The CoinDesk Benchmark Rates (“CBRs”) provide spot rates for single digital assets denominated in USD.
· Input pricing is sourced from a minimum of three exchanges and blends USD and USDC denominated trading pairs.
· USDC denominated prices are converted to USD using the appropriate conversion rate.
· Contributing exchanges must have a minimum rating of BB in the latest Exchange Benchmark Report and meet additional requirements.
· Spot rates are calculated every 5 seconds using the most recent traded price from each contributing exchange weighted by 24-hour volume.
· The algorithm used to calculate the spot rates includes outlier price protection as well as penalties for trading inactivity.
· CoinDesk Benchmark Rates are used to calculate indices such as the CoinDesk 20 Spot Index.
· For additional details on CoinDesk Benchmark Rates, see the Methodology in the <Documentation> section below.
List of Assets