CoinDesk Smart Contract Platform Index (SMT)
Overview
24H return
Historical Rates & Volumes
Constituent Weights
Ethereum: 68%
Solana: 12%
Cardano: 3%
Avalanche: 2%
Polkadot: 2%
Others: 13%
The CoinDesk Smart Contract Platform Index (SMT) is designed to measure the market capitalization weighted performance of smart contract platform protocols included in the Digital Asset Classification Standard (DACS). Inclusion of a digital asset in SMT is subject to minimum trading and exchange eligibility requirements.
The Index is based on DACS. To be eligible for the index, constituents of the index must be included in DACS and assigned to the Smart Contract Platform Sector. For more information on DACS, including sector definitions, please refer to the DACS page.
The CMI family of indices functions as a benchmark for digital asset allocation models that guide investor decisions on how much to invest in each asset class. It delivers institutional quality intelligence to investors who can use them to develop strategies against market fluctuations and capture untapped opportunities in the investable digital asset market.
For updated information on our index announcements, methodologies, index policies, index catalogues, reconstitution calendars and consultations, please visit our Governance page.
Index Constituents
CoinDesk Smart Contract Platform Index (SMT)
55 Constituents Total
Symbol
Name
DACS Sector
DACS Industry Group
DACS Industry
Weight
ETH
Ethereum
Smart Contract Platform
Layer 1
Layer 1
67.83%
SOL
Solana
Smart Contract Platform
Layer 1
Layer 1
12.30%
ADA
Cardano
Smart Contract Platform
Layer 1
Layer 1
2.96%
AVAX
Avalanche
Smart Contract Platform
Layer 1
Layer 1
2.40%
DOT
Polkadot
Smart Contract Platform
Layer 0
Layer 0
1.82%
NEAR
NEAR Protocol
Smart Contract Platform
Layer 1
Layer 1
1.39%
MATIC
Polygon
Smart Contract Platform
Layer 2
Sidechains
1.27%
ICP
Internet Computer
Smart Contract Platform
Layer 1
Layer 1
1.03%
HBAR
Hedera
Smart Contract Platform
Layer 1
Layer 1
0.74%
ETC
Ethereum Classic
Smart Contract Platform
Layer 1
Layer 1
0.74%
APT
Aptos
Smart Contract Platform
Layer 1
Layer 1
0.68%
ATOM
Cosmos
Smart Contract Platform
Layer 0
Layer 0
0.63%
STX
Stacks
Smart Contract Platform
Layer 1
Layer 1
0.55%
OP
Optimism
Smart Contract Platform
Layer 2
Rollups
0.50%
ARB
Arbitrum
Smart Contract Platform
Layer 2
Rollups
0.50%
INJ
Injective
Smart Contract Platform
Layer 1
Layer 1
0.42%
FTM
Fantom
Smart Contract Platform
Layer 1
Layer 1
0.38%
TIA
Celestia
Smart Contract Platform
Layer 1
Layer 1
0.31%
ALGO
Algorand
Smart Contract Platform
Layer 1
Layer 1
0.28%
SEI
Sei
Smart Contract Platform
Layer 1
Layer 1
0.26%
SUI
Sui
Smart Contract Platform
Layer 1
Layer 1
0.25%
FLOW
Flow
Smart Contract Platform
Layer 1
Layer 1
0.24%
FLR
Flare
Smart Contract Platform
Layer 1
Layer 1
0.20%
EGLD
MultiversX
Smart Contract Platform
Layer 1
Layer 1
0.20%
STRK
Strike
Smart Contract Platform
Layer 2
Rollups
0.17%
XTZ
Tezos
Smart Contract Platform
Layer 1
Layer 1
0.17%
EOS
EOS
Smart Contract Platform
Layer 1
Layer 1
0.17%
KAVA
Kava
Smart Contract Platform
Layer 1
Layer 1
0.13%
AXL
Axelar
Smart Contract Platform
Layer 0
Layer 0
0.12%
LUNC
Terra Luna Classic
Smart Contract Platform
Layer 1
Layer 1
0.12%
ASTR
Astar
Smart Contract Platform
Layer 1
Layer 1
0.10%
LUNA
Terra
Smart Contract Platform
Layer 1
Layer 1
0.08%
DYM
Dymension
Smart Contract Platform
Layer 0
Layer 0
0.08%
ZETA
ZetaChain
Smart Contract Platform
Layer 1
Layer 1
0.08%
SKL
SKALE
Smart Contract Platform
Layer 2
Sidechains
0.07%
QTUM
Qtum
Smart Contract Platform
Layer 1
Layer 1
0.07%
ETHW
EthereumPoW
Smart Contract Platform
Layer 1
Layer 1
0.07%
CSPR
Casper
Smart Contract Platform
Layer 1
Layer 1
0.06%
LRC
Loopring
Smart Contract Platform
Layer 2
Rollups
0.06%
METIS
Metis
Smart Contract Platform
Layer 2
Rollups
0.06%
BICO
Biconomy
Smart Contract Platform
Layer 0
Layer 0
0.06%
WAVES
Waves
Smart Contract Platform
Layer 1
Layer 1
0.05%
LSK
Lisk
Smart Contract Platform
Layer 0
Layer 0
0.05%
KSM
Kusama
Smart Contract Platform
Layer 0
Layer 0
0.05%
GLMR
Moonbeam
Smart Contract Platform
Layer 1
Layer 1
0.05%
CHR
Chromia
Smart Contract Platform
Layer 1
Layer 1
0.04%
ICX
ICON
Smart Contract Platform
Layer 0
Layer 0
0.04%
POND
Marlin
Smart Contract Platform
Layer 0
Layer 0
0.03%
CTSI
Cartesi
Smart Contract Platform
Layer 2
Rollups
0.03%
MOVR
Moonriver
Smart Contract Platform
Layer 1
Layer 1
0.03%
BOBA
Boba Network
Smart Contract Platform
Layer 2
Rollups
0.02%
ACA
Acala Token
Smart Contract Platform
Layer 1
Layer 1
0.02%
AURORA
Aurora
Smart Contract Platform
Layer 2
Sidechains
0.02%
OMG
OMG Network
Smart Contract Platform
Layer 2
Sidechains
0.02%
AERGO
Aergo
Smart Contract Platform
Layer 0
Layer 0
0.01%
Data as of May 12, 2024
Get the data • Created with DatawrapperWhat is DeFi?
Decentralized finance (DeFi) is an emerging financial technology utilizing the secure distributed ledgers of the blockchain.
What it does: DeFi circumvents the fees and barriers that traditional financial institutions implement for using their services, providing users self-sovereignty and direct access.
Why it matters: DeFi holds the potential to bring about an egalitarian financial system, as anyone with an internet connection can leverage DeFi services.
Use cases: DeFi platforms focus primarily on providing borrowing, lending, staking and exchange services, whereby participants can deposit funds as collateral via decentralized smart contracts. As such, one of the key aspects of DeFi is total value locked (TVL). TVL is the total value of all assets deposited, or staked, in a decentralized finance protocol that generate economic activity.
Documentation
CoinDesk Reference Rate Methodology
CoinDesk Market Index Methodology
CoinDesk Digital Asset Indices Policy Methodology
DACS Methodology
Usage and licensing
If you require access to real time or historic data for this index to power a product or service or are interested in licensing the index for the creation of a financial product, investment fund or derivative instrument please contact licensing@coindesk-indices.com