An index tracking the financial performance of all of the assets listed by Coinbase
Coinbase Index tracks the overall performance of the digital assets listed by Coinbase, weighted by market capitalization. The index level takes into account the ongoing increases in supply of each asset, not just changes in price.
The constituents of Coinbase Index are all the assets listed by Coinbase for trading in the US region.
The index level is calculated by dividing the current combined USD market capitalization of all constituent assets by the market capitalization as at January 1, 2015, the starting date for the Index.
Coinbase Index is reconstituted each time that a new asset is listed on Coinbase.
Coinbase Index is calculated based on the latest price data from Coinbase and the latest total supply of each asset on its blockchain.
You can learn more about Coinbase Index in the following document.Download PDF