CoinDesk 20 Index

The CoinDesk 20 Index tracks a representative group of major crypto assets, providing a gauge of broad market performance and rotation among its constituents. The index has recently seen rapid swings, with AAVE, Uniswap, Solana, NEAR and TAO leading gains on some occasions, while BCH, Ethereum and Bitcoin weighed on performance during certain trading sessions. Outflows from global cryptocurrency ETFs have also reflected shifts in market risk appetite. Monitoring the index can provide insight into major-token performance, signs of a DeFi recovery and capital-allocation trends.