Cryptex Finance will launch ARFI, a 1:1 index basket of protocols shaping the Arbitrum DeFi ecosystem, on March 17th.

Cryptocurrency derivatives protocol Cryptex Finance will launch ARFI, a 1:1 index basket of protocols shaping the Arbitrum DeFi ecosystem, on Friday, March 17th.
ARFI is a derivative token designed to represent and track the performance of key decentralized finance protocols within the Arbitrum ecosystem. The index is set to include protocols such as Balancer, Box, and DEFI+.
Those holding ARFI tokens will be able to gain exposure to the Arbitrum DeFi ecosystem in a single, easily digestible token.
ARFI builds on Cryptex’s flagship product, TCAP, which provides a real-time snapshot of the market capitalization of all cryptocurrencies. TCAP is not an average or an ETF, but rather the real-time and actual value of the cryptocurrency market cap. Cryptex works with various oracles to provide real-time market cap data, allowing TCAP to reflect the current value of the market.
Cryptex Finance is a DAO governed by CTX, its native governance token. CTX holders can participate in the governance of the protocol, proposing or voting on various issues.
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