The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
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Index Cooperative
INDEX
4.5
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Market
Market stats
Market cap
-
Volume (24h)
$36,743.33
Circulating supply
-
Typical hold time
2 days
Popularity
#232
All time high
$133.14
Price change (1h)
+0.43%
Price change (24h)
-2.25%
Price change (7d)
-6.33%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Index Cooperative is on the decline this week.
The price of Index Cooperative has fallen by 6.33% in the past 7 days. The price declined by 2.25% in the last 24 hours. In just the past hour, the price grew by 0.43%. The current price is $0.94 per INDEX. Index Cooperative is 99.30% below the all time high of $133.14.
The current circulating supply is 0 INDEX.
Ratings
Average ratings from the community
4.5 out of 5
218 ratings
Community
4.5
(72)
Roadmap
4.6
(73)
Usefulness
4.6
(73)
This content is for informational purposes only.
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About
INDEX is an Ethereum token that governs Index Cooperative, a protocol for creating custom crypto indexes and structured products. INDEX can be used to vote on the future of the protocol and can be earned by providing liquidity to Index Cooperative products. Note: Coinbase only supports INDEX on the Ethereum blockchain (ERC-20).
What Is Index Cooperative (INDEX)?
The Index Coop (INDEX) is a Decentralized Network project that aims to provide crypto index products. As stated on the website, these products are fully collateralized and built on the V2 infrastructure of Set Protocol. V2 infrastructure protocol supports the platform’s methods for developing and rebalancing index products. In simpler words, Index Coop aims to build simple and powerful index products to help every user access crypto trading themes.
Index Coop aims to build future-proof tools that support the users to navigate through a new set of opportunities. Users can comfortably trade in index tokens for a long period of time without having to worry about research and rebalancing. Anybody across the globe can access these products irrespective of wealth, region, gender, or any other attribute.
Index Cooperative flagship product, the DeFi Pulse Index (DPI), is an index of DeFi governance tokens. The DeFi Pulse Index is a digital asset index that tracks the performance of tokens in the Decentralized Finance space. The DeFi Pulse Index is designed to keep track of Decentralized Finance initiatives that have a high level of usage and demonstrate a commitment to continuous maintenance and development.
INDEX is the governance token of the platform and is used to vote on proposals at the Index Coop. These proposals can cover a wide range of topics, including which products to introduce and which working groups to support. The token is also utilized to reward partners and contributors. Moreover, INDEX is an ERC-20 token deployed on the Ethereum blockchain. The token’s maximum supply is capped at 10,000,000 tokens. 70% of tokens were initially reserved for the community while 30% were dedicated to the Set Protocol and DeFi Pulse teams.
In addition, Index Coop seeks to provide an incentive program that rewards participants in the community. The INDEX token is an essential part of the Index Cooperative and is used as the currency by users of the Index Coop. Members are responsible for adding indices, controlling the treasury, and voting on key system parameters.
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Index Cooperative Calculator
How much is 1 INDEX?
Conversion Table
INDEX/CAD (Canadian Dollar)
CA$1.26
INDEX/JPY (Japanese Yen)
¥139.80
INDEX/INR (Indian Rupee)
₹77.82
INDEX/BRL (Real)
R$4.72
INDEX/EUR (Euro)
€0.89
INDEX/NGN (Nigerian Naira)
NGN 727.97
INDEX/KRW (South Korean Won)
₩1,267.04
Reading List
News
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
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FAQ
What is the current price of Index Cooperative?
We update our Index Cooperative to USD currency in real-time. Get the live price of Index Cooperative on Coinbase.
What is the market cap of Index Cooperative?
The current market cap of Index Cooperative is $0.00. A high market cap implies that the asset is highly valued by the market.
What is the all time high of Index Cooperative?
The all-time high of Index Cooperative is $133.14. This all-time high is highest price paid for Index Cooperative since it was launched.
What is the 24 hour trading volume of Index Cooperative?
Over the last 24 hours, the trading volume of Index Cooperative is $36.74K.
What other assets are similar to Index Cooperative?
Assets that have a similar market cap to Index Cooperative include Anarchy, Neuroni AI, Seek Tiger, and many others. To see a full list, see our comparable market cap assets.
How many Index Cooperative are there?
The current circulating supply of Index Cooperative is 0.
What is the typical holding time of Index Cooperative?
The median time that Coinbase customers hold Index Cooperative before selling it or sending it to another account or address is 2 days.
What is the relative popularity of Index Cooperative?
Index Cooperative ranks 227 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Can I buy Index Cooperative on Coinbase?
Yes, Index Cooperative is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Index Cooperative guide.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.