The time penalty logic guarantees that the index is grounded in the latest and most pertinent data, enhancing its relevance and accuracy by adjusting the ‘liveliness’ of price data.

This feature ensures the index relies on the most current and relevant data.

To deal with high trade frequencies that are typical in digital asset markets, CADLI’s index family is distributed across multiple instances. This dispersed structure ensures uninterrupted and precise index calculations, even during times of intense market activity.

CADLI has been rigorously tested to operate optimally at a throughput of 500,000 trades per second, ensuring high performance and scalability.

CADLI incorporates an advanced outlier detection which ensures a dynamic and responsive outlier detection mechanism tailored to the specific characteristics of each index. The system undergoes hourly revisions based on the number of active constituent instruments.

Understanding the importance of timely information, CADLI recalculates its composition on an hourly basis. This ensures that the index always includes the most up-to-date and relevant instruments. CADLI captures all relevant information whether it’s the latest trending cryptocurrency or a newly active trading platform.