CoinDesk Indices Introduces Two New Benchmark Products for Crypto Investors

In a significant development for the cryptocurrency market, CoinDesk Indices has unveiled two innovative index products designed to cater to the diverse needs of institutional and professional investors. The launch, announced at Consensus Hong Kong, includes the CoinDesk Memecoin Index and the CoinDesk 100, both of which are poised to provide investors with unique opportunities for growth and exposure across different crypto sectors. The CoinDesk Memecoin Index is specifically designed to track the market capitalization of the 50 largest memecoins, including notable tokens such as DOGE, SHIB, and FLOKI. On the other hand, the CoinDesk 100 serves as a comprehensive benchmark for the top 100 tokens by market capitalization, offering a single, unified reference point for investors. According to Chris Tyrer, VP and head of institutional at Bullish, "The introduction of the CoinDesk Memecoin Index and the CoinDesk 100 addresses the demand for liquidity and volatility in the market, while also providing a streamlined access point to the most liquid tokens." Tyrer further emphasized the importance of these indices, stating, "We are excited to expand our clients' access to the digital asset landscape, supported by our robust regulatory framework." The CoinDesk Memecoin Index is equal-weighted and undergoes monthly rebalancing to ensure that both emerging and established tokens are adequately represented. Similarly, the CoinDesk 100 Index is market cap-weighted, providing a singular reference point for structured products, ETFs, and risk management strategies. Bullish, a leading crypto exchange, has listed perpetual futures on both indices, enabling traders to leverage these benchmarks with deep liquidity and continuous trading. This move builds upon the success of the CoinDesk 20 and CoinDesk 80 perpetuals, which have collectively generated over $13.5 billion in volume, with the CoinDesk 80 index perpetual future consistently trading millions daily since January 2025.