Nasdaq adds a new index for decentralized finance ‘DeFix,’ covering Augur, MakerDAO

DeFi • September 10, 2019, 4:10AM EDT
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.

Stock exchange operator Nasdaq has added yet another crypto-related index – this time for decentralized finance (DeFi), according to an announcement Monday.

The operator has partnered with London-based brokerage firm EXANTE to offer the DeFix index, which includes “real-time” information for projects such as Augur and MakerDAO, among others.

“DeFiX is the first altcoin index that reflects the dynamics of the most promising blockchain projects working in decentralized finance: Augur, Gnosis, Amoveo, Numerai, Maker, 0x,” said Nasdaq.

The new index is available on the Nasdaq Global Index Data ServiceSM (GIDS), its consolidated data feed, and is refreshed every 60 seconds. In addition to Nasdaq, users can also view the DeFix index on Tradingview and Google, as well as Yahoo Finance in the future, per the announcement.

Earlier this year, Nasdaq also partnered with New Zealand-based blockchain data and research firm Brave New Coin to provide indices for bitcoin (BTC), ether (ETH) and XRP cryptocurrencies. The operator also offers two benchmark indices covering the top 200 cryptocurrencies by market capitalization – one with bitcoin and the other without – in an association with CoinMarketCap.

TAGS
XRP

AUTHOR

Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

See More
Connect on

WHO WE ARE

The Block is a news provider that strives to be the first and final word on digital assets news, research, and data.

+ Follow us on Google News
Connect with the block on

More by Yogita Khatri