> For the complete documentation index, see [llms.txt](https://docs.bundles.fi/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bundles.fi/mechanism/bundle-token.md).

# Bundle token

Bundle tokens are ERC-20 tokens that give you exposure to a specific portfolio of multiple assets.

Holding a bundle token is equivalent to holding a proportional share of all the assets in a specific bundle.

{% hint style="success" %}
Each bundle token is unique to its respective bundle and represents a proportional share of its included assets.
{% endhint %}

Let's take the example of the bundle bellow.

This bundle is composed of 40% BTC, 30% ETH, 20% USDC, and 10% DOGE.

If you own **$1,000** worth of the **bundle's ERC-20 token**, it's equivalent to holding **$400 in BTC**, **$300 in ETH**, **$200 in USDC**, and **$100 in DOGE**.<br>

<figure><img src="/files/53uPO1Ic2CVOqvkAxRuK" alt=""><figcaption></figcaption></figure>

{% hint style="success" %}
Each token's price reflects both the value of the bundle assets and it s performance.
{% endhint %}


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