Nami Index is a decentralized protocol built on THORChain’s Rujira App Layer and is designed for issuing and trading crypto index assets. These products allow crypto investors to tap into an auto-rebalancing index of assets for diversified exposure and optimized yield.
If you’re wondering “What is Nami Index?” or “How to trade Rujira index products?” — this guide will walk you through everything you need to know.
What is Nami Index?
Nami Index is one of the first DeFi protocols built on the Rujira App Layer for THORChain. With Nami, users can:
- Mint auto-rebalancing index tokens like yRUNE and yTCY
- Redeem them back into base assets like RUNE or USDC
- Access yield-bearing and yield-optimized products with ease
These Rujira index products abstract away the hassle of manually trading or rebalancing — giving traders automated, smart diversification.
What is Rujira and Why Does It Matter?
Rujira is the app layer of THORChain, enabling smart contracts and advanced DeFi mechanics on top of the core protocol. It allows protocols like Nami Index to launch automated trading, rebalancing, and index strategies.
In short:
- THORChain = base liquidity protocol
- Rujira = app layer for builders
- Nami Index = index asset trading built on Rujira
This is why you’ll often see queries like “What is Rujira Nami?” or “How to trade Rujira index products?” — the two are deeply connected.
Nami’s Growing Product Suite
Nami currently offers 3 live products:
- $RJI – The Rujira Index for broad exposure
- $yRUNE – Yield-bearing RUNE
- $yTCY – Yield-optimized TCY
LeoDex is among the first UIs to support the minting and redeeming of yRUNE and yTCY 👉 Trade Nami Index products on LeoDex.
How Minting & Redeeming Index Assets Works
Minting an Index Asset on Nami
- 💰 User deposits base asset (RUNE / USDC)
- ⚖️ Contract allocates funds based on index weights
- 🔄 Contract executes swaps (Rujira orderbook)
- 🏦 Assets are received and stored in vault
- 🪙 Contract mints new index asset
- 📤 Index asset sent to user
👉 Mint yRUNE or yTCY now on LeoDex
Redeeming an Index Asset on Nami
- 🎟️ Contract receives index tokens from user
- 📊 Contract calculates how much of each underlying asset to redeem
- 🔄 Contract initiates swaps (Rujira orderbook) to get base asset
- 🔥 Contract confirms swap outputs & burns the index token
- 📤 User receives the base asset (RUNE / USDC)
👉 Redeem yRUNE or yTCY now on LeoDex
NAMI Token Trading is Now Live
Nami Index also has its own native token: NAMI.
NAMI just launched for trading on THORChain, and LeoDex is the first THORChain interface to support the new pool!
NAMI Tokenomics:
- 100M supply
- No inflation
- Stake & Earn USDC model
Why Trade Nami Index on LeoDex?
- ✅ First UI to support yRUNE & yTCY trading
- ✅ Simple minting and redeeming process
- ✅ Utilizes THORChain + Rujira App Layer
- ✅ Direct access to Nami Index Trading
FAQs About Nami Index
❓ What is Nami Index?
A decentralized protocol on Rujira (THORChain’s app layer) for creating auto-rebalancing index assets like yRUNE and yTCY.
❓ How do I trade Nami Index?
You can mint, redeem, and trade Nami Index products directly on LeoDex.io.
❓ What is Rujira Nami?
Rujira powers the smart contract layer that enables protocols like Nami Index to exist. Nami is built on Rujira, which itself is built on THORChain.
❓ Where can I buy NAMI tokens?
The NAMI token is live on THORChain and available to trade first on LeoDex.
Nami Index is pioneering decentralized index assets through the Rujira app layer on THORChain. Whether you’re looking to mint yield-bearing yRUNE, optimize with yTCY, or trade NAMI tokens, LeoDex is the fastest and most user-friendly way to get started.
👉 Start trading today: LeoDex.io