> For the complete documentation index, see [llms.txt](https://docs.reserve.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.reserve.org/core-components/index-dtfs.md).

# Index DTFs

Index DTFs let you own a share of everything. They do this by holding diversified baskets of tokenized assets within a single onchain product.

Below is a detailed overview of how Index DTFs function within the Reserve ecosystem.

***

## TL;DR

**Index DTFs are like ETFs, but decentralized: they’re permissionless, composable, and live 24/7 onchain.**

Index DTFs package up to 100+ onchain assets into single ERC‑20 tokens, bringing index investing onchain with a new degree of openness, accessibility, and efficiency.

## Key features

Index DTFs deliver broad exposure, transparent execution, and flexible governance through a lightweight, fully onchain architecture.

* **Diversified exposure**: Package 10+ assets on Ethereum and 100+ on Base
* **Broad asset support**: Use virtually any ERC-20; no oracles or plugins needed
* **Permissionless access**: Anyone can mint, redeem, or deploy
* **Flexible onchain governance**: Use any token for custom decentralized governance
* **Automatic liquidity engine**: Tap deep onchain liquidity for smooth rebalancing and low tracking error


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