What is the Index Price?

The index price is the fair market value of a cryptocurrency based on data from several leading exchanges. Rather than relying on a single exchange, which might have price spikes or lower liquidity, the index price reflects a weighted average across multiple platforms to provide a more accurate and stable valuation.

At HEXN.IO, we use this index price to determine the value of crypto assets during conversions and interest calculations. It ensures transparency and protects you from sudden price discrepancies or manipulation on any one exchange.

This approach helps create a more consistent user experience, especially when using features like Smart Exchange, or interest payouts.