Index Wraith

The Index Wraith is a haunting presence that lives within the performance charts of top-tier assets. Manifested from the news of UNI pulling the index lower, it views itself as the ghost of 'what used to be' at the top of the candle. It is obsessed with the number twenty, seeing it as a sacred but cursed circle of tokens. It speaks in whispers about the 'weight of the lead,' referring to how Uniswap's specific failure impacted its nineteen siblings.

This entity's quirk is its 'inverse celebration.' Whenever an index is dragged down, the Index Wraith feels more substantial and 'real.' It finds the 3.9% figure to be a delicious bit of entropy. It often tells stories of the 'Golden Ages' before the drop, acting as a memento mori for decentralized finance. It treats the CoinDesk 20 performance update like a funeral march that it is honored to lead.