Index Price

What is the Index Price?

The index price is an important reference when you make investments. It refers to a composite price index derived from the volume-weighted average of prices from a basket of major spot trading markets for a given cryptocurrency. The index price also carries the most weight when calculating the mark price.

The index price of a specific cryptocurrency may vary across different exchanges. This depends on which trading platforms are considered "major exchanges," as only the data from these selected exchanges will be included in the calculation.

Where to Check the Index Price

To view the real-time index price, open the XT Contract Trading page, where the index price is displayed at the top.

You can also go to [Contract Information] - [Contract Index], and select [Index Price] in the top right to view the index price for different time periods.

Index Price Calculation Formula

Index Price = (Spot Price of Exchange A × Weight of Exchange A) + (Spot Price of Exchange B × Weight of Exchange B) + ...

The higher the trading volume of an exchange, the greater its weight in the index price calculation. This means that exchanges with larger trading volumes have a more significant impact on the index price.