CoinDesk 20 Index rises 0.4% as AAVE surges 8.9%

Editorial illustration for: CoinDesk 20 Index edges higher as AAVE leads with 8.9% gain

In brief

  • AAVE surged 8.9%, the CoinDesk 20 Index's top performer
  • SOL gained 4.5%, joining AAVE as a leading mover
  • CoinDesk 20 Index trading at 1595.41, up 0.4% Thursday
  • NEAR and ETH declined 2.5% and 1.1% respectively
  • Index is a broad-based benchmark traded globally

Index movers

AAVE gained 8.9%, marking the strongest performance in the index. SOL climbed 4.5%, joining AAVE as a top performer.

On the downside, NEAR declined 2.5% and ETH fell 1.1%, marking the day's laggards in the benchmark.

Market snapshot

The index moved modestly higher despite the divergence in individual token performance. The CoinDesk 20 was trading at 1595.41, up 0.4% (or 5.99 points) since 4 p.m. ET on Thursday. The mixed performance reflects the selective nature of today's trading, with DeFi tokens like AAVE outpacing layer-1 protocols.