CF Benchmarks
CF benchmarks logo

Mar 28, 2022

Consultation on Parameter Changes to Certain CF Settlement Prices now Closed

The consultation regarding changes to methodology parameters to the following CF Settlement Prices s now closed:

  • CF Tezos - Dollar Settlement Price
  • CF Stellar Lumens – Dollar Settlement Price
  • CF Chainlink- Dollar Settlement Price

The Administrator will inform stakeholders of the results of the consultation without undue delay.

Should any market participants have any questions or queries please do not hesitate to contact [email protected]

Should any users wish to file a complaint regarding this consultation process this can be done  so confidentially at [email protected]


The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell any of the underlying instruments cited including but not limited to cryptoassets, financial instruments or any instruments that reference any index provided by CF Benchmarks Ltd. This communication is not intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. Please contact your financial adviser or professional before making an investment decision.


Note: Some of the underlying instruments cited within this material may be restricted to certain customer categories in certain jurisdictions.


Sui Chung

Meet the Large Cap Index DTF

The Large Cap Index DTF ($LCAP) is the first fully collateralized, token tracking the CF Large Cap (Diversified Weight) – US Index.

CF Benchmarks
CF Benchmarks

CF Benchmarks

0 mins read
Revisiting the Bitcoin Basis: How Momentum & Sentiment Impact the Structural Drivers of Basis Activity

Bitcoin’s futures basis reflects shifts in price momentum and market sentiment. Shared benchmarks between spot ETFs and CME futures contracts have enabled efficient arbitrage and driven increased institutional participation.

Mark Pilipczuk
Mark Pilipczuk

Mark Pilipczuk

17 mins read
Momentum Outperforms Following New Highs

Key takeaways: Rotation Toward Risk Dominates Factor Returns Q3 2025 extended the digital asset market’s rebound. The CF Broad Cap Index advanced 16.1%, driven by renewed momentum in large-cap assets. Momentum led factor returns (+1.9%), highlighting the continued strength of trend-following strategies amid mixed market signals. In contrast, Size (–7.3%) and Growth (–4.7%) declined as smaller-cap and high-expansion tokens lagged. Value (–2.1%) and Liquidity (–0.6%) also softened, while Downs

Mark Pilipczuk
Mark Pilipczuk

Mark Pilipczuk

4 mins read