What is Index Price？
Index Price is determined by the weighted prices from a selection of mainstream crypto exchanges. An anticipatory mechanism is at work to ensure Index Price swings within an acceptable range when a drastic swing happens on any of the exchanges.
How is Index Price calculated?
1) CoinEx employs a unique Margin Index Price marking system to help users to avoid forced liquidation when the market swings drastically.
2) Weighted prices are drawn from a selection of mainstream crypto exchanges with an anticipatory mechanism at work to ensure the Index Price swings within an acceptable range even when the price on one of the exchanges swings drastically.
Explanation of Index Price:
a. The Index Price is updated every 5 second(s)
b. If there are no counterpart pairs against the quote coin on the selected exchanges, exchange pairs will be used on the exchange convert into the quote coin for CoinEx;
c. In case any of the selected exchange is down for maintenance or the last execution price and trading volume update of any selected exchange failed for a period of time, CoinEx will temporarily remove the exchange and even out the weights.
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