The CoinDesk 80 (CD80) led the multi-asset CoinDesk indices, rising 57.4% to 559 and outperforming bitcoin by roughly 14.7 percentage points, with Zcash extending its second quarter momentum as interest in privacy assets continued.
All 20 CD20 constituents finished the quarter positive. Uniswap (UNI) led with a 220% gain, followed by NEAR at 200%, last quarter’s top performer, while Chainlink and Aave rose 100% and 87.5%.
Twelve assets outperformed the index, including Cardano (ADA, 71.0%), Ether (ETH, 70.9%), Sui (SUI, 68.8%), Avalanche (AVAX, 67.5%) and Solana (SOL, 60.5%). Despite strong gains across the board, there was a clear disparity across the return tails, with top performers breaking away materially.
CoinDesk 20 constituents: Q3 2026 performance
Looking ahead to Q4
Macro conditions still drive prices. While easing Middle East tensions helped risk sentiment, sharp long-end Treasury yield…
