CoinDesk Indices Unveils New Crypto Benchmarks; Bullish Lists Perpetual Futures
HONG KONG – CoinDesk Indices has introduced two new index products catering to institutional and professional investors looking for exposure to both established and speculative areas of the crypto market. Announced at Consensus Hong Kong, the new indices will track memecoins and the top 100 cryptocurrencies by market cap.
The CoinDesk Memecoin Index focuses on 50 of the largest memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI), while the CoinDesk 100 serves as a benchmark for the most valuable digital assets in the market.
“Memecoins have emerged as a major segment of the crypto economy, and traders are looking for reliable ways to track their performance,” said Chris Tyrer, VP and Head of Institutional at Bullish. “Meanwhile, the CoinDesk 100 gives investors broad market exposure in a single metric.”
The Memecoin Index is equal-weighted and rebalanced monthly, ensuring it captures shifts in the speculative crypto space. The CoinDesk 100 is market cap-weighted, making it a useful tool for ETFs, structured products, and investment strategies.
To enhance accessibility, crypto exchange Bullish has launched perpetual futures for both indices, allowing traders to gain exposure with high liquidity and 24/7 trading access.
The move builds on the success of CoinDesk’s previous index offerings, including the CoinDesk 20 and CoinDesk 80, which have generated over $13.5 billion in trading volume. Since January 2025, the CoinDesk 80 perpetual futures contract has been seeing millions in daily trades, further demonstrating the demand for crypto index-based products.
