Data: The MAG7.ssi index token daily increase exceeds 5.7%, with an annual return rate higher than Bitcoin by 6.39%

According to ChainCatcher news, based on the latest market data, Bitcoin is in a sideways state, and the spot index token MAG7.ssi launched by SoSoValue Indexes has broken through $0.94, with a daily increase of 5.73%. Coupled with the additional SOSO airdrop incentives for staking MAG7.ssi, stakers have an overall annualized return exceeding 70%.

MAG7.ssi is a passive index token issued by the SoSoValue Indexes protocol on the Base chain. This token is a synthetic of the spot prices of the top seven mainstream cryptocurrencies by market capitalization, including Bitcoin, Ethereum, and Solana, and is built on native chains and institutional-grade underlying asset custody. With a monthly automatic rebalancing mechanism, MAG7.ssi provides investors with a diversified asset allocation solution, effectively diversifying investment risks while closely tracking the crypto market to capture excess returns.

Currently, on-chain data shows that the total locked value (TVL) of the SoSoValue Indexes protocol has reached a scale of $200 million, with over 400,000 on-chain holders of the index token.