Crypto index comparison, tier 4

CIX100 Alternative: CCi30 vs CIX100

The CCi30 Cryptocurrency Index is the rules-based alternative to the CIX100. This page reviews the CIX100 (Cryptoindex.com) under the eight-criterion CCi30 test and compares both indices on universe, weighting, independence, track record, and investability.

What is the alternative to the CIX100?

The CCi30 Cryptocurrency Index replaces the CIX100 for investors who need a whole-market benchmark. The CCi30 holds the 30 largest cryptocurrencies by smoothed market capitalization, weights them by the square root of that figure, excludes stablecoins by rule, and has published live values since 1 January 2015.

  • 30 constituents
  • Square-root weighting
  • Stablecoins excluded by rule
  • Live since 1 January 2015
  • Independent, fully rules-based

What is the CIX100?

Was: a Malta-registered, AI-driven index of 100 assets selected and weighted by a proprietary neural network (“Zorax”) claiming to analyze 200+ factors including social media and GitHub activity, wrapped in an ERC-20 utility token, distributed via Nasdaq, Bloomberg, and Reuters tickers. Now: inactive, no trading activity, website gone.

Where the CIX100 falls short statistically

CIX100 is the perfect cautionary specimen, because it violated every criterion simultaneously and enjoyed every superficial credential anyway. A black-box neural network is the categorical opposite of a rules-based methodology: unverifiable, unfalsifiable, unreplicable, an index whose composition cannot be predicted from public rules is an actively managed fund with extra steps. Weighting inputs included social-media sentiment (capital-free opinion) and code-repository activity (developer noise). The token wrapper reproduced the Crypto20 collapse of instrument into benchmark. And the distribution on Nasdaq and Bloomberg terminals, credentials many allocators mistake for diligence, did nothing to prevent the project’s death.

Method and sources

Methodology facts on this page come from the published documents of the provider; constituent lists change and should be re-verified before citation. The CCi30 rules are published in the methodology manual. The full comparison set is on the crypto index comparison hub, and the allocation calculator shows the CCi30 basket for any amount.