Digital Assets Index
KIRIFUDA Digital Assets Index Series
The KIRIFUDA Digital Assets Index Series is a family of indices consisting of the Total Index (KFI), which represents the overall crypto asset market, and sector indices that classify assets by business domain and function. It visualizes theme-level capital rotation and relative strength across sectors that the overall market alone cannot capture.
The series is designed and calculated by Blockchain Intelligence Research (BCI) at Kirifuda Inc., a Tokyo-based technology company. Interactive charts, a sector map, and relative performance analysis are available on the Japanese version of this page.
Latest Index Values
As of Nov 3, 2026 (close). Index level is based at 1,000.
Code | Index | Level | 1D Change | Constituents |
|---|---|---|---|---|
| KFI | KIRIFUDA Digital Assets Total Index | 1,017.43 | +1.54% | 188 |
| KFI-L1 | KIRIFUDA Digital Assets L1 Index | 1,182.76 | +0.80% | 38 |
| KFI-Scaling | KIRIFUDA Digital Assets Scaling Index | 30.98 | +3.23% | 23 |
| KFI-DeFi | KIRIFUDA Digital Assets DeFi Index | 306.72 | +1.44% | 26 |
| KFI-Trading | KIRIFUDA Digital Assets Trading Index | 4,834.40 | +1.70% | 9 |
| KFI-Infrastructure | KIRIFUDA Digital Assets Infrastructure Index | 77.30 | +0.65% | 19 |
| KFI-AI | KIRIFUDA Digital Assets AI Index | 73.71 | +1.63% | 9 |
| KFI-Gaming | KIRIFUDA Digital Assets Gaming Index | 20.26 | +1.96% | 15 |
| KFI-NFT | KIRIFUDA Digital Assets NFT Index | 10.89 | +1.49% | 8 |
| KFI-Meme | KIRIFUDA Digital Assets Meme Index | 1,314.42 | +6.03% | 30 |
| KFI-Privacy | KIRIFUDA Digital Assets Privacy Index | 1,273.45 | +7.00% | 6 |
| KFI-Other | KIRIFUDA Digital Assets Others Index | 384.56 | -0.15% | 5 |
Methodology Overview
- Administrator
- Blockchain Intelligence Research (BCI), Kirifuda Inc.
- Universe
- 188 crypto assets listed as perpetual futures on Hyperliquid, classified into 11 sectors by Kirifuda's research team based on business domain and price behavior.
- Weighting
- Volume-weighted. Daily reference-price returns are averaged using each asset's share of 30-day average USD trading volume.
- Base level
- 1,000 as of Jan 1, 2024 (base date). Index levels are chained daily.
- Update frequency
- Daily. The index series is currently in a test calculation phase.
The full methodology is published in Japanese at kirifuda.io/bci/dashboard/onchain-finance-db/indices/methodology.
Frequently Asked Questions
A family of crypto asset indices calculated and published by Blockchain Intelligence Research (BCI) at Kirifuda Inc. It consists of the Total Index (KFI), 11 sector indices, and 29 sub-sector indices, updated daily.
An indicator that classifies crypto assets by business domain or function and tracks the price performance of each sector. It makes theme-level capital rotation and relative sector strength visible in a way the overall market alone cannot.
11 sectors: L1, Scaling, DeFi, Trading, Infrastructure, AI, Gaming, NFT, Meme, Privacy, and Others. The Others sector contains assets that do not fit other sectors, such as gold-pegged tokens and failed projects.
Daily reference-price returns of constituent assets are averaged using each asset's share of 30-day average USD trading volume, then chained daily from a base level of 1,000 on the base date.
The universe is crypto assets listed as perpetual futures on Hyperliquid. Kirifuda's research team classifies each asset into a sector based on both its business domain and its actual price behavior. Classifications are reviewed periodically.
Yes. Licensing for reports, articles, internal analysis, and data feeds is available. Please reach out via the contact form to discuss terms for your use case.
API delivery of index data is available on request. As the series is currently in a test calculation phase, delivery format and update frequency are arranged individually.
Yes. We support the design, calculation, and backtesting of custom indices based on your own classification framework or calculation logic.
Citation
Index values may be quoted in reports, articles, and social media with attribution. Please note that values are index levels based at 1,000 and state the reference date.
Example: Source: Kirifuda Inc., “KIRIFUDA Digital Assets Market Index” (as of Nov 3, 2026), https://kirifuda.io/bci/dashboard/onchain-finance-db/indices
For data licensing and commercial use, please contact us.