HONG KONG – CoinDesk Indices launched two index merchandise monitoring the value gyrations of memecoins and the highest hundred tokens by market capitalization, assembly demand from institutional {and professional} traders who search upside in several crypto sectors, the agency introduced at Consensus Hong Kong.
The CoinDesk Memecoin Index will monitor the biggest fifty memecoins by market capitalization — a listing that features dogecoin (DOGE), shiba inu (SHIB), floki (FLOKI), amongst others — whereas the CoinDesk 100 serves as a single benchmark for the highest hundred tokens by market cap.
“CoinDesk Memecoin Index responds to traders’ need for liquidity and volatility while the CoinDesk 100 provides one-stop access to the most liquid tokens,” stated Chris Tyrer, VP, head of institutional at Bullish.
“We’re thrilled to proceed offering our shoppers entry to the broader digital asset panorama, complementing these indices with our sturdy regulatory framework,” he added.
The memecoin index is equal-weighted and might be rebalanced month-to-month, making certain the illustration of rising and established tokens. Equally, the CoinDesk 100 Index is market cap-weighted and gives a single reference level for structured merchandise, ETFs, and danger administration methods.
Crypto alternate Bullish has listed perpetual futures on each indices, permitting merchants to realize publicity to those benchmarks with deep liquidity and around-the-clock buying and selling.
This launch builds on the success of the CoinDesk 20 and CoinDesk 80 perpetuals, which have collectively pushed over $13.5 billion in quantity, with the CoinDesk 80 index perpetual future buying and selling thousands and thousands each day since January 2025.
