CoinDesk 20 Performance Update: Index Slips 2.2% as Spot Ether ETFs Begin Trading

Declines of 5.6% in ICP and 5.2% in AVAX dragged the index down in overnight trading.

9am CoinDesk 20 Update for 2024-07-23 - laggards

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

The CoinDesk 20 is currently trading at 2299.72, down 2.2% (-51.54) since yesterday's close.

Four of 20 assets are trading higher.

Leaders: ETC (+4.1%) and MATIC (+1.5%).

9am CoinDesk 20 Update for 2024-07-23 - leaders

Laggards: ICP (-5.6%) and AVAX (-5.2%).

9am CoinDesk 20 Update for 2024-07-23 - laggards

The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

RealFi 169 Image

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.

Why it matters:

Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.