← Back to Dashboard

Whitepaper

$BULLIDX vs $BEARIDX

The On-Chain Degen Sentiment Index

Version 1.0 — September 2026

1. Abstract

StonksIDX is an on-chain sentiment index built around two complementary meme coins launched on Pump.fun:

$BULLIDX — a bet on a rising market

$BEARIDX — a bet on a falling market

The ratio of their market caps produces a score from 0 to 100: the Degen Sentiment Index. This score measures what traders bet, not what they say.

A second curve, the Market Reality Index, tracks the actual performance of the Pump.fun Top 25 meme coins. The dashboard compares the two: degen sentiment versus market reality.

This project is experimental. It is not a financial product, not investment advice, and not a security.

2. The Problem

The meme coin market is noisy, fast, and full of opinions. Classic sentiment indicators — polls, likes, comments — are easy to manipulate. They measure what people claim to think.

On Pump.fun, the only reliable signal is capital deployed. Yet there was no simple tool to answer:

Are degens actually bullish or bearish — and are they right relative to the market?

3. The Solution

Two opposing tokens. One ratio. One dashboard.

TokenRole
$BULLIDXBuy if you think the meme / crypto market will go up
$BEARIDXBuy if you think the market will go down

The larger $BULLIDX’s market cap is relative to $BEARIDX, the more bullish sentiment is. The opposite produces bearish sentiment.

stonksidx.com calculates this ratio in real time and compares it to a reality index based on the Pump.fun Top 25.

4. System Architecture

4.1 Degen Sentiment Score

Sentiment = Market Cap $BULLIDX / (Market Cap $BULLIDX + Market Cap $BEARIDX) × 100
ScoreLabel
0–20Extreme Bear
21–40Bear Market
41–59Neutral
60–79Bull Market
80–100Extreme Bull

A score of 50 means a perfect balance between both sides.

4.2 Market Reality Index

The Reality Index measures the average 1-hour performance of the 25 largest Pump.fun meme coins, ranked by market cap.

Reality = 50 + clamp(Top 25 1h average, -50, +50)

4.3 How to read the chart

If green is above orange, degens are more bullish than the actual market. If green is below orange, they are more bearish. If both sit near 50, sentiment and the market are aligned.

Nobody can predict tomorrow. The market is always right: price is the equilibrium between buyers and sellers.

5. The Tokens

$BULLIDX$BEARIDX
ChainSolanaSolana
LaunchpadPump.funPump.fun
Mint AX9erfKF7HWaEPUshLSHEb7s4YqRCUpsvkoirqW1pump G4kFjDUU3g3H1WL1KAHYD7E5STNPq6L4FUncx3QJpump
Mint authorityRevokedRevoked
SupplyFixedFixed

The two coins are intentionally linked. One without the other is meaningless: the ratio is the index.

6. Dashboard

stonksidx.com displays:

Price and market-cap data come from DexScreener. The Top 25 comes from Pump.fun, enriched by DexScreener. History is stored server-side so every visitor sees the same chart.

7. Transparency

The team (two co-founders) currently holds around 30% of each supply. This allocation is intended for:

It is not intended for a coordinated dump. A public treasury wallet is planned to clearly separate project funds from personal wallets.

8. Vision: the Index Bot

Once the tokens leave the bonding curve, a bot may intervene in a limited way.

The goal is to softly anchor $BULLIDX / $BEARIDX to a basket, without minting new tokens. Pump.fun mint authority is already revoked.

This mechanism is not live yet. It depends on post-graduation liquidity and a reserve of SOL + tokens.

9. Roadmap

Phase 1 — Foundation (current)
Launch of both tokens, live dashboard, community building.

Phase 2 — Growth
Volume, holders, transparency, marketing.

Phase 3 — Graduation
Exit bonding curve, liquidity on Raydium / PumpSwap.

Phase 4 — Index Mechanism
Basket-tracking bot, reaction to market sentiment.

Phase 5 — Expansion
Dashboard upgrades, new sentiment tools, partnerships.

10. Why Two Coins Instead of One

A single “index” token would only say: the market is up or down. Two tokens let people vote with capital.

The meme market is a permanent fight between bulls and bears. StonksIDX makes that fight measurable, visible, and tradeable.

11. Risks

12. Disclaimer

$BULLIDX and $BEARIDX are experimental meme tokens created for entertainment and educational purposes only.

This project is not a financial product, not investment advice, and not a security. Nothing on the website or on social media should be considered financial, investment, or trading advice.

Cryptocurrency markets are highly volatile. You can lose some or all of your money. Always do your own research (DYOR).

The team makes no guarantees of any kind regarding price, performance, or future results.

13. Links