what's Cryptex Finance?
Cryptex Finance is a DeFi protocol that builds decentralized index products for digital assets, designed to meet traditional finance standards while ensuring on-chain transparency, auditability, and composability. Key offerings include tokenized indices tracking total crypto market cap (TCAP), NFT market cap (JPEGz), and verifiable on-chain indices like CRYPTEX 40, powered by Chainlink oracles and governed by the Cryptex DAO. The platform supports perpetual markets with up to 20x leverage on Arbitrum, leveraging infrastructure from partners like Perennial Labs. CTX serves as the governance token, enabling holders to participate in DAO decisions, staking for access, and ecosystem rewards. Products emphasize institutional-grade scalability with features like Cryptex Tower for capital efficiency.
Cryptex Finance filed for BAGZ, a Digital Market Cap ETF holding ~30 cryptos directly via Cayman.
Filed for the Cryptex Digital Market Cap ETF with ticker BAGZ, structured using a Cayman subsidiary and designed to hold approximately 30 cryptocurrencies directly.
Launched new governance system on Aragon featuring veCTX staking, delegated voting with fast-track and veto mechanisms, and rewards. Also launched a solution at SmartCon as a Chainlink ecosystem project.