DEFI Index is composed of the top ten DeFi tokens listed on Delta Exchange. DeFi Index tracks market performance of a basket of DeFi tokens. Index price is calculated using weighted average real time prices of component tokens on Delta Exchange. It is quoted in USDT.
DeFi Index is made of 10 components. These components are rebalanced at the end of every month. Weights of components depend on the market cap and 30 day volume of the respective components.
Weight of each token in the index is the average of capitalization and liquidity weight. Market cap weight is calculated as percentage share of the market cap of a taken compared to the market cap of index. Similarly, volume weight is also the percentage share of the volume of a taken compared to the total volume of all tokens in the index.