Market cap
$1.89M
16.95 %
Volume (24h)
$94K
16.95 %
Circulating supply
7,296,756 INDEX
Total supply
10,000,000 INDEX
Max. supply
10,000,000 INDEX
Index Cooperative (INDEX)
$ 0.01
16.95 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$1.89M
Volume 24h$94K
Circulating supply7.3M73% of max 10M
All-time high$67.08-100% from peak · 2021-05-08
Index Cooperative (ticker: INDEX) is a decentralized autonomous organization (DAO) that builds and manages crypto index products — ready-made baskets of tokens that track entire sectors of the market, such as DeFi or the metaverse. Think of it as a community-run alternative to an index fund provider: instead of a company making decisions, INDEX token holders vote on which products get built and how the treasury is spent. The INDEX token itself is an Ethereum-based governance token that represents voting power in this DAO.
Frequently asked questions
What is Index Cooperative, and how is it different from other crypto projects?
Index Cooperative focuses on index products — diversified baskets of tokens that track whole sectors, much like ETFs do in traditional finance. Rather than being run by a central company, it operates as a DAO where INDEX holders vote on product launches, partnerships, and treasury management. That collective governance model is its main distinguishing feature.
How does INDEX work under the hood? Does it have its own blockchain?
No — INDEX is an ERC-20 token running on Ethereum, so it relies on Ethereum's proof-of-stake consensus instead of having its own blockchain or validators. Every transfer or vote is an ordinary Ethereum transaction enforced by a smart contract. In practice, this means INDEX inherits the security of the entire Ethereum network.
How is INDEX issued, and is the supply limited?
Yes — INDEX has a hard cap of 10,000,000 tokens, so the total supply can never exceed that number. The original distribution involved liquidity mining incentives along with allocations to the DAO treasury and project contributors. Because the maximum is fixed, no additional INDEX can ever be minted.
How do I store and use INDEX?
Any Ethereum-compatible wallet will do: MetaMask or Trust Wallet for everyday use, or a hardware wallet like Ledger for stronger security. The token's main utility is governance — you can vote on DAO proposals yourself or delegate your voting power to another member. Keep in mind that moving or using INDEX requires a small amount of ETH to cover Ethereum gas fees.