S&P Dow Jones Indices and Pantera Capital have introduced a digital asset benchmark built around revenue, usage, and economic activity.

S&P Dow Jones Indices and Pantera Capital launched the S&P Pantera Digital Asset Index, an 18-token benchmark screening for protocol revenue and excluding Bitcoin.

The S&P Pantera Digital Asset Index tracks 18 blockchain protocols based on revenue generation and utility, excluding Bitcoin and XRP.