 1B
Circulating Supply: 900M
Assets Under Management (AUM): $-
Net Asset Value (NAV): $-
Current Phase 1: Invite only & limited time only
A ‘Basket Moneyball’ contest for best performing basket index built by the public traded by the SNX10 will be held on a regular basis with 1st, 2nd and 3rd prize winners receiving $1,000, $500 and $100 amounts in USDT/USDC or SNX10.
First 100 get 20% discount to the fair market value price.
VAIX, SBIO holders get 50% discount to the fair market value price for a limited time.
Initial Trading, Capitalization & Liquidity Structure:
Phase 2: 3/20/25
SNX10 multiple exchange listings: $500k
Market Making (MM) & Institutional: $100k
Dashboards for price, charting, analysis and historical data
Phase 3: 4/1/25
Marketing & Communications (MarCom): $100k
Analysts reports: Bloomberg, Morningstar, S&P e.g. morningstar.com/best-investments/digital-asset-funds
Write-ups, editorials, journalists & influencers
Global market quotation databases: e.g. morningstar.com/etfs/bats/feth/quote
Phase 4: 4/5/25
Extended options contract trading capabilities: $50k
Expanded contests, predictions, ways to win w/ leaderboards
Satellite payload launches for generation of high-value datasets used for hedge fund operations & management
Current Index Holdings:
Initially a rotation and rebalance of 10 memecoins decided on by the VAIX community.
Strategy, Analysis & Insights:
The SNX10 is a AI-driven short index option for cryptos and serves as a trading vehicle similar to any exchange-traded index funds such as the QQQ's or GBTC or BlackRock’s BUIDL. Traders can short crypto with the SNX10 AI-driven short index, similar to an 'inverse ETF'. When the SNX10 goes up, traders profit as cryptos in the SNX10 index go down. The SNX10 can be used to hedge long positions.
The objective of the investment is to track the performance of 10 short positions in crypto, as measured by the performance of human-in-the-loop AI models developed by Vectorspace AI X adjusted for transaction fees The index is constructed using price feeds from quotation services such as coinmarketcap.com, coingecko.com for crypto. The standard index option pricing model is used to calculate the fair value price of SNX10 at any given time. To provide additional returns in the the form of dividends or bonuses of any kind, the index option fund maintains hedge fund operations which include real-time thematic index positioning based on specific AI models.
More:
Shorting Cryptos for Fun & Profit with the SNX10 Index Fund
Similar crypto exchange-traded index funds (long):
BlackRock’s BUILDL Fund Tops $1B with Ethena’s $200M Allocation
To request invites or for more information contact: Telegram, vectorspacebios.science/finance, or support@vectorspace.ai