Share this article
CryptoCompare, Blockdaemon Release Staking Yield Indexes
The Staking Yield Index Family will help investors create more informed investment strategies, according to the companies.
Updated Apr 10, 2024, 2:06 a.m. Published Sep 28, 2022, 4:08 p.m.
Make us preferred on Google
CryptoCompare, a data provider, unveiled a new group of staking yield indexes with blockchain infrastructure platform Blockdaemon.
The goal is to help investors develop more informed investment strategies, the companies said on Wednesday.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The Staking Yield Index Family will enable institutions to gain off-chain exposure to staking yield measures and annualized daily staking rewards on decentralized finance platforms, according to a press release.
The indexes will measure the annualized daily staking yield generated by a digital asset, allowing institutional investors to create return and yield swap products.
The index group will feature five individual gauges that capture the annualized daily staking yield of the top performing proof-of-stake (PoS) digital assets, according to the company: Solana, Avalanche, Cardano, Cosmos and Polkadot.
PoS blockchains stake their digital asset holdings to a validator node to secure and strengthen the blockchain network.
ETC Group, a European institutionally focused digital asset manager, was a key driver for the development of the launch and will be the first licensee, according to the press release.
More For You
KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.
What to know:
- KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
- This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
- Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
- Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
- Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.
More For You
Cathie Wood’s ARK Invest files for two crypto index ETFs tied to CoinDesk 20
One proposed fund will attempt to exactly mimic the CoinDesk 20, but the other would track the index, excluding bitcoin.
What to know:
- ARK Invest has filed with U.S. regulators to launch two cryptocurrency ETFs tracking the CoinDesk 20 index.
- One proposed fund would track the CoinDesk 20, which provides exposure to major tokens, including bitcoin, ether, solana, XRP, and cardano. The other would track the same index, but exclude bitcoin, by pairing long index futures with short bitcoin futures.
- The funds, which would list on NYSE Arca if approved, aim to offer diversified crypto exposure without direct token custody and follow similar, still-unapproved crypto index ETF proposals from WisdomTree and ProShares.
Top Stories
