3️⃣Index Price in USDT Perpetual Contract

Price indices are buckets of prices from major spot market exchanges, weighted by relative trading volume. The price index of USDT perpetual contract is derived from Binance, Bybit, OKX, Gate.io, Kucoin, Bitget, Bitstamp, CoinbasePro, Kraken, Gemini, Bittrex, MEXC, etc.

If all exchange prices are not obtained, the price of the corresponding trading pair in the FIXT contract will be used as the index price until the index price component exchange data is properly obtained.

If the individual price deviations of the index component platforms are too large, the prices of all component platforms are sorted from highest to lowest. If the price on the first platform differs by more than 3% from the price on the second platform, it is temporarily excluded from the index price component. If the price on the last platform differs by more than 3% from the price on the second platform, it is temporarily excluded from the index price component. Until the price difference is restored to within 3% of the head and tail platforms.