Definition ∞ A multi-asset basket is a collection of various digital assets grouped together to represent a diversified investment or to serve a specific functional purpose within a protocol. This aggregation allows for exposure to multiple assets simultaneously, potentially mitigating risk or providing a composite value. It functions as a single, combined unit for trading or collateralization.
Context ∞ In decentralized finance, multi-asset baskets are increasingly used to create diversified portfolios, index tokens, or collateral for stablecoins. These baskets can offer users exposure to a range of cryptocurrencies, real-world assets, or other digital instruments through a single tokenized representation. The design and management of these baskets are critical for their stability, liquidity, and overall utility within the crypto ecosystem.
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