MarketVector Indexes introduces MVCSMH index for Paragon's perpetual futures platform on Hyperliquid, marking the first 24/5 version of its flagship semiconductor benchmark.
Key points
•MarketVector Indexes introduces MVCSMH index
•Paragon gains perpetual futures platform license
•First 24/5 version of flagship semiconductor benchmark
MarketVector Indexes, a pioneer in thematic equity and digital asset indexing, has licensed the MVCSMH index to Paragon, a perpetual futures platform on Hyperliquid. This marks the first time the company's flagship US-listed semiconductor benchmark is offered as a 24/5 version.
The MVCSMH index leverages Pyth Network’s real-time pricing infrastructure to extend its calculation into overnight and pre- and post-market sessions, marking an expansion of MarketVector’s flagship MVIS® US Listed Semiconductor 25 Index's trading hours.
Taha El-Magbri, founder of Paragon, notes that semiconductors are central to AI infrastructure development. The index consolidates the largest and most liquid semiconductor companies in the U.S., providing a transparent benchmark for global markets.
