Total Value Locked$13.66m
TVL by Chain
Ethereum$13.26m
Arbitrum$295,597
Base$105,929
Key Metrics
Fees 30d$30,983
Fees 30d by chain
Ethereum$30,947
Base$35.49
Arbitrum$0
Fees 7d$6,286
Ethereum$6,281
Base$4.61
Arbitrum$0
Fees 24h$836
Ethereum$836
Arbitrum$0
Base$0
Cumulative Fees$401,529
Ethereum$395,585
Base$5,945
Arbitrum$0
Revenue 30d$30,983
Revenue 30d by chain
Ethereum$30,947
Base$35.49
Arbitrum$0
Revenue 7d$6,286
Ethereum$6,281
Base$4.61
Arbitrum$0
Revenue 24h$836
Ethereum$836
Arbitrum$0
Base$0
Cumulative Revenue$401,529
Ethereum$395,585
Base$5,945
Arbitrum$0
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Base$0
Ethereum$0
Holders Revenue 7d$0
Arbitrum$0
Base$0
Ethereum$0
Holders Revenue 24h$0
Arbitrum$0
Base$0
Ethereum$0
Cumulative Holders Revenue$0
Arbitrum$0
Base$0
Ethereum$0
Market Cap$2.24m
$INDEX Price$0.32
Fully Diluted Valuation$2.85m
$INDEX Volume 24h$21,495
CEX Volume$19,355
DEX Volume$1,875(8.72% of total)
Treasury$793,405
Majors$116.45
Stablecoins$280,424
Own Tokens$512,865
Others$0.0006
Total Raised$9.95m
Jul 7, 2021$7.7mRound: SeedInvestors: Galaxy Digital, 1Confirmation, 1kx, Assembly Capital Partners, DeFiance Capital, Laconia Ventures, Wintermute Trading
Dec 8, 2021$2.25mRound: SeedInvestors: Sequoia Capital India, Blockchain Capital, White Star Capital
Protocol Information
Index Coop creates and maintains the world's best crypto index products.All index products are always fully collateralized.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Streaming fees and issuance/redemption fees paid by users.View code on GitHubRevenue: Fees retained by the Index Coop protocol, including manager and protocol portions.View code on GitHubHolders Revenue: View code on GitHubTreasury: Value of tokens owned by the protocolYields
Pools Tracked3
Average Supply APY0%
Competitors
Index Coop history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Dec 11, 2020 to Oct 25, 2026.
All-time high TVL: $550.49m on Nov 9, 2021. All-time low TVL: $8.62m on Jun 7, 2026.
Daily TVL, Sep 26, 2026 to Oct 25, 2026
| Date | TVL |
|---|---|
| Sep 26, 2026 | $16.64m |
| Sep 27, 2026 | $16.65m |
| Sep 28, 2026 | $16.72m |
| Sep 29, 2026 | $16.25m |
| Sep 30, 2026 | $16.39m |
| Oct 1, 2026 | $16.42m |
| Oct 2, 2026 | $16.71m |
| Oct 3, 2026 | $16.77m |
| Oct 4, 2026 | $16.95m |
| Oct 5, 2026 | $17.31m |
| Oct 6, 2026 | $17.21m |
| Oct 7, 2026 | $16.85m |
| Oct 8, 2026 | $15.85m |
| Oct 9, 2026 | $15m |
| Oct 10, 2026 | $15.17m |
| Oct 11, 2026 | $15.38m |
| Oct 12, 2026 | $15.72m |
| Oct 13, 2026 | $14.47m |
| Oct 14, 2026 | $15.26m |
| Oct 15, 2026 | $14.4m |
| Oct 16, 2026 | $14.66m |
| Oct 17, 2026 | $14.48m |
| Oct 18, 2026 | $14.24m |
| Oct 19, 2026 | $14.32m |
| Oct 20, 2026 | $14.22m |
| Oct 21, 2026 | $14.75m |
| Oct 22, 2026 | $14.99m |
| Oct 23, 2026 | $14.17m |
| Oct 24, 2026 | $14.06m |
| Oct 25, 2026 | $13.76m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $88.05m |
| Dec 31, 2024 | $78.92m |
| Jan 31, 2025 | $69.19m |
| Feb 28, 2025 | $43.51m |
| Mar 31, 2025 | $29.22m |
| Apr 30, 2025 | $32.95m |
| May 31, 2025 | $42.51m |
| Jun 30, 2025 | $42.61m |
| Jul 31, 2025 | $60.01m |
| Aug 31, 2025 | $61.19m |
| Sep 30, 2025 | $55.73m |
| Oct 31, 2025 | $43.73m |
| Nov 30, 2025 | $27.7m |
| Dec 31, 2025 | $24.58m |
| Jan 31, 2026 | $20.72m |
| Feb 28, 2026 | $12.99m |
| Mar 31, 2026 | $12.98m |
| Apr 30, 2026 | $14.17m |
| May 31, 2026 | $11.93m |
| Jun 30, 2026 | $8.96m |
| Jul 31, 2026 | $10.6m |
| Aug 31, 2026 | $13.59m |
| Sep 30, 2026 | $16.39m |
| Oct 25, 2026 (latest) | $13.76m |
TVL at each year end, Dec 31, 2020 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2020 | $24.73m |
| Dec 31, 2021 | $359.38m |
| Dec 31, 2022 | $76.9m |
| Dec 31, 2023 | $70.46m |
| Dec 31, 2024 | $78.92m |
| Dec 31, 2025 | $24.58m |
Fees, revenue and holders revenue by UTC calendar month, Feb 2025 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Feb 2025 | $36,391 | $36,391 | $0 |
| Mar 2025 | $0 | $0 | $0 |
| Apr 2025 | $17,335 | $17,335 | $0 |
| May 2025 | $25,468 | $25,468 | $0 |
| Jun 2025 | $17,413 | $17,413 | $0 |
| Jul 2025 | $15,082 | $15,082 | $0 |
| Aug 2025 | $19,494 | $19,494 | $0 |
| Sep 2025 | $17,510 | $17,510 | $0 |
| Oct 2025 | $12,004 | $12,004 | $0 |
| Nov 2025 | $5,943 | $5,943 | $0 |
| Dec 2025 | $4,678 | $4,678 | $0 |
| Jan 2026 | $26,711 | $26,711 | $0 |
| Feb 2026 | $22,464 | $22,464 | $0 |
| Mar 2026 | $23,872 | $23,872 | $0 |
| Apr 2026 | $25,526 | $25,526 | $0 |
| May 2026 | $17,489 | $17,489 | $0 |
| Jun 2026 | $22,485 | $22,485 | $0 |
| Jul 2026 | $17,670 | $17,670 | $0 |
| Aug 2026 | $18,013 | $18,013 | $0 |
| Sep 2026 | $31,532 | $31,532 | $0 |
| Oct 2026 (to date) | $24,449 | $24,449 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/index-coop
Frequently asked questions
What is Index Coop's TVL?
As of Oct 25, 2026, Index Coop has $13.66m in total value locked. TVL has decreased 16.3% over the past 30 days.
What chains does Index Coop operate on?
Index Coop operates on 3 chains: Ethereum, Arbitrum, and Base. Ethereum holds the largest share at 97.1%.
How much has Index Coop generated in fees and revenue?
Over the past 30 days, Index Coop generated $30,983 in fees. Of that, $30,983 was protocol revenue. Based on the trailing year, the annualized rate is $241,659 in fees and $241,659 in revenue.
What is the INDEX token price and valuation?
INDEX is currently trading at $0.32. Its circulating market capitalization is $2.23m, ranking it #2,636. Its fully diluted valuation is $2.84m. Supply currently stands at 7.07m circulating, 9m total supply, 10m maximum supply.
How has INDEX performed recently?
INDEX is down 16.5% over the past 7 days and up 14.7% over the past 30 days. Its all-time high is $67.08, reached on May 8, 2021. The token is currently 99.5% below that level.
How does Index Coop's TVL compare to similar protocols?
Among Indexes protocols tracked by DefiLlama, Index Coop ranks #5 by TVL. The category holds $300.05m across 75 protocols, and Index Coop accounts for 4.6% of that total. Similar protocols include Reserve Protocol, Chamber Vaults, WeDeFin, Enzyme Finance, SHPRD, Nested, Astra DAO, SoSoValue Indexes, Set Protocol, and Asymmetry Finance.
How many yield pools does Index Coop have?
DefiLlama tracks 3 Index Coop yield pools with an average APY of 0%.
Does Index Coop have a treasury?
Index Coop has a tracked treasury currently valued at $793,405. Its holdings include $280,424 in stablecoins, $116.45 in major assets, $512,865 in its own tokens, $0.0006 in other assets.

