Alvara Protocol develops software for creating and managing on-chain baskets of crypto assets, known as BSKTs. Managers choose the assets and weights, rebalance their baskets and set management fees; other users can contribute assets or redeem their share. Its current application supports Ethereum and Base.
Basket creation and management
The platform combines basket creation, portfolio monitoring and a public leaderboard. Its liquidity integration with 1inch expands the assets available for basket transactions. A basket's value depends on its underlying tokens and its manager's decisions; a leaderboard position or third-party risk rating does not guarantee returns.
Alvara contributes to the proposed ERC-7621 Basket Token standard, which remains a draft. Its ALVA token is used in the protocol's staking and governance system, including vote-escrowed ALVA, or veALVA. The networks on which ALVA is available should be distinguished from the networks supported by the basket application.
Fees and network availability
In its November 4, 2026 fee update, Alvara announced that V2 fees were live on Ethereum, with Base V2 still to follow. Ethereum basket managers can set annual management fees between 0% and 3%, with a 1% default and accrual every 30 days. Configurable performance fees of up to 20% are displayed in the application, but performance-fee charging had not started as of November 8, 2026.
The same update lists a 0.25% protocol fee on basket creation and contributions on Ethereum and Base, with no protocol withdrawal fee. These figures are not an all-inclusive cost: network gas and applicable manager or execution costs may also apply. Fee changes and availability should be checked in the application before a transaction.
Solana and Tron integrations appear in Alvara's roadmap. They should not be treated as live basket networks solely because their scheduled dates have passed.
Background and team
Alvara's company profile gives 2022 as its founding year and London as its headquarters. Co-founders include Dominic Ryder and Callum Mitchell-Clark. In its February 2026 team submission to TRON DAO, the project also listed Natalie Marsan as CMO, Mike Ryder as head of research and Deon Dreyer as COO.
Risks and support
Basket users face token price movements, liquidity constraints, manager decisions, smart-contract faults and risks in integrated protocols. The ability to redeem or rebalance depends on the assets, networks and contracts involved. Alvara directs product questions to its official Telegram community; users should verify links through the current Alvara website.
