Index price of an underlying asset is a weighted average of the asset’s prices on the major spot markets.
USDT margined perpetual swap adopts the corresponding underlying asset’s USDT (including BIT USDT basket stable coins) index prices. For example, BTCUSDT PERP adopts the BTC/USDT spot market prices of the major exchanges as the index price.
Note:
1. BIT will update the index components and weights from time to time, please visit the index price page for the latest information.
2. For more information on the calculation of BIT index, please click here.