Reports · Methodology 2.1
C100 monthly report: August 2026
Backtested — before index launch. The index went live on Nov 1, 2026; this month applies the same rules to the market data of the time.
- C100
- +25.33%
- Bitcoin
- +25.05%
- Ethereum
- +32.60%
- C100 year to date
- −14.19%
C100 closed the month at 7,534.99 (Sep 1, 2026, 00:00 UTC), −24.6% from its all-time high of 9,996.45 (Nov 20, 2025).
Summary
These figures are a backtest: the index went live on November 1, 2026, and earlier values apply the same rules to the market data of the time.
The C100 rose 25.3% in August 2026, outperforming Bitcoin (+25.0%) by 0.3 pp and underperforming Ethereum (+32.6%) by 7.3 pp.
The equal-weight C100-EW rose 18.7%, so the larger constituents did better than the average constituent.
Layer 1 added most to the return (+15.74 pp) and Other detracted most (−0.32 pp).
Among the constituents at month end, Pump.fun (PUMP) had the largest gain (+115.1%) and Audiera (BEAT) the largest loss (−96.9%).
Year to date the index is down 14.2%; it ended August 24.6% below its all-time high of 9,996.45 (November 20, 2025).
At the rebalance on September 7, 2026, weights were reset to target with one-way turnover of 2.6%. Membership is reviewed quarterly, so no assets were added or removed.
After the review, the ten largest constituents made up 68.0% of the index and Bitcoin and Ethereum together 28.0%; 7 assets' weights were set by a cap rule.
August 2026: C100 vs Bitcoin and Ethereum
Returns
| Index or asset | August | Year to date |
|---|---|---|
| C100 | +25.33% | −14.19% |
| C100 Equal Weight | +18.67% | −20.56% |
| C25 | +26.06% | −13.18% |
| C100 ex-BTC | +25.05% | −15.01% |
| Bitcoin | +25.05% | −10.23% |
| Ethereum | +32.60% | −16.85% |
Best and weakest constituents
| Asset | Return | Contribution |
|---|---|---|
| Pump.fun PUMP | +115.09% | +0.33 pp |
| Ethena ENA | +86.50% | +0.20 pp |
| Zcash ZEC | +85.47% | +2.13 pp |
| Stacks STX | +82.90% | +0.07 pp |
| SPX6900 SPX | +72.91% | +0.07 pp |
| Asset | Return | Contribution |
|---|---|---|
| Audiera BEAT | −96.93% | −0.56 pp |
| 币安人生 币安人生 | −23.58% | −0.05 pp |
| DeXe DEXE | −20.55% | −0.01 pp |
| Stable STABLE | −17.23% | −0.05 pp |
| Jito JTO | −14.08% | −0.01 pp |
Sectors
| Sector | Contribution | Weight start → end |
|---|---|---|
| Layer 1 | +15.74 pp | 61.64% → 61.09% |
| Privacy | +3.28 pp | 6.80% → 8.09% |
| Exchange | +1.39 pp | 8.64% → 7.83% |
| Payments | +2.13 pp | 7.01% → 7.43% |
| Memes | +1.11 pp | 6.05% → 6.04% |
| DeFi | +1.13 pp | 4.83% → 4.84% |
| Layer 2 | +0.59 pp | 1.67% → 1.83% |
| Other | −0.32 pp | 1.50% → 1.10% |
| Oracles & Infra | +0.15 pp | 0.97% → 0.93% |
| AI | +0.13 pp | 0.80% → 0.75% |
| Gaming & Metaverse | −0.01 pp | 0.09% → 0.07% |
Contributions are in percentage points of the C100 return and add up to it.
Rebalance on Sep 7, 2026
One-way turnover 2.56%, 100 constituents. All rebalances
| Asset | Before | After | Cap |
|---|---|---|---|
| Hyperliquid HYPE | 5.61% | 4.50% | capped |
| TRON TRX | 3.49% | 4.50% | capped |
| Zcash ZEC | 4.96% | 4.40% | |
| Bitcoin BTC | 13.52% | 14.00% | capped |
| MemeCore M | 0.35% | 0.65% | |
| Ethereum ETH | 14.27% | 14.00% | capped |
| BNB BNB | 6.84% | 7.00% | capped |
| Cardano ADA | 1.91% | 2.04% | |
| Chainlink LINK | 2.43% | 2.29% | |
| Bittensor TAO | 0.76% | 0.68% | |
| Monero XMR | 2.58% | 2.65% | |
| Solana SOL | 6.06% | 5.99% | capped |
| Ethena ENA | 0.38% | 0.44% | |
| NEAR Protocol NEAR | 0.79% | 0.73% | |
| Dogecoin DOGE | 3.87% | 3.92% |
Concentration
- Top 10 weight
- 67.96%
- Bitcoin + Ethereum
- 28.01%
- Weights set by a cap
- 7
- Constituents
- 100
Target weights after the review.