The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Over the last three months, since the last rebalancing, the DeFi Pulse Index gained +45%, beating Ethereum’s 30%, with all index constituents up. Year to date, in 2024, the… Read More »January 2024 Rebalance DeFi Pulse
We present a short performance review of the DeFi Pulse Index, the leading benchmark of Ethereum DeFi protocols. Overall 2023 was a strong year for the DeFi sector. The DeFi Pulse Index gained 82%, beating the TradFi sector’s meager 12% (as measured by the Financial Select Sector SPDR ETF). After several component changes, most importantly… Read More »DeFi Pulse Index 2023 Performance Review
The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space.Over the last three months, since the last rebalancing, the DeFi Pulse Index lost 15%. Year to date through October, the DeFi Pulse Index returned +23% led by Maker (+167%),… Read More »October 2023 Rebalance DeFi Pulse Index
Scalara announces the results of the July 2023 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Over the last three months, since the last rebalancing, the DeFi Pulse Index gained 10%.… Read More »July 2023 Rebalance DeFi Pulse Index
Scalara announces the results of the April 2023 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Since its January rebalance three months ago, the DeFi Pulse Index is down 6%. Year… Read More »April 2023 Rebalance DeFi Pulse Index
Scalara announces the results of the January 2023 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Over the last three months, since the last rebalancing, the DeFi Pulse Index returned 92%.… Read More »January 2023 Rebalance DeFi Pulse Index
Finding anything positive in last year’s performance is a challenging task. We still give it a try. 2022 was a bad year for DeFi digital assets risk assets almost all asset classes. Record high inflation added further headwind to real returns. The DeFi Pulse Index, Scalara’s benchmark for the DeFi sector was no exception. The… Read More »DeFi Pulse Index 2022 in Review
Scalara announces the results of the October 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Over the last three months the DeFi Pulse Index returned -20%. On a shorter time… Read More »October 2022 Rebalance DeFi Pulse Index
Index providers have rules for every possible capital markets event to accurately represent the underlying economic reality. But how would a TradFi basket index handle a fork? A group of developers and miners plan to fork the Ethereum blockchain after the Merge. This new chain would continue to run a proof of work (PoW) algorithm… Read More »The index provider’s view on forks
Scalara will end maintenance and publication of the Passive Omnichain Net Yield (PONY) Index. Note: Scalara does not control any token implementations of its indices. The token contract tracking the index and any bridged versions are created in a completely permissionless fashion. If you have any related questions, please reach out. Scalara, a subsidiary of… Read More »Scalara to cease support of PONY Index
Leverage is a powerful tool to amplify the gains (and losses) of a strategy – in this article we explain how it works. In finance, leverage refers to the concept of borrowing funds to buy assets and thereby have more exposure than the original funds would allow. Of course, the risk of insolvency is amplified… Read More »A Practical Guide to (Flexible) Leverage
Scalara announces a change to the composition of the DeFi Pulse Index as a result of the impending wind-down of Tribe DAO. On August 26, 2022, TRIBE will be removed from the index. Background On August 19, Fei Labs proposed the shut-down of the Tribe DAO and a redemption program of its TRIBE governance token.… Read More »DeFi Pulse Index Update: Extraordinary Removal of TRIBE
Here at Scalara, we leverage our traditional finance expertise and crypto-native know-how to deliver some of the most innovative index products in the DeFi space. We’ve developed each index with the investor in mind, and each one addresses a unique need.
Scalara announces the results of the July 2022 rebalance of the Passive Omnichain Net Yield (PONY) Index. This is the first rebalancing of the PONY Index after its inception in the beginning of July. PONY Index is implemented as a single token by Pony Finance. The index is a basket of auto-compounding stablecoin vaults from… Read More »July 2022 Rebalance PONY Index
Scalara announces the results of the July 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Over the last three months the DeFi Pulse Index returned -28% beating Ethereum’s -40%. DeFi… Read More »July 2022 Rebalance DeFi Pulse Index
Decentralized Finance, or short: DeFi, is slowly expanding its reach into the mainstream (financial) world – time to learn what it is. In order to understand DeFi it is best to start with an overview of “TradFi” — a term often used to refer to the regular financial services sector. Afterward, we will look at… Read More »From TradFi to DeFi
PONY Index simplifies the tedious task of finding attractive yield opportunities for stablecoins all around the blockchain world. In this article we show how the Net Asset Value (NAV) of PONY, the token implementation by PONY Finance that tracks PONY Index can be calculated. The NAV of an index token is an important metric for both… Read More »PONY Index: How to calculate its Net Asset Value
Find out how the PONY Index methodology screens the vast universe of yield opportunities in DeFi to find its constituents. The PONY Index is a passive strategy that simplifies the tedious task of finding and earning stablecoin yields across the blockchain universe. The index is maintained by Scalara, the methodologist and index provider of DeFi… Read More »PONY Index: A methodology deep dive
Scalara will end maintenance and publication of the Scalara NFT Index after June 30, 2022. Note: Scalara does not control any token implementations of its indices. The token contract tracking the index and any bridged versions are created in a completely permissionless fashion. If you have any related questions, please reach out. Scalara, a subsidiary… Read More »Scalara to wind down support of Scalara NFT Index
Learn about how Scalara curates the DeFi Pulse Index through its methodology and the rationale for each rule. The DeFi Pulse Index is a benchmark that offers exposure to the Decentralized Finance (DeFi) sector. The index is maintained by Scalara, the methodologist and index provider. It is implemented as a single token, DPI, by the… Read More »DeFi Pulse Index: A methodology deep dive
Learn how Scalara utilizes the Polygon ecosystem to build more accessible indices with better methodologies. Starting in the fall of 2021, many protocols had to deal with the same problem: Ethereum Mainnet gas prices were soaring. This was throwing a wrench into old and new projects alike. The economic viability of many projects was in… Read More »Scalara indices on Polygon
Find out how the PONY Index collects high quality stablecoin yields from different blockchains, farming platforms, and stablecoins. In contrast to traditional finance, there are plenty of attractive yield opportunities available in DeFi. This is not only the case for volatile assets but also for tokens with very small price swings such as stablecoins. Investors… Read More »What is the PONY stablecoin yield index?
Scalara announces a change to the methodology of the DeFi Pulse Index to be effective starting with the May 2022 rebalancing. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Scalara has decided to change the ongoing maintenance… Read More »Methodology change DeFi Pulse Index: Rebalancing Frequency
Learn how the Scalara NFT Index makes highly-valued NFT collections accessible to everyone. Non-fungible tokens, in short NFTs, have become a major success story as an application of blockchain technology. It applies this innovative technology to the world of art, culture and social media. NFTs have taken over the crypto community by storm and are… Read More »What is the Scalara NFT Index NFTI?
Scalara announces the results of the April 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. In April the DeFi Pulse Index returned -29.4%. DeFi Pulse Index rebalance weights Rebalance summary… Read More »April 2022 Rebalance DeFi Pulse Index
Scalara announces a change to the composition of the DeFi Pulse Index. The change is a result of the RGT-TRIBE merger. On April 8, 2022, 26.70567 units of TRIBE will replace each unit of RGT in the DeFi Pulse Index. The merger follows community proposals and votes in December 2021. Measures to combine the two… Read More »DeFi Pulse Index Update: RGT-TRIBE Merger
Scalara announces the results of the March 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. In March (as of March 29) the DeFi Pulse Index returned +36.2%. DeFi Pulse Index… Read More »March 2022 Rebalance DeFi Pulse Index
The BTC Flexible Leverage Indices (FLIs) launch completes the index suite of leverage indices on Polygon that track the three most liquid tokens on the Polygon blockchain. The Index Coop launched the first Polygon-native token in December 2021 that implements the FLI methodology developed by Pulse.inc – now known as Scalara. Shortly after, in February 2022, tokens tracking… Read More »Launch of Bitcoin FLIs on Polygon
The Scalara NFT Index NFTI is an index that provides diversified exposure to blue-chip NFT collections by holding NFTX tokens. In this article we show how the Net Asset Value (NAV) of the Scalara NFT Index can be determined. If the components of an index are not available on an exchange, calculating its NAV may… Read More »Scalara NFT Index: How to calculate its Net Asset Value
Scalara announces the results of the February 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. DeFi Pulse Index rebalance weights Rebalance summary The above index weight factors and weights were calculated using prices and circulating… Read More »February 2022 Rebalance DeFi Pulse Index
After launching both the 2x and inverse Flexible Leverage Indices (FLIs) tracking MATIC earlier this week, Scalara now launches the Inverse ETH FLI on Polygon. The Inverse ETH Flexible Leverage Index, or short iETH-FLI-P, is an index that implements a collateralized debt position to replicate -1x the return of ETH. Its launch completes the ETH FLI suite… Read More »Launching Inverse ETH FLI
Scalara’s Flexible Leverage Index (FLI) methodology for the first time powers an inverse version – implemented by Index Coop on Polygon. The Index Coop launched the first Polygon-native token that implements the FLI methodology in December 2021. The index was well accepted by its target audience: traders that bet on short term price movement and liquidity providers… Read More »Introducing Inverse FLIs and MATIC2x
Scalara is proud to announce the launch of the Scalara NFT Index, a floor market cap weighted, yield enhanced index that tracks the performance of some of the most well-known and highly-valued NFT collections. The index provides diversified exposure to a rising new asset class at the intersection of art, culture, and blockchain technology. NFTs are non-fungible… Read More »Introducing the Scalara NFT Index
Pulse.inc announces the results of the January 2022 rebalance of the DeFi Pulse Index. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. DeFi Pulse Index rebalance weights Rebalance summary The above index weightfactors and weights were calculated using prices and circulating supplies… Read More »January 2022 Rebalance: DeFi Pulse Index
January 18, 2022 – Pulse.inc announces a change to the methodology of the DeFi Pulse Index to be effective starting with the January 2022 rebalancing. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Pulse.inc has decided to change the weighting rules… Read More »Methodology change DeFi Pulse Index: Introduction of Minimum Weight Requirement
Learn how index investment strategies crossover into decentralized finance, reduce risk, and provide exposure to a diverse portfolio of digital assets. Given DeFi’s steady pursuit of replicating and improving financial services and products within a decentralized permissionless framework, it was only a matter of time until one of the biggest success stories in traditional finance of the… Read More »Why invest in an index?
2021 turned out to be a great year for the DeFi space. Total Value Locked (TVL) as measured by DeFi Pulse nearly quadrupled, crossing the $100bn mark several times during the year. Since its founding, the mission of DeFi Pulse has been to make DeFi accessible to everyone and provide an objective and fair view of the space. Pulse.inc is DeFi… Read More »2021: DeFi Pulse’s Year in Indices
Pulse.inc announces a change to the methodology of the DeFi Pulse Index to be effective at the December 2021 rebalancing. The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space. Pulse.inc updates the capping rule that is part of the weighting scheme… Read More »Methodology change DeFi Pulse Index: Introduction of Flexible Capping
After the tremendous success on Ethereum’s Mainnet, Pulse.inc’s Flexible Leverage Index (FLI) methodology was launched for the first time on Polygon by the Index Coop. Flexible Leverage Indices implement a collateralized debt position in a safe and efficient way to achieve leveraged returns and, by abstracting its management into a simple index, make it investable as a single… Read More »FLIs are coming to Polygon
