Indexed Finance Logo

Indexed Finance NDX

Indexed Finance header image

1. Summary

Ranks

Liquidity
29
Developer
-
Social
63
Momentum (beta)
0
Stack Rankā„¢
-
Price
$0.009275490000 +13.9%
Market Cap
$31,893.00 (#7260)
Supply
3.45M / 10.00M
Price
52W High price $0.03
52W High date 23rd Nov 2023 (11 months ago)
All Time High (ATH) Date 4th Feb 2021 (3 years ago)
ATH Price $27.71
% From ATH -99.97%
All Time Low (ATL) Date 28th Oct 2023 (1 year ago)
ATL Price $0.003783850000
% From ATL 101.05%
Supply & Trading Volume
Trading Volume (24h) $810.00
Total Supply 10.00M
Max Supply 10.00M
Circulating Supply 3.45M
Description

Overview

Overview

Indexed Finance is a project focused on the development of passive portfolio management strategies for the Ethereum network. This project is managed by the holders of its governance token, known as NDX. The governance token is used to vote on proposals for protocol updates and high-level index management, including the definition of market sectors and the creation of new management strategies.

Key Features

Indexed Finance's main product is a set of capitalization-weighted index pools. These index pools are designed to replicate the behavior of index funds, which have historically provided better and more consistent returns compared to actively managed funds on the stock market. Each index pool has an ERC20 index token. These tokens can be minted by providing the underlying assets in the pool, burned to claim the underlying assets, or swapped with exchanges to manage exposure to specific markets easily.

The index pools regularly rebalance their underlying assets to better represent the market sectors they track. Portfolio targets are set using on-chain data from Uniswap and pre-set rules defined in smart contracts. The roles for humans in managing index pools include the initial determination of weighting and asset selection rules, defining market sectors, and classifying assets into those sectors. These roles are carried out by NDX governance, which has mandatory time-locks for all governance decisions.

2. Price

NDX

2.1. Market Performance

How does Indexed Finance's (NDX) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

37.0%

NDX

8.2%

Similar Market Cap

60 Day Return

67.9%

NDX

9.9%

Similar Market Cap

1 Year Return

-18.3%

NDX

-37.2%

Similar Market Cap

3. Developer Activity

We're monitoring 36 Indexed Finance GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Indexed Finance Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 112

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 534
Past week 60
Past 12 weeks 128
Past year 499
Past week 0
Past 12 weeks 0
Past year 421
Past week 24
Past 12 weeks 332
Past year 380
Past week 0
Past 12 weeks 0
Past year 226
Past week 0
Past 12 weeks 0
Past year 136

Top Developers 2024

In total, 92 developers have contributed to Indexed Finance over the past year. Who are the most active Indexed Finance developers, by commits, over the past year?

Related Projects

Developers working on Indexed Finance also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 4,668
Active Discord Users 162
Telegram Users 583
Twitter followers 15,818
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://indexed.finance/
Explorer https://etherscan.io/token/0x86772b1409b61c639eaac...
Twitter @ndxfi

What is the correct contract address for Indexed Finance?

Ethereum 0x86772b1409b61c639eaac9ba0acfbb6e238e5f83
Arbitrum-one 0xb965029343d55189c25a7f3e0c9394dc0f5d41b1

Has Indexed Finance been audited for security?

No security audits found for this project.

Are you the owner of Indexed Finance? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.