Index Coop January 2025 Update

🦉 MetaMask Deal Revealed

By Index Coop
Feb 24, 2025, 2:07 PM
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Photo by Index Coop

Index Coop reports strong growth in January 2025:

  • TVL increased by $9M to $92.​4M
  • Monthly Net Dollar Flow: +$10.​6M
  • 4-year runway maintained

Key Developments:

  • hyETH reallocation drove 205% TVL growth
  • Launched BTC leverage tokens on Base
  • Deployed wstETH15x Super Loop contracts
  • Enhanced Leverage Suite with PnL tracking
  • Secured MetaMask partnership for Leverage Suite visibility
  • Plans to transition icUSD to higher-yield hyUSDC

February Priorities:

  • Finalize MetaMask integration
  • Execute hyUSDC transition
  • Launch new SOL and SUI tokens
  • Market Base leverage products
  • Advance AI strategy development
Sources
Read more about Index Coop

Index Coop Reports $76.3M TVL Growth Despite Revenue Shortfall

Index Coop Reports $76.3M TVL Growth Despite Revenue Shortfall

**Index Coop's August Update Shows Mixed Results** The DeFi protocol reported **$76.3M in total value locked** (+$12.9M month-over-month) with positive net flows of $5.4M. **Financial Performance:** - Revenue: $147K vs Costs: $167K (operating at a loss) - Runway extended to **55 months** (up from 31 months in July) - Net flow improved from -$1.5M to +$5.4M **Key Developments:** - **SOL3x product saw 300% TVL growth** month-over-month - Allocation optimizer now managing millions in rebalances - Planning new leverage products for Mainnet & Arbitrum - Exploring DPI/MVI token sale to boost reserves **September Focus:** - Launch new leverage tokens - Advance APAC fund partnership - Explore INDEX incentives for leverage users While TVL growth is positive, the protocol continues operating at a loss despite improved cash flows.

Index Coop Leverage Suite Now Available on MetaMask

Index Coop has achieved significant expansion through integration with MetaMask, the leading cryptocurrency wallet. This development follows their recent partnership with Coin98 wallet. Key updates: - Integration brings Index Coop products to **millions of MetaMask users** - Users can now trade leveraged tokens directly through MetaMask - Features trading without liquidation risks - Implements ERC-20 leverage tokens for simplified trading This integration represents a major step in making DeFi trading more accessible to mainstream users. [Learn more about the integration](https://metamask.io/news/metamask-index-coop-defi-trading-simplified)

Index Coop Launches Leverage Suite on Base

Index Coop has expanded its Leverage Suite to the Base network, offering ETH2x and ETH3x products powered by Aave V3. This launch allows users to amplify their ETH exposure on the Base blockchain. Key points: - ETH2x and ETH3x products now available on Base - Powered by Aave V3 infrastructure - Enables increased ETH exposure for users This development follows the recent rebranding of Index Coop's leveraged tokens. The ETH2x-FLI and BTC2x-FLI tokens are now simply called ETH2x and BTC2x, built on modern Index Protocol and Aave v3 infrastructure. The expansion to Base network represents Index Coop's commitment to providing innovative DeFi products across multiple blockchains, enhancing accessibility for users seeking leveraged exposure to major cryptocurrencies.

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