Summary
This document is a technical report detailing the CoinGecko Price Aggregation Methodology, which outlines the processes used to aggregate cryptocurrency prices from various exchanges. It describes the two main components of the methodology: the calculation of internal reference conversion rates, specifically the Stablecoin Price Indices (USDI) and the Bitcoin Price Index (BPI), and the overall process for calculating the aggregated market price of cryptocurrencies. The report explains how CoinGecko collects raw ticker data from multiple exchanges and processes this data to ensure accurate price representation. It also discusses the governance structure overseeing the methodology, including the roles of key personnel and the decision-making process for any changes to the methodology. Additionally, the document provides detailed examples of the calculations involved in determining the USDI and BPI, as well as the handling of outliers in price data. Calculation examples are included to illustrate the methodology in practice.
