The CoinDesk 5 Index tracks the performance of the five largest constituents of the CoinDesk 20. CoinDesk 5 is market capitalization weighted and rebalanced quarterly–designed for investment product implementation at scale.
Key Features of the CoinDesk 5 Index:
- Eligibility and Selection: CoinDesk 5 comprises the five largest assets of the CoinDesk 20 Index. CoinDesk 20 constituents are subject to certain exclusions and are selected using liquidity and size filters.
- Exclusions: Stablecoins, memecoins, privacy/gas tokens, wrapped tokens, staked assets and pegged assets.
- Weighting: Constituents are weighted by market capitalization using circulating supply.
- Reconstitution: Reconstitutions are conducted quarterly in alignment with CoinDesk 20. Buffers are implemented to reduce index turnover.
- Calculation: The index is calculated and published every five seconds, seven days a week. Methodology: All index methodologies and other important information is presented on our governance page.
