Index Cooperative (INDEX) is a decentralized autonomous organization that operates as an entity in the cryptocurrency space. INDEX is the governance token of the Index Cooperative, representing a stake in the organization's future activities. The token is based on the Ethereum blockchain and follows the ERC-20 standard. The maximum supply of INDEX tokens is capped at 10,000,000. INDEX token holders can participate in the governance of Index Cooperative by voting for or against proposals. They may also receive INDEX rewards by contributing to the growth and sustainability of the organization or by providing liquidity for Index Cooperative products on decentralized exchanges.

Index Cooperative works by issuing its own native token, INDEX, which is used for governance within the organization. The cooperative strives to simplify access to risks and returns in the cryptocurrency market by providing a range of products that aim to abstract complex strategies into a single digital asset. These products include sector indices for diversification across cryptocurrency sectors, leverage tokens for accessing complex trading strategies, and yield tokens for automating on-chain yield generation strategies. INDEX token holders can participate in the decision-making process by voting on proposals, thereby contributing to the growth and sustainability of the cooperative.

Index Cooperative seeks to provide a platform for individuals to gain exposure to the most important themes in the decentralized finance (DeFi) space. The cooperative's products strive to simplify access to complex strategies in the cryptocurrency market, making it easier for both retail users and institutions to participate. INDEX token holders can use their tokens to vote on proposals, thereby influencing the direction of the cooperative. They may also receive INDEX rewards by contributing to the cooperative's growth and sustainability or by providing liquidity for its products on decentralized exchanges.

Index Cooperative was launched as a decentralized autonomous organization (DAO) by Set Labs on October 6th, 2020. Since its inception, the cooperative has evolved significantly, with a small group of core contributors and a larger community of product holders, INDEX holders, and supporters. As a DAO, Index Cooperative operates within the realm of decentralized finance, leveraging its decentralized network of contributors to build simple, accessible, and secure on-chain structured DeFi products.

We update our Index Cooperative to USD currency in real-time. Get the live price of Index Cooperative on Coinbase.

The current market cap of Index Cooperative is $1.737M. A high market cap implies that the asset is highly valued by the market.

The all-time high of Index Cooperative is $65.06. This all-time high is highest price paid for Index Cooperative since it was launched.

Over the last 24 hours, the trading volume of Index Cooperative is $55.489K.

Assets that have a similar market cap to Index Cooperative include Play Solana, KLIPAI, VPay, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Index Cooperative is 6.9 million.

Index Cooperative ranks 280 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 85% of Coinbase users are buying Index Cooperative. In other words, 85% of Coinbase customers have increased their net position in Index Cooperative over the past 24 hours through trading.