Understanding Performance

The Alvara platform provides several metrics to help you evaluate BSKT performance and make informed investment decisions.

Key Metrics

Price

The current price of one LP token, derived from the total value of the basket's underlying assets divided by the total LP token supply. Price changes reflect both market movements of constituent tokens and any rebalancing actions by the manager.

TVL (Total Value Locked)

The total USD value of all assets held in the BSKT. Higher TVL generally indicates greater investor confidence, but is not a guarantee of future performance.

Returns

Performance measured over standard timeframes:

• 24h: Short-term price movement

• 7d: Weekly performance

• 30d: Monthly performance

• All-time: Since the BSKT was created

Returns account for changes in underlying token prices and any rebalancing activity.

Token Allocation

The current breakdown of which tokens the BSKT holds and their respective weights. This may differ from the target weights if token prices have moved since the last rebalance.

Risk Ratings

BSKTs display third-party risk ratings powered by Xerberus for each constituent token. Ratings range from AAA (lowest risk) to D (highest risk) and are based on independent analysis of token fundamentals, liquidity, and market data.

These ratings provide an additional data point for evaluating the risk profile of a basket, but should not be the sole basis for investment decisions.

Activity History

Every BSKT maintains a complete, on-chain transaction history including:

• Deposits: When investors add capital

• Redemptions: When investors withdraw

• Rebalances: When the manager changes the allocation

• Emergency events: If the manager triggers emergency controls

This history is fully transparent and verifiable on-chain.

Evaluating a Manager

Beyond individual BSKT performance, consider the manager's broader track record:

• How many BSKTs do they manage?

• What is their combined AUM?

• How consistent is their performance across baskets?

• How frequently do they rebalance?

• Have they linked a verified identity (X profile, Gitcoin Passport)?

The Manager Leaderboard aggregates these data points to help you compare managers.