Index Price

The Index Price refers to the price of the underlying asset on the spot market. It's an aggregate price based off price data from multiple exchanges, calculated every second.

The exchanges we aggregate from are as follows for each market:

BTC,ETH,MATIC,SOL,DOGE,ARB,OP,NEAR

index price from:

Coinbase Binance OKX

For BTC-denominated currency pairs, the system multiplies by the OKX BTC-USD index to convert to the US dollar price.

We have implemented logic to ensure that index fluctuations are within the normal range when there is a significant deviation from the price of a single exchange. In addition, the system invalidates exchanges whose latest transaction price and trade volume have not been updated for a period of time.

If an exchange price deviates by more than 3% relative to the median price of all exchanges, the exchange price will be calculated according to the median*0.97 or the median*1.03.