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Set Protocol Review: Is This the Crypto Index Project?

Set Protocol is described as an Ethereum portfolio-token protocol, but its listed website now promotes a separate ticketing project. The identity mismatch makes it hard to assess or use safely.

By the SkyBitcoins review team · Updated

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Not rated yet

At a glance

Set Protocol key facts

Set Protocol key facts
Listed categoryIndexes
Listed chainEthereum
TokenNone listed
Website mismatchListed site describes a ticketing project
Value locked$11.5M−2.8% 7d
Audits2 audits listed
Updated

Set Protocol FAQs

What is Set Protocol?

Set Protocol is described in search results as an Ethereum-based system for creating ERC-20 tokens that represent baskets of crypto assets. But the listed website describes S.E.T. Protocol, a ticketing project, so it is unclear whether that site belongs to the crypto protocol.

Can I still use Set Protocol?

The listed website does not describe crypto index products or provide a clear way to use them. Don’t connect a wallet or deposit funds until you can verify you are dealing with the intended Ethereum protocol.

What fees and risks should I check before using Set Protocol?

The crypto-protocol classification lists Ethereum and no token, but fees, custody details and a current starting process are not established. The website’s ticketing content does not resolve those questions.

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How we checked

Sources

  1. defillama.com/protocol/set-protocol(opens in a new tab)

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