MajorFive Blockchain Index

Rate

At this moment, the price of MajorFive Blockchain Index is —. The 24-hour trading volume is —. Over the past 24 hours, the price of MajorFive Blockchain Index has changed from — to —. The daily high reached — over the past 24 hours, while the daily low was —.

History

Index products let a position be taken on a sector as a whole, which spreads the risk that any one asset in the basket disappoints.

Technology

The quoted level reflects the combined value of the constituents rather than a price per unit, which is why the number is much larger than a single coin’s price.

Use cases

It suits taking a directional view on the crypto market as a whole without picking individual assets. Check the current constituents and weights in the app before trading it.

Forecast

Walbi does not publish price targets. What can be said is what moves this instrument: it suits taking a directional view on the crypto market as a whole without picking individual assets. Check the current constituents and weights in the app before trading it. It trades here as a USD-settled perpetual contract, so a position carries no ownership of the underlying and funding is exchanged between long and short holders for as long as it stays open.