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October 2023 Rebalance DeFi Pulse Index

Christoph - Nov 2, 2023 | 2 minutes read

The DeFi Pulse Index is a digital asset index designed to track the performance of some of the largest protocols in the Decentralized Finance (DeFi) space.
Over the last three months, since the last rebalancing, the DeFi Pulse Index lost 15%.

Data from Coingecko. October 31, 2023.

Year to date through October, the DeFi Pulse Index returned +23% led by Maker (+167%), Lido (+91%) and Synthetix (+60%).

Data from Coingecko. October 31, 2023.

DeFi Pulse Index rebalance weights

Rebalance summary

The above index weightfactors and weights were calculated using prices and circulating supplies as of October 12, 2023.

At the October 2023 index rebalance, previously started index changes were concluded: The phasing-in of Lido (LDO) and Rocket Pool (RPL) that was started in April and the removal of Loopring (LRC) due to decreased usage of its DeFi service were finished. In both cases low liquidity was the main reason to apply this stepwise approach. Therefore, the DeFi Pulse Index is now composed of 9 constituents.

As a result of the continued addition of LDO and RPL all other constituent weights decrease (except UNI due to its continued 25% capping). The total one-way turnover of the rebalancing was 8.2%.


Scalara is dedicated to creating and maintaining indices for a decentralized world.

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