Centrifuge launches deSPXA, an on-chain S&P 500 index product, live on Base with full DeFi composability.
DeFi & Yields ·
Centrifuge has launched deSPXA, an on-chain product that provides exposure to the S&P 500 index, now live on the Base network. The product is freely transferable and tradeable, designed with full composability across DeFi applications.
The S&P 500 represents one of the world's most actively traded markets, with liquidity accumulated over decades since the 1950s. By tokenizing this index on-chain, deSPXA extends that market depth to decentralized finance, allowing users to access broad equity exposure within blockchain-native protocols and wallets.
Separately, Centrifuge Vertex has opened voting to determine the $CFG Rewards Date, with a 48-hour window for users to qualify for special incentives. Further details are available through the project's main site.