CFX10 Becomes Indonesia's First Crypto Asset Index

Indonesian Crypto Bourse PT Central Finansial X (CFX) has launched the country’s first crypto asset index, named CFX10. The index is expected to become a new benchmark for market participants to gauge the direction of the national crypto asset industry, which until now has lacked a representative indicator. CFX President Director Subani stated that the launch of CFX10 was carried out to meet the market’s need for an indicator capable of depicting crypto market conditions more comprehensively. Currently, thousands of crypto assets are recorded in the Digital Financial Asset List (DAKD) published by CFX, with highly varied price movements. “So, when talking about the crypto asset market, there hasn’t 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 consumers because it is built on a transparent methodology,” Subani said in a written statement on Tuesday (9/6/2026). The CFX10 measures the performance of the 10 largest crypto assets included in the DAKD. The determination of index constituents is based on several criteria, including the market capitalisation of the crypto asset. 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 qualify for the index. Assets must have a monthly trading volume above the average of all assets recorded in the DAKD over the last three months and be traded across a number of Digital Financial Asset Traders (PAKD) with a certain participation level. Furthermore, assets from stablecoin, wrapped asset, and staked asset categories are excluded from the index calculation. The final selection is based on the global market capitalisation ranking of assets that have met all these criteria. Subani stated that the launch of CFX10 represents a further step in strengthening transparency and the development of 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 on top of that foundation, CFX will continue to spur the birth of new product innovations and enhance the competitiveness of the national crypto asset industry. Going forward, we hope this index can become the embryo for the development of other innovative derivative products,” Subani said. Prior to launching the CFX10, CFX had introduced a number of industry supporting infrastructures, ranging from the provision of market data and the compilation of the DAKD to the periodic publication of crypto asset industry development data.