Build a reference for the chips behind AI
Marvell, Intel and SK hynix: chip design, processing and memory. What if an application could follow that combination through one price?
AICHIPS is our worked example. It uses tokenized equity instruments on Solana, not conventional crypto tokens. It is a demonstration of composition, not an official index or an investment recommendation.
1. Know which tokens you mean
The example uses these three tokens:
| Company | Token | Product family | Token reference |
|---|---|---|---|
| Marvell | MRVL | Backpack Securities | Tokenized Marvell |
| Intel | INTC | Backpack Securities | INTC pool and mint |
| SK hynix | SKHY | Backpack Securities | Tokenized SK hynix |
Each issuer sets its own terms. SKHY, for example, represents the US-listed depositary receipt (ADR) described by Backpack, not one Korea-listed common share. Check the token's mint and issuer information before using it.
2. Pick quantities and a common quote
Use one token of each, with USDC as the composite's quote. As on the landing page, MRVL starts in SOL, while INTC and SKHY start in USDC. Mimir converts the MRVL price through SOL/USDC onchain before adding the three contributions.
For example, 2 SOL per MRVL and 100 USDC per SOL gives 200 USDC per MRVL. Add an INTC price of 100 USDC and an SKHY price of 150 USDC: the composite is 450 USDC, not 150. These numbers illustrate the calculation; they are not market quotes.
Equal quantities are not equal dollar weights. The most expensive component contributes the most value. Different quantities create a different composition; this example does not rebalance automatically.
3. Turn the composition into a feed
Choose the MRVL/SOL, INTC/USDC and SKHY/USDC Source Feeds. Set the composite's quote to USDC and include the SOL/USDC conversion feed for MRVL. With each component quantity set to one, Mimir converts MRVL's price and adds the three contributions onchain. The source prices do not all need to start in USDC.
An application can request the supported refresh path and consume the composite in the same transaction. Mimir calculates the contributions onchain when needed; the application uses one reference while retaining visibility into its inputs. This does not require a keeper continuously updating the example.
The component feeds and their sources must be eligible, and the new composite must complete its activation steps. Plan your feed →
4. Take the idea into an application
An application like Colada could use AICHIPS as the price reference for a perpetual market. The market still needs liquidity, configuration and activation, and its feed must meet Colada's risk requirements.
AI Chips is a worked example, not a live Mimir feed or market.
Tokenized-equity pool prices can differ from stock-exchange prices, especially across market hours or when liquidity is limited. Issuer restrictions, corporate actions and redemption terms also matter.
Next: how Colada uses a feed.