Available Markets

Perpetual futures on the most widely followed crypto indices.

Live Markets

Market	Index	Description	Use Case
TOTAL2-PERP	Market Cap	Total crypto excluding BTC	Altcoin market direction
BTC.D-PERP	Dominance	Bitcoin's % of total market cap	BTC vs altcoin rotation
OTHERS-PERP	Market Cap	Total crypto excluding BTC & ETH	Mid/small-cap exposure

All markets trade 24/7/365.

Market Details

TOTAL2-PERP

Tracks aggregate market capitalization of all cryptocurrencies except Bitcoin.

TOTAL2 = Σ (Price × Circulating Supply) for top assets, excluding BTC

Trade thesis: Bullish altcoins → Long. Bearish altcoins → Short.

BTC.D-PERP

Tracks Bitcoin's percentage share of total crypto market cap (0-100%).

BTC.D = BTC Market Cap / TOTAL Market Cap × 100

Trade thesis: Bitcoin outperformance → Long. Alt season → Short.

OTHERS-PERP

Tracks aggregate market cap excluding both BTC and ETH.

OTHERS = Σ (Price × Circulating Supply) for top assets, excluding BTC and ETH

Trade thesis: Small-cap rally → Long. Flight to majors → Short.

Roadmap

Future markets under consideration:

Category	Examples
Sector indices	DeFi, L1s, L2s, AI, Gaming
Dominance	ETH.D
Volatility	Crypto VIX equivalent

New markets require sufficient trader demand, hedgeability for market makers, and reliable data sources.

→ Contract Specifications | Market Parameters