The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
Create a Coinbase account to buy and sell Index Cooperative on the most secure crypto exchange.
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.
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.
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).
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 . 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 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 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 token deployed on the Ethereum . 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.
The current market cap of Index Cooperative is $0.00. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of Index Cooperative is $36.74K.
The current circulating supply of Index Cooperative is 0.
The median time that Coinbase customers hold Index Cooperative before selling it or sending it to another account or address is 2 days.
Index Cooperative ranks 227 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
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.