Results of the IX Digital Asset Industry Classification System (“DAICS®”) 1H 2026 Review
IX Asia Indexes released the 1H 2026 review of its IX Digital Asset Industry Classification System (DAICS®). DAICS® covers the top 50 coins by average market cap over 90 days as of 31 May, covering 97.45% of market cap; the 50th coin is 0.06%. Seven coins were added (e.g., CC, XAUT, PAXG) and six deleted (e.g., ENA, APT, WLD). Seven “Green Coins” were labeled. ABTs expanded to 2.05% of digital asset market cap; changes take effect 24 July 2026.
How this was made
The 30-second read
Why it matters
The new information is the 1H 2026 Top-50 membership changes (additions/deletions), the identification of 7 “Green Coins,” and the stated effective date (24 July 2026) plus an upcoming methodology expansion to include stablecoins within the top 50.
Market read
This is a benchmark/labeling update that can drive relative rotation trades if market participants treat DAICS® membership and “Green Coin” labels as investable signals.
What to watch
Traders should verify whether DAICS® is actually used in investable index products/ETPs or only as a reference; without that linkage, membership changes may not translate into sustained demand.
Background
IX Asia Indexes publishes DAICS® to standardize how digital assets are classified into industries/sectors and ABT asset types, with periodic 1H/2H reviews.
Ticker impact
PAX Gold (PAXG) is added to the DAICS® Top 50 and is explicitly classified as an ABT within the system.
Limited immediate impact; watch for positioning changes around the 24 July 2026 effective date.
The key new fact is index membership and effective timing, not a redemption/issuance or regulatory event.
Canton (CC) is added to the DAICS® Top 50 and also appears as a “Green Coin” label candidate in the review.
Potentially higher relative sensitivity than non-green additions, but still likely modest without flow data.
The article states the label criteria and inclusion, but does not quantify expected demand or track record of label-driven flows.
Ripple USD (RLUSD) is added to the DAICS® Top 50, and XRP (XRP) is also listed among the “Green Coins.”
Unclear direction for XRP vs RLUSD; likely modest and more narrative-driven than fundamental.
The article provides membership/label facts but no market reaction, liquidity, or product linkage details.
Aptos (APT) is deleted from the DAICS® Top 50 in the review.
Small negative bias; tradability depends on whether DAICS® is used by allocators for exposure decisions.
Membership change is clear, but the article lacks evidence of direct investable tracking.
Story (IP) is deleted from the DAICS® Top 50 in the review.
Low impact; smaller constituents may see limited liquidity-driven follow-through.
The article discloses deletion but does not provide market-cap context beyond top-50 membership.
Market effects
Reinforces a framework that segments crypto into Payment/Infrastructure/Financial Services and ABT asset types, potentially influencing sector exposure models.
Hong Kong-based index provider update may matter most to Asia-focused allocators using DAICS® as a reference.
Top-50 membership and stablecoin/ABT coverage expansion can affect global benchmark narratives for token allocators.
Counterpoint
Because the article is a classification methodology update without disclosed index-product flows, price impact may be limited and mostly relative (rotation) rather than absolute.
Key entities
- index_providerIX Asia Indexes
Announced the 1H 2026 DAICS® review results and stated classification changes take effect 24 July 2026.
- methodologyDAICS®
Digital Asset Industry Classification System used to classify cryptocurrencies and ABTs into tiered categories.
