Index Price

What is Index Price?

The index price is based on the latest transaction price of the standard currency pair of the mainstream exchange in the market and the median buy-to-sell median, weighted average, calculated and obtained index price, which can represent the fair market price of the currency pair.

Index Exception Handling

Removing Invalid Prices: If any source exchange price is not updated within 40 seconds and significantly deviates from the previous value, we consider it not valid and reset the price for that pair to zero.

Abnormal Price Correction: When an exchange's price deviates from other exchanges by ±3% of the median deviation of all source exchange prices (including itself), we recalculate its price to the median ±3% of the remaining exchange prices. For example, if the USDT median deviation reaches ±3%, we recalculate that exchange's price to the median ±3% of the sample.

This mitigates outliers and ensures index price integrity by adjusting excessively deviating prices.