CoinDesk Indices Launches New Benchmarks for Memecoins and Top Cryptos, Bullish Introduces Futures Trading
HONG KONG – CoinDesk Indices has rolled out two new indices designed to track the performance of memecoins and the top 100 digital assets, catering to growing institutional interest in the evolving crypto market. The launch was announced at Consensus Hong Kong.
The CoinDesk Memecoin Index will monitor the 50 largest memecoins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Floki (FLOKI), while the CoinDesk 100 serves as a key benchmark for the 100 most valuable cryptocurrencies by market cap.
“Traders are looking for reliable benchmarks that reflect the dynamics of different crypto sectors,” said Chris Tyrer, VP and Head of Institutional at Bullish. “The Memecoin Index captures high-volatility assets, while the CoinDesk 100 offers exposure to the most liquid cryptocurrencies in one structured measure.”
To maintain relevance, the memecoin index will be equal-weighted and rebalanced monthly, ensuring a mix of established and emerging tokens. Meanwhile, the CoinDesk 100 will be market cap-weighted, providing a trusted reference point for ETFs, structured products, and investment strategies.
Enhancing market accessibility, crypto exchange Bullish has listed perpetual futures contracts for both indices, offering deep liquidity and 24/7 trading to professional investors.
This expansion builds on the success of CoinDesk’s existing indices, including the CoinDesk 20 and CoinDesk 80, which have driven over $13.5 billion in total trading volume. Since January 2025, the CoinDesk 80 perpetual future alone has recorded millions in daily trades.
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