CoinDesk 20 Index
CoinDesk 20 Index Information
CoinDesk 20 Index Constituents
About CoinDesk 20 Index
CoinDesk 20 is a broad-based index that measures the performance of top digital assets. Key characteristics include:
- Liquidity, diversification, and implementation: The index is designed with these factors in mind.
- Capped market capitalization-weighted methodology: This methodology is used to enhance diversification.
- Published once every five seconds: The index is calculated and updated frequently.
Complete details are available in the CoinDesk 20 Index Methodology.
This index is built for trading, to serve as a benchmark for the crypto asset class, and as a foundation for investment vehicle construction. CoinDesk 20 products are available globally.
What is CoinDesk 20? CoinDesk 20 is a broad-based index that tracks the performance of top digital assets. It is designed for liquidity, diversification, and implementation. The index applies a capped market capitalization-weighted methodology and is updated every five seconds. For further information, consult the CoinDesk 20 Index Methodology.
When did the CoinDesk 20 Index launch? The index launched on January 12, 2024, with a base date of October 4, 2022.
Why did CoinDesk Indices create CoinDesk 20? As the digital asset class grows, a new reference index is needed to measure performance, trade, and invest. CoinDesk 20 is designed with these needs in mind, offering liquidity, diversification, and ease of implementation, and serving as a building block for investment products.
What’s different about CoinDesk 20? The index is built for trading, with weighting caps that promote diversification across its constituents—an attractive feature for investors. CoinDesk 20 is designed to be a liquid and investable "unit of exposure" to the digital asset class.
How can I learn more about CoinDesk 20? Speak with a digital asset expert by submitting a form through the contact us page on CoinDesk's website.