The crypto derivatives market is taking a significant step forward with the listing of a memecoin perpetual futures contract on Bullish, one of the rapidly growing regulated digital asset exchanges. This listing follows the announcement by CoinDesk Indices, which has introduced two new industry benchmarks:
CoinDesk Memecoin Index and CoinDesk 100 Index Launch
CoinDesk Indices unveiled two new benchmarks to enhance market participation:
CoinDesk Memecoin Index: A broad-based index that tracks the 50 most liquid memecoins, offering traders and institutions exposure to one of the fastest-growing and volatile sectors of the digital asset market.
CoinDesk 100 Index: A comprehensive benchmark covering the top 100 digital assets, designed to provide deeper market exposure and a single benchmark for institutional investment products and trading strategies.
Bullish has now listed perpetual futures contracts on both of these indices, giving traders the ability to trade with deep liquidity and 24/7 market access.
A Growing Market for Digital Asset Futures
This move follows the success of the CoinDesk 20 and CoinDesk 80 perpetual futures, which have collectively driven over $13.5 billion in trading volume. Since January 2025, the CoinDesk 80 index perpetual future has been seeing millions of dollars in daily trading.
Chris Tyrer, VP and Head of Institutional at Bullish, stated, “The CoinDesk Memecoin Index addresses traders’ demand for liquidity and volatility, while the CoinDesk 100 gives seamless access to the most liquid tokens. We are excited to continue expanding access to the broader digital asset market with our strong regulatory framework.”
Why This Launch Matters
CoinDesk Indices’ new benchmarks are particularly significant for institutional investors seeking exposure to crypto markets beyond Bitcoin and Ether. With over $30 billion in benchmarked assets, CoinDesk Indices has positioned itself as the leader in institutional-grade digital asset indices.
The CoinDesk Memecoin Index provides an equal-weighted, structured measurement of the 50 most liquid memecoins. This sector has witnessed explosive growth in trading volume and derivative interest, but until now, it lacked a transparent benchmark for price discovery and risk management.
Alan Campbell, President of CoinDesk Indices, commented, “The digital asset market is evolving beyond single-token exposure. These indices offer the liquidity and transparency necessary for advanced trading strategies, while providing institutional investors with structured access to these emerging assets.”
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