Launch of New CoinDesk Indices

HONG KONG – CoinDesk Indices has launched two new index products that track the price movements of memecoins and the top hundred tokens by market capitalization, catering to the needs of institutional and professional investors looking for opportunities in various crypto sectors, as announced at Consensus Hong Kong.

CoinDesk Memecoin Index

The CoinDesk Memecoin Index will follow the largest fifty memecoins by market cap, featuring popular tokens such as dogecoin (DOGE), shiba inu (SHIB), and floki (FLOKI).

CoinDesk 100 Index

Conversely, the CoinDesk 100 Index serves as a singular benchmark for the top hundred cryptocurrencies by market capitalization.

Chris Tyrer, VP and head of institutional at Bullish, stated, “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 added, “We are thrilled to continue providing our clients access to the broader digital asset landscape, complementing these indices with our robust regulatory framework.”

Both indices come with unique characteristics: the memecoin index is equal-weighted and rebalanced monthly, while the CoinDesk 100 is market cap-weighted, offering a comprehensive reference point for structured products, ETFs, and risk management strategies.

Crypto exchange Bullish has also listed perpetual futures on both indices, allowing traders exposure to these benchmarks with substantial liquidity and 24/7 trading capabilities.

This launch builds upon the success of CoinDesk 20 and CoinDesk 80 perpetuals, which have collectively achieved over $13.5 billion in trading volume, with the CoinDesk 80 index perpetual future seeing millions in daily trades since January 2025.