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OTHVERA
Infrastructure preview

Verifiable on-chain index infrastructure.

Infrastructure for transparent, asset-backed, in-kind redeemable tokenized index products with deterministic verification and canonical on-chain ownership.

Testnet runs on Solana Devnet. No mainnet availability is implied.

Basket Assets

Assets defined by methodology.

A deterministic methodology defines the exact composition — which assets, in what proportion — that a product represents.

Core stack

A stack of composable rails, not a monolith.

Components are designed to be integrated against. Not all are claimed to be publicly deployed.

Othvera Protocol

Core rails

The on-chain programs governing composition, custody, share issuance, and redemption.

Othvera Create

Product definition

Defines a product's deterministic methodology and composition parameters.

Othvera Registry

Discovery

Resolves products and representations. Discovery is distinct from verification.

Othvera Verify

Verification

Evaluates machine-readable state against evidence — PASS, FAIL, or UNKNOWN.

Othvera Indexes

Products

Index methodologies expressed as tokenized, in-kind redeemable products.

VOTH

Verification standard

The machine-readable verification standard / trust layer used to describe and check claims.

vothprotocol.com ↗

How it works

Deterministic composition, real custody, proportional redemption.

  1. Deterministic methodology defines product composition.

  2. Users deliver the required basket.

  3. Vault receives actual assets.

  4. Canonical shares are minted according to protocol rules.

  5. Backing, custody, supply, and authority state can be independently inspected.

  6. Shares can be burned for proportional in-kind redemption.

No oracle-based NAV. The current deposit and redemption model is proportional-token / full-basket and is designed without requiring an oracle for valuation.

Interactive verification

Claims you can inspect, one at a time.

Select a claim to see what is checked, what evidence supports it, and why machine-verifiable infrastructure matters. This panel uses synthetic demonstration data.

example:solana:index-product · demonstration dataPass: All checks pass (synthetic)
  • What is checked
    Whether the underlying assets are held by the canonical program-controlled vault.
    Supporting evidence
    Native, deterministic on-chain account state (custody accounts).
    Why it matters
    Custody that can be read directly from chain state does not require trusting a claim.

Synthetic example for demonstration only. Not a live product and not production data.

Release discipline

Explicit gates. Nothing ships early.

Othvera uses explicit release gates. Status below reflects current project state; no private review detail is exposed.

Pass: Complete for current scope

Internal engineering

Current-scope engineering and internal validation are complete.

Pending: Pending

External security review

Independent external security review has not yet started.

Pending: Pending

Legal review

Legal review is pending. No conclusions are represented here.

Blocked: Blocked

Mainnet release

Mainnet remains gated behind external review and release approval.

Why infrastructure

Built as rails, not a black box.

Transparent backing

The relationship between shares and underlying assets is designed to be inspectable, not opaque.

Deterministic methodologies

Composition follows fixed rules that reproduce the same result from the same inputs.

In-kind redemption

Shares redeem for proportional underlying assets — no oracle valuation in the redemption path.

Canonical custody

Assets are held by canonical, program-controlled vaults with on-chain custody.

Machine-readable verification

State is exposed as evidence that can be independently checked, claim by claim.

Integration-oriented

Built as rails for issuers, wallets, exchanges, and reviewers to integrate against.