NX8 tracks BTC, ETH, SOL, and other major blockchains, offering multichain access and DeFi yield as Nansen expands beyond analytics.
Nansen, the blockchain analytics firm, today launched NX8, a tokenized index product offering diversified exposure to eight major Layer-1 blockchains. The index includes BTC, ETH, SOL, BNB, TRON, HYPE, AVAX, and SUI.
Developed in partnership with OpenDelta, NX8 tracks leading blockchain networks powering crypto use cases from stablecoins and DeFi to real-world assets and derivatives. Nansen describes the included networks as “clear winners” in terms of usage, network effects, and long-term fundamentals.
The index is issued by OpenDelta and follows methodology provided by GMCI. Nansen’s analytics, based on over 500 million labeled addresses, inform the index construction and periodic rebalancing.
Custody is provided by regulated firms including Anchorage and Hex Trust, with real-time asset verification powered by Accountable.
NX8 launches on Solana using LayerZero’s Omnichain Fungible Token standard for multichain compatibility. The index is tradable on Orca and accessible via aggregators including Jupiter, Kamino Swap, and Dflow.
OpenDelta co-founder Nick Schteringard said NX8 reflects the emergence of dominant Layer-1s: “We believe the networks featured in NX8 will continue to gain market share over time, supported by Lindy and strong network effects.”
NX8 is the first product under Nansen’s newly announced Joint Venture Protocol, aimed at accelerating tokenized financial infrastructure development. The launch is part of Nansen’s broader expansion from analytics into tradable, onchain-native products, following its recent debut of AI-powered trading tools.
Source: https://cryptobriefing.com/nx8-tokenized-index-layer-1/
