Today we’re excited to announce the beta launch of OG30 — a crypto-native index product that aspires to become the industry’s benchmark. It’s live on-chain on Solana.
OG30 is composed of the 30 largest crypto assets by market cap, with over 80% allocated to BTC, ETH, SOL, BNB, and XRP. It tracks the GMCI30 benchmark, constructed by our partners at GMCI, a regulated European index provider.
While the GMCI30 benchmark has outperformed BTC across cycles since January 2021 — and with lower volatility than most altcoins — OG30 is not a bet against BTC, ETH, or SOL. Instead, it is a complementary position, offering passive, diversified market exposure with high-quality, risk-adjusted yield from staking and institutional lending. Just as in TradFi, nobody claims it’s “better” to hold TSLA over SPY; the same principle applies to crypto.
Crypto has created a sticky illusion: that anyone can get rich quickly. In reality, that may only be true for a few. Even professional asset managers — with all their knowledge, connections, and proprietary strategies — consistently underperform Bitcoin, and lose money even during bull runs. Beneath the shiny shell of our industry, the math is usually against the average trader.
For years, Bitcoin has been treated as the industry benchmark. But it no longer represents the full scope of crypto or its technological progress. We believe correlations between different assets, verticals, and ecosystems will decline over time — making OG30 increasingly relevant.
We spent months researching previous generations of crypto index products, and our design choices are based on this work. OG30 is the first product of its kind: 30 assets across more than 20 blockchains, wrapped into a single token. It is built on hybrid infrastructure that combines off-chain custody and rebalancing with on-chain composability across Solana DeFi.
The underlying assets of OG30 are held with a licensed third-party custodian. This ensures we hold native assets — not bridged or wrapped versions — reducing intermediaries, minimizing points of failure, and securing liquidity.
Rebalancing occurs monthly and underperforming assets are replaced. We execute this via OTC desks and leading exchanges such as Binance to minimize slippage and secure best-in-class spreads, while maintaining strict security standards.
OG30 can also be staked, with yield derived directly from underlying assets via staking and institutional, over-collateralized lending of non-stakable assets (such as BTC) through our custody provider’s lending desk. During the beta stage, OpenDelta’s treasury will additionally incentivize stakers.
This launch is just the beginning for OG30. More DeFi integrations and CEX listings are already underway.