In crypto, a basket is a group of digital assets that are bought, held or tracked together as a single unit. Examples include index tokens that represent a weighted mix of coins, crypto exchange-traded products that hold several assets, and portfolios built around a theme such as decentralized finance or gaming. Baskets are usually weighted by market capitalization or equally, and are adjusted from time to time through rebalancing. They offer diversification within crypto but do not remove the market's overall volatility, since most coins tend to rise and fall together. On-chain baskets also carry smart contract risk. The idea mirrors a currency basket in foreign exchange and the basket of goods used to measure inflation.
Last updated 13 Nov 2026