CoinDesk Twenty
About CoinDesk 20 Index
The price of CoinDesk Twenty (CD20) is $1,946.38 today, as of Oct 12 03:01 a.m., with a 24-hour trading volume of $0. Over the last 24 hours, the price has increased by 3.14%. CoinDesk Twenty currently has a circulating supply of 0 and a market cap of $0.
The CoinDesk 20 (CD20) is a broad-based index that measures the performance of top digital assets.Characteristics include:
- Designed with liquidity, diversification benefits, and implementation in mind
- Applies a capped market capitalization-weighted methodology to enhance diversification
- Calculated and published once every five seconds
- Complete details available in the CoinDesk 20 Index Methodology
This index is built to trade, act as the benchmark for the crypto asset class, and be a foundation for investment vehicle construction. CoinDesk 20 products are now available globally. For more please visit coindesk.com/indices/coindesk20.
What is CoinDesk 20?
CoinDesk 20 is a broad-based index that measures the performance of top digital assets. Designed with liquidity, diversification benefits, and implementation in mind, the CoinDesk 20 applies a capped market capitalization-weighted methodology to enhance diversification and is calculated and published once every five seconds. Complete details are available in the CoinDesk 20 Index Methodology.
When did the CoinDesk 20 Index launch?
The CoinDesk 20 Index launched on January 12, 2024 with a base date of October 4, 2022.
Why did CoinDesk Indices create CoinDesk 20?
As the new digital asset class emerges, market participants and observers will need a new reference index to measure performance, invest, and trade. CoinDesk 20 has been designed with liquidity, diversification benefits, and implementation in mind. This index is the reference for crypto and the new building block for investment products. CoinDesk 20 products are available globally.
What’s different about CoinDesk 20?
CoinDesk 20 is built for trading. The weighting caps promote diversification across all constituents, a feature investors can appreciate. CoinDesk Indices constructed the CoinDesk 20 to be the liquid, investable “unit of exposure” to the digital asset class.
How can I learn more about CoinDesk 20?
Speak with one of our digital asset experts by submitting a form through our contact us page.