HONG KONG – CoinDesk Indices launched two index products tracking the associated price gyrations of memecoins and the tip hundred tokens by market capitalization, assembly inquire of from institutional and reliable merchants who watch upside in varied crypto sectors, the company launched at Consensus Hong Kong.
The CoinDesk Memecoin Index will music the finest fifty memecoins by market capitalization — a list that comprises dogecoin (DOGE), shiba inu (SHIB), floki (FLOKI), amongst others — whereas the CoinDesk 100 serves as a single benchmark for the tip hundred tokens by market cap.
“CoinDesk Memecoin Index responds to merchants’ need for liquidity and volatility whereas the CoinDesk 100 gives one-dwell gather entry to to the most liquid tokens,” stated Chris Tyrer, VP, head of institutional at Bullish.
“We are extremely elated to continue offering our purchasers gather entry to to the broader digital asset landscape, complementing these indices with our sturdy regulatory framework,” he added.
The memecoin index is equal-weighted and will seemingly be rebalanced month-to-month, guaranteeing the illustration of rising and established tokens. Within the same scheme, the CoinDesk 100 Index is market cap-weighted and gives a single reference point for structured products, ETFs, and threat administration strategies.
Crypto exchange Bullish has listed perpetual futures on both indices, allowing merchants to invent exposure to these benchmarks with deep liquidity and spherical-the-clock buying and selling.
This birth builds on the success of the CoinDesk 20 and CoinDesk 80 perpetuals, which bear collectively driven over $13.5 billion in volume, with the CoinDesk 80 index perpetual future buying and selling hundreds of thousands everyday since January 2025.
