Nansen and OpenDelta Launch Solana-Based Index for Top Layer-1 Blockchains
Nansen and OpenDelta’s NX8 index will track eight major blockchain ecosystems, leveraging Solana and LayerZero’s Omnichain standard for cross-chain access and custody solutions.
BTC
ETH
BNB
Summary
Nansen and OpenDelta are set to launch the NX8 index, tracking Bitcoin, Ethereum, Solana, BNB Chain, TRON, Hyperliquid, Avalanche and Sui. The product will be issued on Solana using LayerZero’s Omnichain standard, enabling cross-chain functionality. Trading will occur on Orca, Jupiter, Kamino and Dflow, with Anchorage and Hex Trust providing institutional-grade custody. This initiative expands diversified crypto investment options across leading blockchain networks.
Terms & Concepts
- Layer-1 Blockchain: A base blockchain network, such as Ethereum or Solana, that operates independently and processes transactions without relying on other chains.
- Solana: A high-performance blockchain known for fast transactions and low fees, often used for decentralized applications and crypto projects.
- LayerZero Omnichain: A cross-chain communication protocol enabling interoperability between multiple blockchain networks.