$Index Coop May 2025 Update 🦉

TVL: $44.25M (+$7.24M MoM)
Net $ Flow: -$4.4M
Runway: 18 months (+3 MoM)

Highlights
• Trade of the Month hit all-time high participation & gains
• New https://t.co/ip81TSpMFy site launched
• $INDEX burn proposal posted (IIP-193)
• Dune dashboards updated with token flows
• Smart Loop adoption continues to grow

Focus for June
• Launch leveraged XRP tokens
• Research gold and stablecoin Smart Loop products
• Optimize new site UX and track performance
• Launch MetaMask placement test for wstETH15x
• Engage community on $INDEX burn proposal