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On this page
  • GMCI 30 Index (Perpetual)
  • GMCI MEME Index (Perpetual)
  • GMCI Indices on Vertex
  • Trading and Utilization
  • Risk Management
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  1. Basics

GMCI 30 & MEME Indices

Discover crypto-native index products on Vertex that allow traders to speculate on the performance of a specific cryptocurrency index directly on the Vertex app -- courtesy of GMCI.

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Last updated 1 year ago

Vertex currently has two index perpetual products listed:

  1. GMCI 30

  2. GMCI MEME

The perpetual indices provide exposure to diversified digital asset markets, functioning as derivative contracts that allow traders to speculate on the performance of a specific cryptocurrency index directly on the Vertex app.

These indices comprise a basket of various cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), and other top-performing digital assets.

For more details on GMCI products, please visit their website here.

  • GMCI Indices Launch Announcement: https://x.com/vertex_protocol/status/1790413000618422621


GMCI 30 Index (Perpetual)

The GMCI 30 Index tracks the top 30 digital assets by market capitalization, providing a broad market overview and price exposure to the largest crypto assets.

  1. Functionality: This index offers a diversified portfolio that represents the overall market performance of all 30 digital assets included in the index.

  2. Composition: It includes the largest 30 digital assets, such as Bitcoin (BTC), Ethereum (ETH), and the other top cryptocurrencies by market capitalization.

  3. Rebalancing: The index rebalances monthly to adjust for changes in market capitalization and maintain its structure.

  • GMCI 30 Methodology

  • GMCI 30 Fact Sheet

  • GMCI 30 Live Performance

  • Market Specifications on Vertex


GMCI MEME Index (Perpetual)

The GMCI MEME Index focuses on meme-based digital assets, capturing the market trends and sentiments within this distinct index category.

  1. Functionality: This index is designed to track the performance of popular meme coins, reflecting the speculative and community-driven aspects of the crypto market.

  2. Composition: It includes well-known meme coins like Dogecoin (DOGE), Shiba Inu (SHIB), and other emerging meme coins.

  3. Rebalancing: The index rebalances monthly to account for the high volatility and rapid market changes characteristic of meme assets.

  • GMCI MEME Methodology

  • GMCI MEME Fact Sheet

  • GMCI MEME Live Performance

  • Market Specifications on Vertex


GMCI Indices on Vertex

Trading and Utilization

  • Access: Users can trade these indices directly on the Vertex app – benefiting from streamlined exposure to diversified asset classes.

  • Advantages: These index products reduce the complexity of managing multiple assets individually, offering a simplified yet effective investment approach.

Risk Management

  • Diversification: By including a wide range of assets, these indices help mitigate the risks associated with individual asset volatility.

  • Transparency: The indices follow a clear methodology, with regular updates and rebalancing to ensure alignment with market conditions.

For further details about the GMCI indices, visit GMCI.

🗂️
Trade GMCI 30 & MEME on Vertex
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