Post #11589

Nansen introduces tokenized L1 index - NX8 NX8 is a tokenized Layer 1 index product issued and operated by OpenDelta. It tracks eight major Layer 1 blockchains. The initial composition includes: Bitcoin, Ethereum, Solana, BNB Chain, TRON, Hyperliquid, Avalanche & Sui. NX8 follows a rules-based methodology defined by GMCI. Constituents are weighted by market capitalization capped at 20%, rebalanced every quarter, and the index is reviewed every six months to reflect changes in market structure. NX8 is issued using LayerZero’s Omnichain Fungible Token (OFT) standard, making it natively multichain compatible. 🔗nansen.ai/post/nx8-a-tokenized-layer-1-index-built-for-the-future-of-finance @TOP7ICO