INDEX-USD · catalysts, narrative & risks

Which token is INDEX-USD?

The $0.0093 price anchor in our own system points unambiguously to The Index — a token launched on Robinhood Chain on 2026-07-03 — not to the long-established Index Cooperative (INDEX) on Ethereum. These are two different digital assets that share the ticker "INDEX," and even data aggregators conflate them [4].

• The Index (the asset in question): built on ROBINHOOD, ERC-20 standard, contract 0x56910D4409F3a0C78C64DD8D0545FF0705389870, total supply ~980.53M INDEX, max supply listed as ∞, launched 2026-07-03 [4].
• Index Cooperative (the other INDEX): a DAO building structured DeFi products on Ethereum, trading near $0.266, with a 10M max supply and monthly token burns [5], [7], [8].

Its ~$0.0093 price and sub-$10M market cap are inconsistent with Index Cooperative, confirming the Robinhood-Chain token is the relevant subject [4].