Data: MAG7.ssi index token daily gain exceeds 5.7%, annual return outperforms Bitcoin by 6.39%

According to ChainCatcher, the latest market data shows that while Bitcoin remains range-bound, the spot index token MAG7.ssi launched by SoSoValue Indexes has surpassed $0.94, posting a daily gain of 5.73%. Combined with additional SOSO airdrop incentives for staking MAG7.ssi, stakers are seeing an annualized yield of over 70%.

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

On-chain data currently shows that the total value locked (TVL) in the SoSoValue Indexes protocol has reached $200 million, with more than 400,000 on-chain holders of the index token.