We're introducing Crypto IDX — an index asset that combines the broader crypto market's movement into a single instrument. It's a convenient way to trade the overall momentum of top assets without having to pick one specific coin.
What is Crypto IDX?
Crypto IDX is an index calculated from 10 of the largest and most liquid assets. It reflects the aggregate market direction: when most components rise, the index strengthens; when the market declines, the index moves lower.
Index composition (10 assets)
The index is formed from 10 instruments (USDT pairs):
- BTC/USDT
- ETH/USDT
- BNB/USDT
- SOL/USDT
- XRP/USDT
- ADA/USDT
- DOGE/USDT
- AVAX/USDT
- LINK/USDT
- DOT/USDT
Full transparency of calculation
Crypto IDX is built on principles similar to traditional stock-market indices: the index price is derived from a clear structure of underlying components.
- The index is based only on publicly available prices of the underlying assets.
- The composition is fixed and known in advance.
- The calculation logic is deterministic — no hidden coefficients.
- If price data for any component is not updating correctly, trading on the index is temporarily halted until data integrity is restored.
Why the index can be more volatile
Crypto IDX volatility represents the combined market moves of all 10 assets. If the market is moving in different directions, the index can smooth out some fluctuations. But when the market moves in sync — which often happens in crypto — the index can capture that momentum more clearly and aggressively than a single asset.
Why Crypto IDX was created
Crypto IDX is designed for traders who want to:
- Trade the market's direction instead of guessing one token.
- Reduce dependence on the "noise" of a single coin.
- Use the index as a base asset for fast decisions inside the terminal.