Index Coop

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Index Coop's governance or utility token carries a market capitalisation of 2 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (2 Mio. $) is small relative to deposits secured by the protocol (15,4 Mio. $); a mcap/TVL multiple of 0.13× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Index Coop is a Indexes — a decentralised exchange where users swap assets against on-chain liquidity pools rather than a central order book. It is deployed across 3 chains, including Ethereum, Arbitrum, Base. The codebase has been independently audited (2 reports on file).

Index Coop operates on 3 networks (Ethereum, Arbitrum, Base), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Ethereum, Arbitrum, Base), so a fault on any one of them would affect a large slice of users. Two audit reports are published on DeFiLlama, which is in line with typical practice for protocols at this scale. Its token market cap (2 Mio. $) is small relative to TVL (15,4 Mio. $) — a mcap/TVL ratio of 0.13 is often read as the token being structurally undervalued versus the activity it secures.

Verified external resources for Index Coop — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Index Coop is one of 7 Indexes protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Mantle Index Four Fund, Reserve Protocol, SoSoValue Indexes, and 3 more. These peer protocols collectively secure 532,1 Mio. $ in deposits, giving you a frame of reference for whether Index Coop's own TVL is at the top, middle, or tail of the category.

Mantle Index Four Fund

TVL 141,4 Mio. $ · 24h +1.11%

Reserve Protocol

TVL 118,1 Mio. $ · 24h +0.11%

SoSoValue Indexes

TVL 96,9 Mio. $ · 24h +0.24%

Enzyme Finance

TVL 91,4 Mio. $ · 24h -0.28%

Bwatch

TVL 58,3 Mio. $ · 24h 0.00%

dHEDGE Vaults

TVL 26 Mio. $ · 24h +0.21%