In a significant development for the cryptocurrency industry, CoinDesk Indices has announced the launch of two pioneering index products at Consensus Hong Kong. The CoinDesk 100 will serve as a comprehensive benchmark tracking the performance of the top 100 digital assets by market capitalization, while the CoinDesk Memecoin Index will provide exposure to the fast-evolving memecoin sector.
Unprecedented Access to the Crypto Market
The introduction of these indices marks a major milestone in the maturation of the digital asset space, offering institutional and professional investors a convenient way to gain diversified exposure to the leading cryptocurrencies and the dynamic memecoin market.
As Chris Tyrer, VP and Head of Institutional at Bullish exchange, noted:
“CoinDesk Memecoin Index responds to traders’ need for liquidity and volatility while the CoinDesk 100 provides one-stop access to the most liquid tokens. We are thrilled to continue providing our clients access to the broader digital asset landscape, complementing these indices with our robust regulatory framework.”
Chris Tyrer, VP, Head of Institutional at Bullish
CoinDesk 100: The Leading Crypto Benchmark
The CoinDesk 100 index is designed to be the premier benchmark for the cryptocurrency market, encapsulating the performance of the top 100 digital assets. Key features include:
- Market Cap Weighted: The index is weighted by market capitalization, ensuring the most significant cryptocurrencies have the greatest influence.
- Broad Coverage: By tracking the top 100 assets, the index provides comprehensive exposure to the crypto market.
- Versatile Use Cases: The CoinDesk 100 can serve as a reference point for structured products, ETFs, and risk management strategies.
Memecoin Index: Harnessing the Power of Memes
In a groundbreaking move, CoinDesk Indices has also launched the CoinDesk Memecoin Index, designed to capture the performance of the top 50 memecoins by market cap. This innovative index recognizes the growing influence and popularity of meme-inspired cryptocurrencies.
The Memecoin Index boasts several notable attributes:
- Equal Weighting: The index is equally weighted, ensuring a balanced representation of both established and emerging memecoins.
- Dynamic Composition: The index will be rebalanced monthly, allowing for the inclusion of new and trending memecoins.
- Liquidity and Volatility: Memecoins are known for their high liquidity and price volatility, making the index an attractive option for traders seeking these characteristics.
Bullish Exchange Leads the Way with Index Futures
Demonstrating the immediate impact of these new indices, Bullish exchange has become the first platform to list perpetual futures contracts on both the CoinDesk 100 and the Memecoin Index. This allows traders to gain exposure to these benchmark instruments with the benefits of deep liquidity and 24/7 trading.
The launch of these index futures builds upon the successful track record of Bullish’s existing offerings:
- The CoinDesk 20 and 80 perpetual futures have generated over $13.5 billion in combined volume.
- The CoinDesk 80 index perpetual future alone has consistently traded millions on a daily basis since January 2025.
Shaping the Future of Crypto Investing
The introduction of the CoinDesk 100 and Memecoin Index marks a significant step forward for the cryptocurrency industry, providing investors with unparalleled access to the performance of the broader digital asset market.
As the space continues to evolve and mature, these indices will serve as essential tools for investors seeking exposure to the potential upside of cryptocurrencies while managing risk through diversification. By capturing the performance of the leading digital assets and the vibrant memecoin sector, CoinDesk Indices is helping to shape the future of crypto investing.
With major exchanges like Bullish already embracing these indices through the listing of perpetual futures, it is clear that the CoinDesk 100 and Memecoin Index are poised to become key benchmarks for the industry. As more investors and institutions look to gain exposure to the dynamic world of cryptocurrencies, these innovative indices will undoubtedly play a crucial role in the continued growth and development of the digital asset space.
