CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
The CoinDesk 20 is currently trading at 2763.65, up 0.9% (+23.37) since 4 p.m. ET on Tuesday.
Thirteen of 20 assets are trading higher.
Leaders: AAVE (+2.9%) and AVAX (+1.6%).
Laggards: ICP (-2.5%) and SUI (-1.2%).
The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.
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Pudgy Penguins is building a multi-vertical consumer IP platform — combining phygital products, games, NFTs and PENGU to monetize culture at scale.
What to know:
Pudgy Penguins is emerging as one of the strongest NFT-native brands of this cycle, shifting from speculative “digital luxury goods” into a multi-vertical consumer IP platform. Its strategy is to acquire users through mainstream channels first; toys, retail partnerships and viral media, then onboard them into Web3 through games, NFTs and the PENGU token.
The ecosystem now spans phygital products (> $13M retail sales and >1M units sold), games and experiences (Pudgy Party surpassed 500k downloads in two weeks), and a widely distributed token (airdropped to 6M+ wallets). While the market is currently pricing Pudgy at a premium relative to traditional IP peers, sustained success depends on execution across retail expansion, gaming adoption and deeper token utility.
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CoinDesk 20 Performance Update: Bitcoin Cash (BCH) Gains 2% While Index Declines
Polygon (POL) fell 3.1% and Internet Computer (ICP) dropped 3%, leading index lower.

