CFX10 Becomes Indonesia's First Crypto Asset Index
The Indonesian crypto exchange, PT Central Finansial X (CFX), has launched Indonesia’s first crypto asset index, named CFX10. This index is expected to serve as a new benchmark for market participants to track the direction of the national crypto asset industry, which has previously lacked a representative indicator.
CFX President Director Subani stated that the launch of CFX10 aims to address market needs for an indicator capable of describing the crypto asset market conditions more comprehensively. Currently, thousands of crypto assets are listed in the Digital Financial Asset List (DAKD) published by CFX, each exhibiting different price movements.
“When discussing the crypto asset market, there has not been a single parameter that can represent the overall condition of the Indonesian crypto asset market. The presence of the CFX10 index can serve as a credible reference for crypto asset consumers because it is built on a transparent methodology,” said Subani in a written statement on Tuesday (9/6/2026).
CFX10 measures the performance of the ten largest crypto assets included in the DAKD. The determination of the index constituents is based on several criteria, one of which is the market capitalisation of the crypto assets.
The index calculation also refers to crypto asset trading data reported to CFX. To maintain accuracy and relevance to market conditions, the index composition will be evaluated every three months.
Currently, the CFX10 constituents consist of Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), XRP, Solana (SOL), Tron (TRX), Dogecoin (DOGE), Hyperliquid (HYPE), Bitcoin Cash (BCH), and Cardano (ADA).
CFX has established several requirements for crypto assets to be included in the index. Assets must have a monthly transaction volume above the average of all assets listed in the DAKD over the last three months and must be traded across several Digital Financial Asset Traders (PAKD) with a certain level of participation.
Furthermore, assets from the stablecoin, wrapped asset, and staked asset categories are excluded from the index calculation. The final selection is conducted based on the global market capitalisation ranking of assets that have met all the aforementioned criteria.
Subani noted that the launch of CFX10 is a further step in strengthening transparency and developing the national crypto asset industry, which is now under the supervision of the Financial Services Authority (OJK).
According to him, the presence of the index can help investors obtain a clearer picture of market conditions while serving as a foundation for the development of new products in the future.
“Data transparency is the foundation, and upon that foundation, CFX will continue to drive the birth of new product innovations and increase the competitiveness of the national crypto asset industry. Moving forward, we hope this index can serve as the precursor to the development of other innovative derivative products,” said Subani.
Prior to launching CFX10, CFX has provided several supporting infrastructures for the industry, ranging from the provision of market data and the compilation of the DAKD to the periodic publication of crypto asset industry development data.