Index Coop

Index Coop is a decentralized autonomous organization (DAO) focused on creating and maintaining automated, onchain structured products in decentralized finance (DeFi). Founded in 2020 by Set Labs, it empowers users to gain exposure to crypto assets through innovative leverage and yield strategies without manual management. The platform offers products such as leverage tokens and Smart Loops, which automate complex strategies like looping to amplify returns while embedding risk controls. These products provide users with simplified access to leveraged positions and yield farming, reducing the need for active management and lowering costs compared to traditional perpetual futures.

The core of Index Coop’s offering is its leverage tokens, which provide 3x exposure to assets like Bitcoin and Ethereum using DeFi lending markets rather than perpetual futures funding rates. This approach results in significantly lower financing costs and improved capital efficiency. Smart Loops extend this concept by enabling up to 15x leverage on real yield strategies with automated safeguards to protect users from liquidation. All contracts are open source, have undergone multiple security audits, and benefit from an active bug bounty program, ensuring a secure environment for users.

Governance is decentralized through the INDEX token, an ERC-20 token that allows holders to vote on proposals affecting product development, treasury management, and protocol upgrades. The DAO structure encourages community participation and transparency. With over 10,000 users and more than $41 million in exposure, Index Coop has processed over $250 billion in total volume of rebalances without liquidations for nearly three years. Developers and product teams can integrate or build on Index Coop’s protocol by leveraging its open-source smart contracts and comprehensive documentation. Getting started involves connecting wallets to the trading app, exploring product details, and participating in governance via the INDEX token.