CoinDesk Indices Launch New Crypto Indices
HONG KONG – CoinDesk Indices has introduced two new index products aimed at institutional investors looking to explore different cryptocurrency sectors. Announced during Consensus Hong Kong, the new indices track price movements of memecoins and the top hundred tokens by market capitalization.
CoinDesk Memecoin Index
The CoinDesk Memecoin Index will monitor the largest fifty memecoins by market cap, which includes popular tokens like Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI).
CoinDesk 100 Index
The CoinDesk 100 Index serves as a benchmark for the top hundred tokens, providing a streamlined reference for various trading strategies and products.
Chris Tyrer, VP and head of institutional at Bullish, noted: “The CoinDesk Memecoin Index responds to traders’ need for liquidity and volatility, while the CoinDesk 100 provides one-stop access to the most liquid tokens.”
Practical Features
The Memecoin Index is equal-weighted and rebalanced monthly, while the CoinDesk 100 is market cap-weighted, catering to structured products, ETFs, and risk management strategies.
Bullish has also listed perpetual futures on both indices, enabling traders to access deep liquidity and 24/7 trading options.
This launch continues the momentum of the previously successful CoinDesk 20 and CoinDesk 80 perpetuals, which have generated over $13.5 billion in volume, with the CoinDesk 80 trading millions daily since January 2025.
Comments (0)