Liquidity and Volatility: Focused on assets with high liquidity and designed to move.
Equal Weighting: Constituents are equal-weighted quarterly to represent large and small tokens.
Pricing: Draws from centralized (CEX) and decentralized (DEX) exchanges.
Eligibility: CDMEME selects the most liquid tokens classified as “Meme” in CoinDesk Data’s metadata set, using the CADLI reference rate that screens eligible centralized exchanges and Ethereum-based DEXes. 90-day seasoning and 30-days of consistent liquidity are required for eligibility.
Monthly and Quarterly Reconstitutions: CDMEME reselects constituents each month. Each quarter, after reselection, weights are reset to equal.
Methodology: Complete rules for CDMEME can be found in the methodology.
New memecoins can enter the index each month, and weighting is reset quarterly to give trends time to run. CDMEME gives traders and analysts one-stop access to the price movement, volatility and momentum in the highly speculative and fast growing memecoin market.
