Linear Finance $LDEFI Rebalancing is Now Complete

Published on: 09.12.2021

Monthly Rebalancing of the ℓDEFI index.

For those not familiar with the rebalancing process it can be simplified into the following steps:

PieDAO provides Linear with the current month’s weightings in spreadsheet format → Linear provides its Oracle partners the spreadsheet → the Oracle partners provide Linear with the updated price data feed for ℓDEFI.

The table and pie chart below shows the resulting percentage allocations which were computed by adjusting the average market cap of all underlying’s over the past 30 days.

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About Linear Finance

Linear Finance is a cross-chain compatible, decentralized delta-one asset protocol that allows users to get synthetic exposure to various assets, including cryptocurrency, commodities, and market indices. Users can utilize our cross-chain swap functionality to instantly swap assets across leading blockchain environments and DeFi protocols with unlimited liquidity and zero slippage.

Market Stats:
BTC Dominance: 59%(+0.14%/24h)
ETH Dominance: 11.71%(+0.21%/24h)
Defi Market Cap: $105.68B(-5.54%/24h)
Total Market Cap: $3103.28B(+5.43%/24h)
Total Trading Volume 24h: $156.43B(-6.11%/24h)
ETH Market Cap: $363.49B
Defi to ETH Ratio: 29.07%
Defi Dominance: 3.31%
Altcoin Market Cap: $1272.35B
Altcoin Volume 24h: $78B
Total Cryptocurrencies: 36622
Active Cryptocurrencies: 9096
Active Market Pairs: 116161
Active Exchanges: 903
Total Exchanges: 11549
BTC: 91768.06$(0.38%/1H)
ETH: 3010.79$(0.3%/1H)
AVAX: 13.69$(0.27%/1H)
BNB: 881.87$(0.48%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.43$(0.25%/1H)
DOT: 2.26$(0.33%/1H)
UNI: 5.94$(-0.01%/1H)
CAKE: 2.39$(0.05%/1H)
SUSHI: 0.37$(0.02%/1H)
ONE: 0$(0.11%/1H)