CoinDesk Indices Launches Memecoin and CoinDesk 100 Index Products
CoinDesk Indices introduced two new index products targeting institutional investors at Consensus Hong Kong. The offerings include:
- CoinDesk Memecoin Index, tracking the top fifty memecoins by market capitalization, including DOGE, SHIB, and FLOKI.
- CoinDesk 100 Index, serving as a benchmark for the hundred largest tokens by market cap.
The Memecoin Index is equal-weighted and rebalanced monthly, while the CoinDesk 100 is market cap-weighted, aiding structured products and risk management. Crypto exchange Bullish will offer perpetual futures on both indices, enhancing liquidity and trading options. This follows the successful launch of the CoinDesk 20 and CoinDesk 80 perpetuals, which have generated over $13.5 billion in volume since January 2025.