Reference Rates

CESR®, the composite ether staking rate, is a daily benchmark rate representing the mean, annualized staking yield of the Ethereum validator population. CESR offers a consistent daily snapshot of staking yields, which is crucial for understanding the current state of the Ethereum staking market. Created in partnership with CoinFund.

The CoinDesk Solana Price Index (SLX) provides a USD-denominated reference rate for the spot price of Solana (SOL). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.

CoinDesk Overnight Rates (CDOR) is a benchmark interest rate that draws upon Aave’s lending pools to provide standardized overnight rates for major stablecoins. These first-of-kind money market rates to transform Aave pool activity into conventional overnight rates to support interest rate derivatives and floating rate loans.

Built upon industry-leading data surveillance tools, our robust methodology accounts for a comprehensive range of parameters including liquidity considerations, automated outlier detection, and research-driven tools to ensure data is weighted from the most trusted trading venues.