Alongside Crypto Market Index (AMKT): What It Is

Alongside Crypto Market Index, or AMKT, is an index token issued by Alongside. It is designed to give holders exposure to the broader crypto market through a single token, rather than requiring them to buy and manage each asset in an index separately. Public descriptions say AMKT tracks a basket of 25 crypto assets, though the basket and its weighting may change over time. An index token is not the same as a stablecoin: its value can rise or fall with the assets it tracks and with trading conditions. Public sources do not establish that holding AMKT gives you direct ownership of each underlying asset or a guaranteed right to redeem for them. Check Alongside’s current product and index documentation for details on the basket, rebalancing and any redemption terms before relying on those features.

AMKT’s main use is as a single-token way to seek broad crypto-market exposure. Someone interested in an index-style position may find it simpler to hold one token than to buy and rebalance a collection of separate cryptocurrencies. That convenience does not remove market risk: the token’s value can be affected by the underlying assets, index changes, demand for AMKT and the depth of trading on the venue used. AMKT is not a claim on a fixed dollar amount, and it does not guarantee performance that matches the index exactly. The description of AMKT as passively tracking a basket does not, by itself, explain how closely its market price follows the index or how often the basket is updated. Review the current methodology and trading conditions, and consider whether the token’s exposure fits your own risk tolerance. This is information, not a recommendation to buy or sell.

As of 2026-11-05, the reported AMKT price was about $163.13, with a market capitalization of about $326,605. Reported circulating and total supply were both about 2,002 AMKT; no maximum supply was listed. These are snapshots, not fixed values, and can change. The reported 24-hour trading volume was about $2 at that time. Such a low figure may indicate limited activity in the measured period or across the venues covered, and can make it harder to trade at a desired price. The reported all-time high was $372.95 on 2025-10-02, while the all-time low was $66.74 on 2023-01-13. Past highs and lows do not predict future prices. Check current supply, market depth and prices before making a transaction, since figures may vary between markets and data providers.

AMKT is issued on Ethereum, Polygon, Optimism, Arbitrum and Base. Before sending or receiving it, confirm that the wallet, exchange and selected network all support the same AMKT version. Tokens with the same ticker on different chains are not automatically interchangeable; a transfer to an unsupported network or address can result in loss. Use a wallet that supports the relevant network and protect its recovery phrase offline. Never share that phrase or a private key with anyone claiming to help with a transfer. Because public sources do not provide contract addresses, check the official Alongside materials to identify the correct token contract on each network before adding or transferring AMKT. Keep in mind that a self-custody wallet makes you responsible for key security, while a custodial service introduces dependence on that provider’s controls and availability.

AMKT carries the risks of the crypto assets in its index, including sharp price declines and changing market conditions. Its market price may not track the index perfectly, and limited trading volume can contribute to wide spreads or difficulty selling. The index’s composition, weighting and operating rules also matter; review Alongside’s current documentation rather than assuming that the basket stays constant. Smart-contract, network, bridge and custody risks may apply, particularly when using AMKT across multiple chains. The token is not a bank deposit, and public sources do not establish a guaranteed return, price floor or redemption right. Consider whether you can tolerate losing some or all of the amount you put at risk, and avoid relying on past performance as a forecast. Verify the contract and network before interacting with the token, and use only services you understand.