BitMEX lists new altcoin and DeFi derivatives contracts based on basket indices
BitMEX, the popular crypto derivatives trading platform, today announced the launch of the BitMEX ALTMEX Basket Index (.BALTMEX) and the BitMEX DEFIMEX Basket Index (.BDEFIMEX), which track the performance of the top ten cryptocurrencies in the altcoin and DeFi markets, respectively.
With this launch, BitMEX has also introduced the ALTMEXUSD and DEFIMEXUSD Quanto Perpetual Swaps – derivatives contracts invented by BitMEX to gain exposure to these two sets of coins.
Cryptocurrencies represented in each basket are as follows:
The BitMEX ALTMEX Basket Index (.BALTMEX):
| Constituent | Index Multiplier | Market Cap Share |
| BNB | 0.07078653 | 20.00% |
| ADA | 14.89815288 | 20.00% |
| DOGE | 65.55702677 | 15.01% |
| XRP | 23.21700023 | 14.87% |
| DOT | 0.48176854 | 7.10% |
| UNI | 0.29550574 | 5.68% |
| BCH | 0.00940295 | 4.61% |
| LTC | 0.03359651 | 4.48% |
| SOL | 0.13713494 | 4.36% |
| LINK | 0.2198593 | 3.89% |
The BitMEX DEFIMEX Basket Index (.BDEFIMEX):
| Constituent | Index Multiplier | Market Cap Share |
| UNI | 0.9859852 | 20.00% |
| LINK | 1.07263338 | 20.00% |
| AAVE | 0.04467642 | 12.13% |
| MKR | 0.00340582 | 9.40% |
| LUNA | 1.45538761 | 8.39% |
| COMP | 0.01853168 | 8.11% |
| AVAX | 0.59972503 | 7.26% |
| GRT | 10.07942781 | 7.18% |
| YFI | 0.00010012 | 4.14% |
| SUSHI | 0.44255636 | 3.39% |
Trading started at 04:00 UTC on July 20th, 2021.
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