what's Index Cooperative?
Index Cooperative is a decentralized autonomous organization (DAO) that creates and manages structured DeFi products, including index tokens for diversified exposure to crypto sectors, yield strategies, and leveraged positions. These products are built on Set Protocol, enabling automated creation, rebalancing, and self-custodial ERC-20 tokens. Key offerings include DeFi Pulse Index (DPI), Market Vector Index (MVI), and ETH-focused tokens like icETH (interest-compounding ETH) and hyETH (hedged yield ETH). The INDEX token governs the DAO, allowing holders to propose and vote on product development and treasury management.
Index Coop launched referral infra, migrated hyETH, burned 600k INDEX, and trends profitable.
Burned 100,000 INDEX tokens, reducing circulating supply.
Referral infrastructure launches in November and goes live with early pilot users as new growth driver. hyETH migrates to Gauntlet-managed vault structure, while 600,000 INDEX tokens removed from circulating supply through burn program and protocol trends toward profitability heading into 2026.
Round 1 of Leverage RUSH campaign ends soon with 10,000 INDEX prize pool for trading leverage tokens on Base, Arbitrum, or Ethereum networks.
Q4 Leverage RUSH campaign launches where users earn raffle tickets by trading and holding any leverage token (ETH, BTC, SOL, etc.) for 24 hours.
Listed as #7 top weekly TVL mover, showing notable protocol activity and capital movement.
September token burn removes 1% of total INDEX supply
Leverage Suite reaches $250B+ trading volume milestone with 1,000+ days of zero liquidations
New INDEX token burn proposal (IIP-193) announced alongside expansion plans for leveraged XRP tokens and gold/stablecoin Smart Loop products.
Smart Loops feature launches for onchain yield generation, while leverage trading suite offers automated exposure to ETH, BTC, SOL, and SUI.
New wstETH looping integration launches through Morpho Labs partnership
New leveraged staking product Smart Loops launches on Base, featuring wstETH15x powered by Morpho Labs and Lido Finance.
New ETH yield product 'Smart Loops' launching soon in partnership with Base and MorphoLabs.
Despite -$9.34M monthly TVL decline, major product expansion continues with MetaMask/Coinbase integrations and launch of new leveraged tokens including wstETH15x, SOL2x, and SUI2x.