Understanding the Index

The flagship index measures the performance of the global NFT market and can include assets on any blockchain. It’s considered to be a proxy of the entire NFT market and includes 500 eligible smart contracts on any given day.


The index is weighted by a combination of adjusted market capitalization and adjusted unique traders. The composition of each index is algorithmically driven by the above factors and adjusted sales volume and is rebalanced each day to keep pace with the rapidly evolving market.

The mapped networks for the Forkast NFT 500 Index include:

  • Ethereum
  • Solana
  • Polygon
  • Cardano
  • BNB Chain
  • Arbitrum
  • Avalanche
  • Algorand
  • Fantom
  • Cronos
  • OEC