CoinDesk Litecoin Price Index (LTX)
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1D ReturnThe CoinDesk Litecoin Price Index (LTX) provides a USD-denominated reference rate for the spot price of Litecoin (LTC). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.
The CoinDesk Litecoin Price Index (LTX) provides a USD-denominated reference rate for the spot price of Litecoin (LTC). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.
| INDEX NAME | 1DAY | MTD | QTD | YTD | 1 YEAR | 3 YEAR | 5 YEAR | Since Inception |
|---|---|---|---|---|---|---|---|---|
| CoinDesk Litecoin Price Index (LTX) | NA | NA | NA | NA | NA | NA | NA | NA |
The CoinDesk Litecoin Price Index (LTX) provides a USD-denominated reference rate for the spot price of Litecoin (LTC). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.
Overview
The CoinDesk Litecoin Price Index (LTX) provides a USD-denominated reference rate for the spot price of Litecoin (LTC). The index leverages real-time prices from multiple constituent exchanges to provide a representative spot price. Each constituent exchange is weighted proportionally to its trailing 24-hour liquidity with adjustments for price variance and inactivity.
Given the potential for anomalies or manipulation at individual exchanges, constituent weights may dynamically adjust using CoinDesk Indices proprietary Constituent Weighting Adjustment Algorithm (CWAA). The algorithm is designed to calculate a real-time index that is an accurate and reliable reflection of the market price of each digital asset, using multi-sourced spot prices and dynamically reduce the weights of individual exchanges with lower liquidity, inactivity, and higher price variance.
Products Linked to CoinDesk Litecoin Price Index (LTX)
| Product Name | Ticker | SPONSORS |
|---|---|---|
| Grayscale® Litecoin Trust | LTCN | Grayscale® |
* These indices are products for financial institutions, and are separate from the prices that CoinDesk publishes on coindesk.com.
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Disclosure: These indices are products for financial institutions, and are separate from the prices that CoinDesk publishes on coindesk.com.
