In the fast-paced world of cryptocurrency, where volatility is the name of the game, smart investors often turn to diversified strategies to smooth out the ride. A recent tweet from Thomas Mattimore (@mattimost) shines a light on this approach, showcasing the performance of various Decentralized Token Folios (DTFs) on the Reserve Protocol. These DTFs are essentially on-chain versions of exchange-traded funds (ETFs)—baskets of crypto assets bundled into a single token that anyone can create, mint, or redeem without intermediaries. It's a permissionless way to build and trade indexed portfolios right on the blockchain.
Mattimore, building in the Reserve ecosystem, called out the "boring" yet reliable $BED index from @SteakhouseFi. This one mixes Bitcoin (BTC), Ethereum (ETH), and USD, using a dollar-cost averaging (DCA) strategy—meaning it buys in at regular intervals to average out costs over time. Despite its straightforward setup, $BED climbed 15% in the past week. Even more exciting is the Alpha Base Index ($ABX) by @Altcoinist_com, which jumped an impressive 26%.
The tweet included a snapshot of top DTFs and their recent performance, highlighting how sectors like memes and DeFi are driving gains. For meme token fans, this is particularly intriguing, as several indices incorporate memes and are outperforming the pack. Here's a breakdown of the data in table form for easy reference:
Name | Backing | Tags | Performance (Last 7 Days) | Market Cap |
---|---|---|---|---|
Alpha Base Index $ABX | AI, RWA, DeFi, Memes | +25.97% | $742,695 | |
Large Cap DeFi Index $mDeFi | DeFi | +24.73% | $140,356 | |
Imagine The SMEL $SMEL | DeFi, Stablecoins, LST | +23.37% | $151,048 | |
Cross-chain Index $SCCI | DeFi | +18.74% | $568 | |
Club Night DTF $CLUB | None | +22.01% | $113,132 | |
Virtuals Index $VTF | AI, Ecosystem, Memes | +21.57% | $108,227 | |
CoinDesk DeFi Select Index $SDFX | DeFi | +21.99% | $171,357 | |
Open Stablecoin Index $OPEN | Stablecoins, DeFi, Majors, Ecosystem | -20.90% | $886,067 | |
Based Capital Index $BCI | Memes, AI, Bitcoin, SocialFi | +18.98% | $284 | |
Clanker Index $SCLX | Memes, SocialFi | +17.18% | $790,131 | |
Neo Tokyo Gaming Revolution Index $SGR | GameFi, Metaverse, Ecosystem | +16.19% | $1,269 | |
DeFi Growth Index $DGI | DeFi | +16.47% | $283,561 | |
MarketVector Token Terminal Fundamental Index $MVTTIOF | Majors, L1, DeFi, Bitcoin | +16.17% | $839,748 | |
Bloomberg Galaxy Crypto Index $SBGCI | Majors, Bitcoin, L1 | +15.77% | $1,133,377 | |
RWA Index $mRWA | RWA | +15.46% | $168,510 | |
BTC ETH DCA Index $SBED | Majors, Bitcoin, DeFi, Stablecoins | +15.71% | $329,768 |
What stands out for meme enthusiasts? Indices blending in meme tokens are holding their own and then some. Take $ABX, tagged with memes alongside AI, RWA (Real World Assets), and DeFi—it's topping the chart at +25.97%. The Virtuals Index ($VTF), focusing on AI, ecosystems, and memes, isn't far behind at +21.57%. Based Capital Index ($BCI) mixes memes with AI, Bitcoin, and SocialFi for a solid +18.98%, while Clanker Index ($SCLX) zeroes in on memes and SocialFi, up +17.18%.
This performance underscores a key point: meme tokens, often dismissed as hype-driven, can add real alpha (outperformance) when bundled into diversified indices. They capture cultural trends and community energy that traditional assets might miss, especially in a market rebound.
The conversation didn't stop there. In replies, @Altcoinist_com saluted the shoutout, and @alphabaseindex quipped, "you can just index things." Co-founder @KonstantinSebeo doubled down, noting $ABX's whopping +106% gain over the last 30 days, with Base chain and altcoins "just heating up."
If you're a blockchain practitioner eyeing meme tokens without the stress of picking individual winners, these DTFs on Reserve Protocol offer a relaxed entry point. Diversify, chill, and let the indices do the heavy lifting—as Mattimore puts it, it's a proven way to catch the upside.
For the full thread and more context, check out the original tweet here. Interested in creating your own DTF? Head over to Reserve Protocol to get started. Stay tuned to Meme Insider for more updates on how memes are shaping the crypto landscape.