Defi Pulse Index (DPI)

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The DeFi Pulse Index (DPI) is a capitalization-weighted index that tracks the performance of decentralized financial assets across the market.

Stats

Market Cap

Volume

Current Supply

Streaming Fee

0.95%

Underlying Tokens

Uniswap logo
Uniswap
Aave
Maker
Synthetix logo
Synthetix
Loopring
Compound
Balancer
Sushi logo
Sushi
Yearn
REN

About

Objective

The DeFi Pulse Index is a digital asset index designed to track tokens’ performance within the Decentralized Finance industry. The index is weighted based on the value of each token’s circulating supply. The DeFi Pulse Index aims to track projects in Decentralized Finance that have significant usage and show a commitment to ongoing maintenance and development.

View the official methodology here.

Token Inclusion Criteria

The DeFi Pulse Index has a collection of criteria composed of four dimensions. Two dimensions are used to evaluate the token’s characteristics, one dimension is used to assess the project’s characteristics, and one is used to evaluate the protocol’s characteristics. The inclusion criteria are the basis to select what tokens will be included in the index.

Token’s Descriptive Characteristics

The token must be available on the Ethereum blockchain.
The token must be associated with a decentralized finance protocol or dapp listed on DeFi Pulse.
The token must not be considered a security by the corresponding authorities across different jurisdictions.
The token must be a bearer instrument. None of the following will be included in the index:Wrapped tokens. Tokenized derivatives. Synthetic assets. Tokens that are tied to physical assets. Tokens that represent claims on other tokens.

Token’s Supply Characteristics

It must be possible to reasonably predict the token’s supply over the next five years. At least 5% of the five year supply must be currently circulating. The token’s economics must not have locking, minting or other patterns that would significantly disadvantage passive holders.

Project’s Traction Characteristics

The project must be widely considered to be building a useful protocol or product. Projects focused on competitive trading/holding, having Ponzi characteristics, or projects that exist primarily for entertainment, will not be included.
The project’s protocol must have significant usage.
The protocol or product must have been launched at least 180 days before being able to qualify to be included in the index.
The protocol or project must not be insolvent.

Protocol’s User Safety Characteristics

Security professionals must have reviewed the protocol to determine that security best practices have been followed to maintain user assets safe under different circumstances. Alternatively, the protocol must have been operating long enough to create a consensus about its safety in the decentralized finance community.
In the event of a safety incident, the team must have responded promptly and addressed the incident responsibly in the aftermath, providing users of the protocol with a reliable solution and the decentralized finance community with adequate documentation to provide transparency about the incident.
The selected tokens must have sufficient liquidity across a variety of trading platforms.

Index Calculation

Index Maintenance

Disclaimer:

This content is for informational purposes only and should not be construed as legal, tax, investment, financial, or other advice. Each purchaser of an Index Coop product should consult with his or her own legal adviser and tax adviser before purchasing such products. Digital assets are volatile and risky and may not be appropriate for your financial situation or investment goal.

You shall use our tokens and website in compliance with the Terms of Service.

The following risks may apply to this digital asset: full or partial loss of digital assets due to technical hacks, exploits, or failures that may occur at the protocol or smart contract level of a product’s infrastructure; restrictions placed on the digital assets by regulatory authorities in the end users region; loss of digital assets or loss of access to the digital assets due to decisions made by centralized providers of the underlying assets; full or partial loss of digital assets through standard product operations which can be hampered by unexpected market conditions; full or partial loss of digital assets due to changes to underlying product assets made by the originating protocols; full or partial loss of digital assets due to volatility, correlation, value at risk, and contagion risks; underperformance of digital assets due to deviation from intended methodology; full or partial loss of digital assets due to the volatility of underlying tokens.

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