Hong Kong – CoinDesk’s indices launched two index products that track the memecoins’ price gyrations and the top hundred hundreds of tokens by market capitalization, demand meeting from institutional and professional investors looking for of upside down in different crypto sectors, the firm is announced at Consensus Hong Kong.
CoinDesk Memecoin Index will track the largest fifty memecoins through market capitalization – a list that includes Dogecoin (Doge), Shiba Inu (Shib), Floki (Floki), among others – while CoinDesk 100 serves as a single Benchmark for the top hundred hundred tokens by market cap.
“The CoinDesk Memecoin Index responds to the need for entrepreneurs for liquidity and volatility while CoinDesk 100 provides a stop access to the most liquid tokens,” said Chris Tyrer, VP, Bullish Institutional head .
“We are pleased to continue providing our clients with access to the wider digital asset landscape, which fits these indices into our stable regulation framework,” he added.
The memecoin index weighs equal and will be balanced monthly, ensuring the representation of emerging and established tokens. Similarly, the CoinDesk 100 index is market cap-weighted and provides a single reference for structured products, ETFs, and risk management techniques.
The crypto exchange bullish is listed by eternal futures in both indices, allowing entrepreneurs to gain exposure to benchmarks with deep liquidity and trade around.
This launch constitutes the success of CoinDesk 20 and CoinDesk 80 Perpetuals, collectively driven by more than $ 13.5 billion in volume, with CoinDesk 80 index eternal care for future million -million days since January 2025.
