Category

Defi Pulse Index (DPI) coins: are they halal?

9 Defi Pulse Index (DPI) coins screened against our 27-point Shariah methodology. Open any report for pillar scores, criterion breakdowns and purification guidance.

What is Defi Pulse Index (DPI)?

The DeFi Pulse Index (DPI) is a market-capitalization-weighted index token that tracks a basket of leading decentralized finance protocol governance tokens, such as those from lending, decentralized exchange, and derivatives platforms. Issued on Ethereum through Index Coop and originally built using Set Protocol's infrastructure, DPI is an ERC-20 token that can be minted, redeemed, or traded, with its underlying constituents periodically rebalanced according to a defined methodology covering market capitalization, liquidity, and protocol activity criteria. Holding DPI provides diversified exposure to the DeFi sector without requiring direct acquisition or management of each individual underlying token.

Halal: 5 coins (56%)Mashbooh: 1 coin (11%)Haram: 3 coins (33%)9 coins
  • Halal56%
  • Mashbooh11%
  • Haram33%
ShariahRibaGhararMaysir
39UniswapUNIHALAL82.1
123Lido DAOLDOHALAL80.1
513Rocket PoolRPLHALAL77.7
215Synthetix NetworkSNXHALAL70.7
1412BalancerBALHALAL70.7
312yearn-financeYFIMASHBOOH63.3
MakerMKRHARAM47
186CompoundCOMPHARAM42.7
52AaveAAVEHARAM41.3

How CryptoUmmah screens Defi Pulse Index (DPI) coins

As with every category we track, coins here are screened individually against our 27-point methodology across the three core pillars — riba (interest), gharar (uncertainty), and maysir (speculation/gambling) — rather than being judged by category label alone. Two coins sharing this tag can land on very different verdicts depending on their specific tokenomics, revenue model, and governance structure. Across the 9 Defi Pulse Index (DPI) coins we've screened, the average Shariah compliance score sits at 64.0/100, with 56% classified Halal, 11% Mashbooh, and 33% Haram.