BitMEX Introduces 3 New Crypto Basket Indices (altcoins, DeFi, And Metaverse)

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BitMEX introduces 3 new crypto basket indices (altcoins, DeFi, and metaverse) PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Popular crypto deritives exchange platform BitMEX, announced today it has introcued three new basket indices available for trading and investment, these include — .BALTMEXT (10 altcoins vs. USDT), .BDEFIMEXT (10 DeFi coins vs. USDT), and .BMETAMEXT (five metaverse coins vs. USDT).

Index Compositions

.BALTMEXT index consists of 10 coins: BNB, SOL, ADA, XRP, DOT, LUNA, DOGE, AVAX, MATIC, and LTC.
.BDEFIMEXT index consists of 10 coins: LUNA, AVAX, UNI, LINK, AXS, XTZ, FTM, LRC, GRT, and MKR.
.BMETAMEXT index consists of five coins: MANA, AXS, SAND, THETA, and ENJ.

For more information on these basket indices see below:

ALTMEXT Basket Index (.BALTMEXT):

Constituent	Conditional Index Multiplier	Market Cap Share
BNB	0.051395	20.00%
SOL	0.138306	16.39%
ADA	15.034309	13.82%
XRP	21.248822	12.22%
DOT	0.444079	8.89%
LUNA	0.170211	7.25%
DOGE	59.587624	6.88%
AVAX	0.109287	6.63%
MATIC	3.184927	4.52%
LTC	0.031040	3.40%

DEFIMEXT Basket Index (.BDEFIMEXT):

Constituent	Conditional Index Multiplier	Market Cap Share
LUNA	2.054478	20.00%
AVAX	1.444456	20.00%
UNI	5.707657	14.11%
LINK	4.244869	13.54%
AXS	0.553761	8.93%
XTZ	7.911322	5.53%
FTM	23.134059	5.34%
LRC	12.074644	4.57%
GRT	42.865903	4.53%
MKR	0.008851	3.45%

METAMEXT Basket Index (.BMETAMEXT):

Constituent	Conditional Index Multiplier	Market Cap Share
MANA	28.980155	20.00%
AXS	0.989210	20.00%
SAND	16.891162	20.00%
THETA	19.027340	20.00%
ENJ	34.112133	20.00%

“We will also be listing our ALTMEXTUSDT, DEFIMEXTUSDT, and METAMEXTUSDT Perpetual Swap contracts in the coming weeks, so stay tuned for more updates.”
– The BitMEX Team

Via: BitMEX Basket Index Documentation

Source: https://www.cryptoninjas.net/2022/01/26/bitmex-introduces-3-new-crypto-basket-indices-altcoins-defi-and-metaverse/

Time Stamp: January 26, 2022