HONG KONG – CoinDesk Indices launched two index merchandise monitoring the worth gyrations of memecoins and the highest hundred tokens by market capitalization, assembly demand from institutional {and professional} traders who search upside in numerous crypto sectors, the agency introduced at Consensus Hong Kong.
The CoinDesk Memecoin Index will observe the biggest fifty memecoins by market capitalization — a listing that features dogecoin (DOGE), shiba inu (SHIB), floki (FLOKI), amongst others — whereas the CoinDesk 100 serves as a single benchmark for the highest hundred tokens by market cap.
“CoinDesk Memecoin Index responds to merchants’ want for liquidity and volatility whereas the CoinDesk 100 offers one-stop entry to essentially the most liquid tokens,” stated Chris Tyrer, VP, head of institutional at Bullish.
“We’re thrilled to proceed offering our purchasers entry to the broader digital asset panorama, complementing these indices with our strong regulatory framework,” he added.
The memecoin index is equal-weighted and might be rebalanced month-to-month, guaranteeing the illustration of rising and established tokens. Equally, the CoinDesk 100 Index is market cap-weighted and offers a single reference level for structured merchandise, ETFs, and danger administration methods.
Crypto change Bullish has listed perpetual futures on each indices, permitting merchants to achieve publicity to those benchmarks with deep liquidity and around-the-clock buying and selling.
This launch builds on the success of the CoinDesk 20 and CoinDesk 80 perpetuals, which have collectively pushed over $13.5 billion in quantity, with the CoinDesk 80 index perpetual future buying and selling hundreds of thousands each day since January 2025.