Cryptocurrency Market Data Platform WorldCoinIndex Aggregates Exchange Information
WorldCoinIndex is a cryptocurrency market data platform that provides users with aggregated market information from multiple exchanges. The platform tracks prices, trading volume, market capitalization, and market activity across various digital assets.
The platform was launched in 2014 and uses an average weighted price formula to calculate cryptocurrency prices. This method helps account for differences in prices and trading activity across individual markets.
WorldCoinIndex provides users with a range of data, including current prices for digital assets, market capitalization, 24-hour trading volume, price charts, and exchange data. The platform also ranks cryptocurrencies by their 24-hour trading volume, indicating which assets are currently among the most actively traded.
The platform's key features include its cryptocurrency ranking, which uses market activity and trading volume as important indicators. WorldCoinIndex also provides data on crypto derivatives, including perpetuals, futures, and options, as well as coverage of decentralized finance (DeFi) areas such as lending protocols.