Glossary of Terms
This glossary provides definitions for key terms used in the CooinAPI Indexes API documentation. Understanding these terms will help you navigate and utilize our API more effectively.
A
Adjusted Free Float Supply: The portion of a cryptocurrency's total supply that is considered available for trading in the market, adjusted for various factors such as locked tokens or long-term holdings.
Asset Eligibility: The criteria that a cryptocurrency must meet to be considered for inclusion in a CoinAPI index.
B
Benchmark: A standard against which the performance of a cryptocurrency or portfolio can be measured.
Blockchain: A distributed ledger technology that underpins most cryptocurrencies.
C
Circulating Supply: The amount of a cryptocurrency that is publicly available and circulating in the market.
Constituent: An individual cryptocurrency that is included in an index.
D
Divisor: A numerical value used to calculate the index level, ensuring that the index remains comparable over time despite changes in constituents or their weights.
E
Exchange: A platform where cryptocurrencies can be bought, sold, or traded.
Expert Judgment: The application of professional expertise in situations where the index methodology may not provide clear guidance.
F
Fork: A change to the protocol of a blockchain that can result in two separate chains.
Free Float Market Capitalization: The market value of a cryptocurrency based on its price and adjusted free float supply.
I
Index Level: The calculated value of an index at a given point in time.
Index Rebalancing: The process of periodically adjusting the constituents or their weights in an index.
L
Liquidity: The degree to which a cryptocurrency can be quickly bought or sold without causing a significant movement in the price.
M
Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its price by its circulating supply.
P
PRIMKT (Principal Market Price) Index: A CoinAPI index that uses the price from the most liquid market for each cryptocurrency pair.
R
Real-Time Index: An index that is calculated and disseminated continuously throughout the trading day.
Reference Rate: A price for a cryptocurrency that is used as a standard reference point, often calculated using a specific methodology.
T
Total Return Index: An index that accounts for all forms of returns, including price changes and income from staking or other rewards.
V
Volatility: A measure of the rate of fluctuations in the price of a cryptocurrency over time.
VWAP (Volume-Weighted Average Price) Index: A CoinAPI index that calculates the average price of a cryptocurrency weighted by the trading volume over a specific period.
W
Weighting: The proportion of an index that is allocated to each constituent cryptocurrency.
This glossary will continue to evolve as new terms and concepts are introduced in the field of financial indexes and API usage. For any terms not covered here, please reach out to our support team for further explanation.