The Bluebird Index is a cryptocurrency price index launched in November 2022 that tracks the performance of BNB, DOGE and MASK. The Index is calculated using a formula that incorporates the weighted averages of the constituent tokens’ real-time prices on the Spot market, denominated in USDT.

Bluebird Index Details


1. Index Specifications

Trading Pair Index Name Description Base Date Base Index
BLUEBIRD/USDT BLUEBIRD Index BLUEBIRD Index denominated in USDT 2022-11-02 16:00 (UTC+8) 10 USDT

2. Constituents

Information on the constituents of the Bluebird Index:
Crypto Weight (%) Weight (Value)
BNB 51.81% 0.01606447
DOGE 41.87% 30.4543891
MASK 6.32% 0.16904824
(The weights are based on the data at 15:00 (UTC+8) on 2022-11-02 and will be adjusted regularly according to price movements)

3. Index Calculation

a. The Index formula is as follows:
b. Divisor
The divisor on the Index Base Date is:
And at each Report Time t:
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c. Weight
The weight of each constituent of the Index is calculated by a weighting factor (the weight will remain unchanged between Index rebalances):
The weighting method for Bluebird Index is volume/market cap constructed weighting with weighting factor calculated as follows:

4. Rebalances

The launch date of the BLUEBIRD Index is 2022-11-02 20:20 (UTC+8). The Index constituents and their weights will be automatically rebalanced every Thursday at 16:00 (UTC+8) to adapt to changes in the market and to reflect the respective fluctuations of each constituent’s market capitalization.