CoinDesk DeFi Index (DCF)
Overview
24H return
Historical Rates & Volumes
Constituent Weights
Uniswap: 21%
Maker: 10%
THORChain: 7%
Lido DAO: 6%
Jupiter (SOL): 5%
Others: 50%
The CoinDesk DeFi Index (DCF) is designed to measure the market capitalization weighted performance of computing protocols that are included in Digital Asset Classification Standard (DACS). Inclusion of a digital asset in CDF is subject to minimum trading and exchange eligibility requirements.
The Index is based on DACS. Constituents of the index must be included in DACS and assigned to the Decentralized Finance ("DeFi") Sector to be eligible for the index. For more information on DACS, including sector definitions, please refer to the DACS page.
The CMI family of indices functions as a benchmark for digital asset allocation models that guide investor decisions on how much to invest in each asset class. It delivers institutional quality intelligence to investors who can use them to develop strategies against market fluctuations and capture untapped opportunities in the investable digital asset market.
For updated information on our index announcements, methodologies, index policies, index catalogues, reconstitution calendars and consultations, please visit our Governance page.
Index Constituents
CoinDesk DeFi Index (DCF)
46 Constituents Total
Symbol
Name
DACS Sector
DACS Industry Group
DACS Industry
Weight
UNI
Uniswap
DeFi
Exchanges
AMM
21.47%
MKR
Maker
DeFi
DAO
Active DAO
9.62%
RUNE
THORChain
DeFi
Exchanges
AMM
7.46%
LDO
Lido DAO
DeFi
DAO
Active DAO
6.50%
JUP
Jupiter (SOL)
DeFi
Exchanges
Exchanges (Other)
5.41%
AAVE
Aave
DeFi
Credit Platform
Lending / Borrowing
4.95%
ONDO
Ondo
DeFi
Yield
Yield
4.17%
ETHDYDX
dYdX (ETH)
DeFi
Exchanges
CLOB
3.77%
SNX
Synthetix
DeFi
Derivatives
Derivatives
3.24%
GNO
Gnosis
DeFi
DAO
DAO (Other)
3.00%
RBN
Ribbon Finance
DeFi
Exchanges
Exchanges (Other)
2.36%
OSMO
Osmosis
DeFi
Exchanges
AMM
2.19%
CRV
Curve DAO Token
DeFi
Exchanges
AMM
2.01%
JTO
JITO
DeFi
Yield
Yield
1.82%
COMP
Compound
DeFi
Credit Platform
Lending / Borrowing
1.76%
1INCH
1inch Network
DeFi
Exchanges
Exchanges (Other)
1.64%
RPL
Rocket Pool
DeFi
Yield
Yield
1.59%
ZRX
0x
DeFi
Exchanges
Exchanges (Other)
1.56%
FXS
Frax Share
DeFi
DAO
Active DAO
1.30%
AMP
Amp
DeFi
Credit Platform
Credit Platform (Other)
1.19%
SUSHI
SushiSwap
DeFi
Exchanges
AMM
0.94%
CVX
Convex Finance
DeFi
Yield
Yield
0.94%
GMX
GMX
DeFi
Exchanges
Exchanges (Other)
0.91%
YFI
yearn.finance
DeFi
Yield
Yield
0.90%
C98
Coin98
DeFi
Exchanges
Exchanges (Other)
0.80%
CELR
Celer Network
DeFi
Atomic Swaps
Atomic Swaps
0.77%
BAL
Balancer
DeFi
Exchanges
AMM
0.75%
NMR
Numeraire
DeFi
Asset Management
Asset Management
0.64%
SYN
Synapse
DeFi
Atomic Swaps
Atomic Swaps
0.60%
TRU
TrueFi
DeFi
Credit Platform
Lending / Borrowing
0.51%
HFT
Hashflow
DeFi
Exchanges
AMM
0.47%
ORCA
Orca
DeFi
Exchanges
AMM
0.44%
KNC
Kyber Network Crystal
DeFi
Exchanges
AMM
0.43%
LQTY
Liquity
DeFi
Credit Platform
Lending / Borrowing
0.39%
STG
Stargate Finance
DeFi
Atomic Swaps
Atomic Swaps
0.37%
ALPHA
Stella
DeFi
Asset Management
Asset Management
0.36%
BNT
Bancor
DeFi
Asset Management
Asset Management
0.34%
SPELL
Spell Token
DeFi
Credit Platform
Lending / Borrowing
0.34%
BADGER
Badger DAO
DeFi
DAO
DAO (Other)
0.32%
GTC
Gitcoin
DeFi
Asset Management
Asset Management
0.31%
POLS
Polkastarter
DeFi
DAO
DAO Builder
0.28%
PERP
Perpetual Protocol
DeFi
Exchanges
AMM
0.27%
QI
BENQI
DeFi
Credit Platform
Lending / Borrowing
0.26%
FORTH
Ampleforth Governance Token
DeFi
DAO
Active DAO
0.24%
MPL
Maple
DeFi
Credit Platform
Lending / Borrowing
0.23%
ALCX
Alchemix
DeFi
Credit Platform
Lending / Borrowing
0.20%
Data as of May 8, 2024
Get the data • Created with DatawrapperWhat is DeFi?
Decentralized finance (DeFi) is an emerging financial technology utilizing the secure distributed ledgers of the blockchain.
What it does: DeFi circumvents the fees and barriers that traditional financial institutions implement for using their services, providing users self-sovereignty and direct access.
Why it matters: DeFi holds the potential to bring about an egalitarian financial system, as anyone with an internet connection can leverage DeFi services.
Use cases: DeFi platforms focus primarily on providing borrowing, lending, staking and exchange services, whereby participants can deposit funds as collateral via decentralized smart contracts. As such, one of the key aspects of DeFi is total value locked (TVL). TVL is the total value of all assets deposited, or staked, in a decentralized finance protocol that generate economic activity.
Documentation
CoinDesk Reference Rate Methodology
CoinDesk Market Index Methodology
CoinDesk Digital Asset Indices Policy Methodology
DACS Methodology
Usage and licensing
If you require access to real time or historic data for this index to power a product or service or are interested in licensing the index for the creation of a financial product, investment fund or derivative instrument please contact licensing@coindesk-indices.com