Introduction of Innovative Index Products
HONG KONG – CoinDesk Indices has officially launched two new index products designed to cater to the evolving needs of institutional and professional investors in the cryptocurrency market. Announced at Consensus Hong Kong, these indices—the CoinDesk Memecoin Index and the CoinDesk 100—aim to provide comprehensive insights into the price movements of some of the most sought-after digital assets.
Exploring the CoinDesk Memecoin Index
The CoinDesk Memecoin Index specifically tracks the performance of the largest fifty memecoins by market capitalization. This unique index includes popular tokens such as Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI), among others. By focusing on these often volatile and high-liquidity assets, the index seeks to meet the growing demand from traders looking for opportunities in the memecoin sector.
The Significance of the CoinDesk 100
In addition to the memecoin index, CoinDesk Indices has introduced the CoinDesk 100, which serves as a comprehensive benchmark for the top hundred cryptocurrencies based on market capitalization. This index provides investors with a single reference point for various financial products, including structured products, exchange-traded funds (ETFs), and risk management strategies.
Expert Insights on the New Indices
Chris Tyrer, Vice President and Head of Institutional at Bullish, expressed enthusiasm about the new indices, stating, “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.” He highlighted the importance of these products in enhancing client access to a broader digital asset landscape, supported by a strong regulatory framework.
Index Structure and Rebalancing
The CoinDesk Memecoin Index is designed to be equal-weighted and will undergo monthly rebalancing. This approach ensures that both emerging and established memecoins are adequately represented. Conversely, the CoinDesk 100 Index is market cap-weighted, reflecting the relative size of each token within the index.
Trading Opportunities on Bullish Exchange
To facilitate trading, crypto exchange Bullish has listed perpetual futures for both the CoinDesk Memecoin Index and the CoinDesk 100. These futures allow traders to gain exposure to these new benchmarks with deep liquidity and the convenience of around-the-clock trading.
Building on Past Success
This latest launch builds upon the success of previous products, such as the CoinDesk 20 and CoinDesk 80 perpetuals. Collectively, these indices have generated over $13.5 billion in trading volume, with the CoinDesk 80 index alone trading millions of dollars daily since its inception in January 2025.
Conclusion
With the introduction of the CoinDesk Memecoin Index and CoinDesk 100, CoinDesk Indices is poised to enhance the trading landscape for cryptocurrencies. These new products not only provide valuable insights into market movements but also create extensive trading opportunities for investors looking to navigate the dynamic crypto space.
