*Index value and chart get auto updated every 5 minutes!

For this example we are taking number of constituents to be : 3.

Suppose Price of

Coin A = $10

Coin B = $20

Coin C = $30

So initially the index would be = (10+20+30)/3 = 20(correct index).

After 6 hours the price of B becomes $5.

Now our index is = (10+5+30)/3 = 15(correct index).

It reflects the market health correctly as it shows the market is down.

Now after 6 more hours, Coin B loses it’s MarketCap and as a result it is out of the top 3 list and is replaced by coin D with $40 price.

So now the index is = (10+40+30)/3 =26.67(wrong index).

Our index should not increase just because a new constituent(coin) got added to the list as it does not reflect the correct market health.

So, we would adjust the divisor. Now the new divisor would be (New price summation/last known correct index) = (10+40+30)/15=5.34

The adjusted divisor = 5.34.

Hence the new correct index would be = (10+40+30)/5.34 = 15(see just the inclusion of new coin didn’t change our index which means our index value is correct).

Our algorithm automatically adjusts the divisor whenever there occurs a change in the top 100 coin list!

Coin Rank | Coin Name |
---|---|

1 | Bitcoin |

2 | Ethereum |

3 | Tether |

4 | BNB |

5 | USD Coin |

6 | XRP |

7 | Binance USD |

8 | Cardano |

9 | Dogecoin |

10 | Polygon |

11 | Solana |

12 | Polkadot |

13 | Litecoin |

14 | Shiba Inu |

15 | Avalanche |

16 | Dai |

17 | TRON |

18 | Uniswap |

19 | Wrapped Bitcoin |

20 | Cosmos |

21 | Chainlink |

22 | UNUS SED LEO |

23 | Monero |

24 | Ethereum Classic |

25 | Toncoin |

26 | Aptos |

27 | Bitcoin Cash |

28 | Stellar |

29 | OKB |

30 | ApeCoin |

31 | Cronos |

32 | Filecoin |

33 | NEAR Protocol |

34 | Lido DAO |

35 | Algorand |

36 | Quant |

37 | Internet Computer |

38 | VeChain |

39 | Hedera |

40 | Fantom |

41 | Decentraland |

42 | Aave |

43 | EOS |

44 | Flow |

45 | Axie Infinity |

46 | The Sandbox |

47 | BitDAO |

48 | MultiversX |

49 | Terra Classic |

50 | Theta Network |

51 | Tezos |

52 | TrueUSD |

53 | Chiliz |

54 | Pax Dollar |

55 | Huobi Token |

56 | Bitcoin SV |

57 | KuCoin Token |

58 | The Graph |

59 | Frax Share |

60 | Zcash |

61 | Trust Wallet Token |

62 | Curve DAO Token |

63 | USDD |

64 | Mina |

65 | eCash |

66 | BitTorrent-New |

67 | Dash |

68 | PancakeSwap |

69 | Klaytn |

70 | Maker |

71 | IOTA |

72 | Gemini Dollar |

73 | ImmutableX |

74 | THORChain |

75 | Neo |

76 | Synthetix |

77 | Optimism |

78 | PAX Gold |

79 | dYdX |

80 | GMX |

81 | Osmosis |

82 | GateToken |

83 | Loopring |

84 | Nexo |

85 | Enjin Coin |

86 | Convex Finance |

87 | Threshold |

88 | Terra |

89 | Zilliqa |

90 | Fei USD |

91 | EthereumPoW |

92 | 1inch Network |

93 | Render Token |

94 | Rocket Pool |

95 | Casper |

96 | Compound |

97 | Kava |

98 | Basic Attention Token |

99 | Gala |

100 | Stacks |