NEX Protocol
  • NEX Mission and Vision
  • Combining the Best of Both Worlds
  • Spot - Indices
    • NEX Spot Indices aim
    • Smart contract types
    • Built-to-Last Smart Contract Design
    • Minting an index token
    • Product overview
      • Crypto 5 Index
      • Anti-Inflation Index
        • Pilot Project: Deploying ANFI as a Global Currency in Hyperinflated Economies
      • Artificial Intelligence Index (Upcoming)
      • Arbitrum Index
      • Magnificent 7 Index
      • BTC-Bond (Upcoming, see principal protected note)
  • Protocol Structure
    • CCIP Integration
      • Re-Indexing and Re-weighting
      • Issuance and Redemption
    • Automatic Rebalancing Mechanism
    • Managing staking and rewards
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      • Chainlink Proof of Reserve
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    • Introduction
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  • ADDITIONAL INFORMATION
    • How to guides
      • Purchase an index
      • Sell an index
    • Roadmap
      • Performance indicators
      • Unlocking the Institutional Investment Market
      • Live Chat Assist
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      • Limit and Advanced Order Types
      • DCA Tool
  • MiCAR compliance
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  1. ADDITIONAL INFORMATION
  2. How to guides

Sell an index

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Last updated 2 days ago

Note: Currently we are using mint/burn only. In the future we plan to ad Uniswap pools that massively lower the transaction costs for users and enable derivative trading products and limit orders.

🔥 Burn (Redeem) Your Index Token

When you're ready to exit and receive back the underlying assets:

  1. In the trade page just change the place of the index token you hold to the input token.

  1. Enter the amount of the index token you want to burn.

  1. Approve the transaction in your wallet (first time only).

  2. Confirm the burn transaction.

✅ Step 6: Done!

  • Your index token balance will appear in your dashboard.

You can track performance and manage your investment anytime.