Index Coop Large Cap Index (ic21)
The Index Coop Large Cap Index (ic21) is powered by 21.co Wrapped Assets and comprised of the most successful crypto projects.
The Index Coop Large Cap Index (ic21) offers diversified exposure to top crypto projects through square root market cap weighting. ic21 contains a number of non-EVM-native assets that are represented by fully collateralized wrapped tokens provided by 21.co.
ic21 employs a square root market cap methodology and applies a 30d simple moving average to market cap data before determining the ultimate weights for included assets. The averaging helps to reduce the impact of short-term price movements that could result in unnecessary churn during rebalancing periods.