> For the complete documentation index, see [llms.txt](https://basket-fund.gitbook.io/basket.fund-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://basket-fund.gitbook.io/basket.fund-docs/basket-units.md). # Basket units Basket units are how basket.fun tracks user ownership inside a basket. They are not a freely traded token in the MVP. Users cannot send them to another wallet or trade them on a secondary market. They exist inside the app’s accounting system and represent the user’s share of the basket. The number of units a user receives depends on the actual value that settles into the basket. ``` units minted = actual settled value / current unit price ``` For the first deposit into a new basket, the unit price can start at 1 USDC. After that, the unit price changes as the value of the basket changes. This model matters because quotes are only estimates. The final result depends on settled fills, not on the preview shown before execution. A useful rule: ``` Quotes are estimates. Settled fills are the source of truth. ``` --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://basket-fund.gitbook.io/basket.fund-docs/basket-units.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.