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02.19.2025
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Indices > CDMEME

CoinDesk Meme

Last Updated: February 13, 2025

The CoinDesk Memecoin Index (CDMEME) tracks the performance of fifty of the most liquid memecoins, weighted equally. 

New memecoins can enter the index each month, and weighting is reset quarterly to give trends time to run. CDMEME gives traders and analysts one-stop access to the price movement, volatility, and momentum in the speculative memecoin market.

Background

CDMEME is a perpetual futures trading product from CoinDesk Indices.

Launch

CDMEME became available for trading on Bullish on February 19, 2025 with a base date of October 31, 2024.

What is CDMEME's place in the ecyosystem?

Constituents are equal-weighted quarterly to represent large and small tokens. For eligibility and pricing, CDMEME selects the most liquid tokens classified as “Meme” in CCData’s metadata set, using the CADLI reference rate that screens eligible centralized exchanges and Ethereum-based DEXes. 90-day seasoning and 30-days of consistent liquidity are required for eligibility. 

CoinDesk Indices, Inc., including CC Data Limited, its affiliate which performs certain outsourced administration and calculation services on its behalf (collectively, “CDI””), does not sponsor, endorse, sell, promote, or manage any investment offered by any third party that seeks to provide an investment return based on the performance of any index. CDI is neither an investment adviser nor a commodity trading advisor and makes no representation regarding the advisability of making an investment linked to any CDI index. CDI does not act as a fiduciary. A decision to invest in any asset linked to a CDI index should not be made in reliance on any of the statements set forth in this document or elsewhere by CDI. All content displayed here or otherwise used in connection with any CDI index (the “Content”) is owned by CoinDesk Indices and/or its third-party data providers and licensors, unless stated otherwise by CDI. CDI does not guarantee the accuracy, completeness, timeliness, adequacy, validity, or availability of any of the Content. CDI is not responsible for any errors or omissions, regardless of the cause, in the results obtained from the use of any of the Content. CDI does not assume any obligation to update the Content following publication in any form or format. CDI indices have been licensed by CDI. CDI is a member of the Bullish Group.

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