An index is a standardized method of tracking the price performance of a pool of assets. With indices, you can get exposure to an entire sector at the same time and only require opening a single position.
Indexes at Deri Protocol, track the MTM (mark-to-market) of a virtual portfolio invested in N coins. A portfolio starts with 100USDT in average at the genesis time (t0) and invests w (the equal initial weight for every constituent (of the specific index),
) of the capital into each of the coins, which are also the initial constituents.
At Deri Protocol, we currently offer 2 active Indexes: