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Index Cooperative

INDEX

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About Index Cooperative

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).

Index Cooperative (INDEX) is a decentralized autonomous organization that operates as an entity in the cryptocurrency space. INDEX is the governance token of the Index Cooperative, representing a stake in the organization's future activities. The token is based on the Ethereum blockchain and follows the ERC-20 standard. The maximum supply of INDEX tokens is capped at 10,000,000. INDEX token holders can participate in the governance of Index Cooperative by voting for or against proposals. They may also receive INDEX rewards by contributing to the growth and sustainability of the organization or by providing liquidity for Index Cooperative products on decentralized exchanges.

Index Cooperative works by issuing its own native token, INDEX, which is used for governance within the organization. The cooperative strives to simplify access to risks and returns in the cryptocurrency market by providing a range of products that aim to abstract complex strategies into a single digital asset. These products include sector indices for diversification across cryptocurrency sectors, leverage tokens for accessing complex trading strategies, and yield tokens for automating on-chain yield generation strategies. INDEX token holders can participate in the decision-making process by voting on proposals, thereby contributing to the growth and sustainability of the cooperative.

Index Cooperative seeks to provide a platform for individuals to gain exposure to the most important themes in the decentralized finance (DeFi) space. The cooperative's products strive to simplify access to complex strategies in the cryptocurrency market, making it easier for both retail users and institutions to participate. INDEX token holders can use their tokens to vote on proposals, thereby influencing the direction of the cooperative. They may also receive INDEX rewards by contributing to the cooperative's growth and sustainability or by providing liquidity for its products on decentralized exchanges.

Index Cooperative was launched as a decentralized autonomous organization (DAO) by Set Labs on October 6th, 2020. Since its inception, the cooperative has evolved significantly, with a small group of core contributors and a larger community of product holders, INDEX holders, and supporters. As a DAO, Index Cooperative operates within the realm of decentralized finance, leveraging its decentralized network of contributors to build simple, accessible, and secure on-chain structured DeFi products.

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Market

Market stats

Market cap

$20.2M

Volume (24h)

$173,422.06

Circulating supply

6.7M INDEX

Typical hold time

4 days

Popularity

#3395

All time high

$65.06

Market performance

Price change (1h)

+0.17%

Price change (1d)

+4.88%

Price change (1w)

-2.43%

Price change (2w)

-7.95%

Price change (1m)

-18.94%

Price change (1y)

+252.35%

Market benchmarks

Performance (1Y)

+254.12%

Vs. Market (1Y)

+71.64%

Vs. BTC (1Y)

+50.47%

Vs. ETH (1Y)

+122.72%

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Social

Some highlights about Index Cooperative on social media

53 unique individuals are talking about Index Cooperative and it is ranked #631 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Index Cooperative has an average sentiment score of 3.2 out of 5. Finally, Index Cooperative is becoming more newsworthy, with 0 news articles published about Index Cooperative. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Index Cooperative. There were 28.07% of tweets with bullish sentiment compared to 8.77% of tweets with a bearish sentiment about Index Cooperative. 63.16% of tweets were neutral about Index Cooperative. These sentiments are based on 57 tweets.

On Reddit, Index Cooperative was mentioned in 1 Reddit posts and there were 3 comments about Index Cooperative. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

53 people

Posts

47 posts

Dominance

0%

Volume rank

#631

Average Sentiment

3.2 out of 5

Twitter

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Index Cooperative is on the decline this week.

The price of Index Cooperative has increased by 0.17% in the last hour and increased by 4.88% in the past 24 hours. Index Cooperative’s price has also fallen by 2.43% in the past week. The current price is $3.01 per INDEX with a 24-hour trading volume of $173.42K. Currently, Index Cooperative is valued at 95.37% below its all time high of $65.06. This all-time high was the highest price paid for Index Cooperative since its launch.

The current circulating supply of Index Cooperative is 6,726,859.192 INDEX which means that Index Cooperative has as total market cap of 6,726,859.192.

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 $20.15M. 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 $65.06. 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 $173.42K.

What other assets are similar to Index Cooperative?

Assets that have a similar market cap to Index Cooperative include ftm.guru, BOB, BOB (ETH), 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 6.7 million.

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 4 days.

What is the relative popularity of Index Cooperative?

Index Cooperative ranks 228 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Index Cooperative?

Currently, 85% of Coinbase users are buying Index Cooperative. In other words, 85% of Coinbase customers have increased their net position in Index Cooperative over the past 24 hours through trading.

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.