Crypto startup Set Labs, which is behind the DeFi-focused Set Protocol, has launched a new index to track DeFi assets in collaboration with data platform DeFiPulse. Anthony Sassano announced the launch of the index in a blog post on September 15.
- The DeFi Pulse Index Set tracks the 10 most popular DeFi assets on Ethereum
- The 10 tokens being tracked are LEND, YFI, COMP, SNX, MKR, REN, KNC, LRC, BAL and REPv2
- The index is built on Set Protocol’s v2 infrastructure and can be purchased on Set Protocol’s TokenSets, as well as on partner platforms like Dharma, Pillar and Zapper.
- The methodology used to track the token follows a strict set of criteria, such as requiring 30 days of circulation, a sense of legitimacy and a current circulating token supply that is at least 5% of the projected token supply in 5 years