CoinDesk Indices (CDI) presents its bi-weekly market update, highlighting the performance of leaders and laggards in the benchmark CoinDesk 20 Index (CD20) and the broad CoinDesk Market Index (CMI).

Uniswap (UNI) led the CoinDesk 20 this past week. its 6.8% advance bringing the token above $11, up from just $7 one month ago.

With a 4.1% gain, Ripple ((XRP) was the only other asset in the index to return positively.

Alternative layer 1s Internet Computer (ICP) and Near Protocol (NEAR) – ranked 15th and 16th by market cap, respectively – underperformed most this week with declines of almost 20%

CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization.

CoinDesk 20

Tracy Stephens

Tracy Stephens is Senior Index Manager at CoinDesk Indices, where she works to maintain the high standards of robustness and rigor of systematic trading found in traditional finance in index and data products. Before transitioning into crypto, she built systematic macro-trading strategies as a quantitative researcher at Alliance Bernstein, one of the largest asset managers in the U.S., and at Citibank. Tracy holds a Bachelor's degree in Math from Barnard College and a Master's degree in Data Science from the University of California, Berkeley.