Defi Pulse Index (DPI)

The index is maintained monthly in two phases:

The determination phase takes place during the third week of the month. It is the phase when the changes needed for the next reconstitution are determined.

Circulating Supply Determination: The DeFi Pulse Index currently references CoinGecko’s circulating supply number.

The Circulating Supply is determined during the third week of the month and published before the monthly reconstitution.

Additions and deletions: The tokens being added and deleted from the index calculation are determined during the third week of the month and published before monthly reconstitution.

The index components are adjusted, added and deleted as per the instructions published after the end of the determination phase. New index weights, additions and deletions are incorporated into the index during the monthly reconstitution, which will take place on the first business day of the month. As assets tracked by the index grow, the reconstitution window will expand to more than one day to lower the reconstitution’s market impact.