Alongside Crypto

Market Index


Market Cap
The first fully backed on-chain broad-based crypto market index. Market exposure to a market-cap weighted basket of 25 assets, rebalanced monthly and reconstituted quarterly. Not available to US residents.
Fully Collateralized
AMKT is fully backed by its underlying assets, while being composable and redeemable. Reserves are independently verified by Chainlink's decentralized proof-of-reserve oracle network.
Liquid and Programmable
AMKT is issued as an ERC-20 token, making it composable with your favorite on-chain protocols and applications.
Governed by Holders
The index is governed by the AMKT DAO. Each AMKT token entitles holders to a vote towards building a truly neutral benchmark.

Truly diversified exposure

AMKT is the leader in enabling low-fee exposure to the entire crypto market.
AMKTBitwise 10DPI
Available on chain
Number of assets251010
Supported AssetsMulti ChainMulti ChainEthereum Only
Total Market Exposure
DeFi Only


Historical Performance
1 Day
1 Week
1 Month
All time


Documentation for contributors and developers.
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View real time information from AMKT Dashboards.
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DAO Governance
Participate in index governance.
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Answers to frequently asked questions about AMKT.

Actually, you could! But, by doing this manually, you would have to constantly track all 25 assets across different wallets, while incurring fees and taxes when frequently trading between them. With AMKT, all you have to do is hold the token.

Assets are securely held by Coinbase Custody, an institutional grade custodian. You can view the assets backing AMKT alongside a Chainlink Proof-of-reserve integration on the AMKT dashboard. Coinbase Custody holds insurance for digital assets held across their storage systems against losses from theft, including cybersecurity breaches.

By design, the index is meant to be passive. This means that AMKT closely represents the market, instead of someone's opinion. When decisions need to be made, AMKT is governed by a Decentralized Autonomous Organization (DAO) made of the holders of AMKT and its stewards. For example, the DAO can vote on asset inclusion changes, which are then implemented by governance stewards.

The index tracks the market by following its proportions. This means that if the marketcap of crypto is $1 trillion, and Bitcoin is 50% of that, then the index will be 50% Bitcoin, so on and so forth with the other assets in the index. Each month, the weights are changed to match the market. Each quarter, new assets are included and old ones removed to match the top 25.

The benefit of tokens is that they are composable. Decentralized Finance (DeFi) aims to create a financial ecosystem in which anyone can participate. Composability means that people can use AMKT across other protocols like lending, options, and other uses.

The index is rebalanced monthly and reconstituted quarterly. This means that each month, the proportions of the 25 assets are changed to match the current state of the market. Each quarter, growing assets are included and others removed to match the top 25.

Because the index is meant to track the market as a whole, specific components can't be changed manually by holders.

Because Bitcoin and Ethereum represent a large chunk of the market today! Each cycle, as crypto matures, Bitcoin and Ethereum dominance has trended down, leaving space for new assets to take market share, which will be represented in the index as well.

While the index may be less volatile than holding specific tokens, crypto as a whole remains an extremely volatile space. This means that the index will follow volatile movements of the market.

Crypto remains a novel and risky ecosystem. All risks and disclosures are outlined here.

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This website is for informational purposes only.

Products referenced on this website are not be available to persons who are located in, or residents of, incorporated or have a registered agent in, the United States and are subject to the risks associated with purchasing crypto assets, including cryptocurrencies and crypto tokens. Because crypto-assets are a new technological innovation with a limited history, they are a highly speculative asset. Future regulatory actions or policies may limit the ability to sell, exchange or use a crypto asset. The price of a crypto asset may be impacted by the transactions of a small number of holders of such crypto asset. Crypto assets may decline in popularity, acceptance or use, which may impact their price.

Carefully consider the risk factors, purchase objectives, fees, expenses, and other information associated with the Alongside Crypto Market Index before making a purchase decision regarding the Alongside Crypto Market Index token or any other related Alongside Network product (“Products”). All Products that are speculative in nature involve a high degree of risk and uncertainty. There is no guarantee that any token will grow in value.

For the Alongside Crypto Market Index token, which is an ERC-20 token available for purchase and sale through multiple channels, there can be no assurance that the value of the token will reflect the value of the Alongside Crypto Market Index net assets. Tokens of any Products may trade at a substantial premium over, or a substantial discount to, the value of the network’s net assets. While institutions may engage in arbitrage mechanisms to keep the price of the token closely linked to the value of the Network’s net assets, the price of the index token may deviate significantly from the performance of the Net Asset Value per token (“NAV”). There is no guarantee that any token will grow in value.

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Prospective users of any Product should very carefully consider such risks prior to making any purchase decision. Alongside Crypto Market Index tokens may always be redeemed for their underlying net assets by Authorized Merchants or users upon successful know-your-customer and AML verification by a third-party service provider. If you wish to become an Authorized Merchant, please contact institutional at