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CME Group, CF Benchmarks launch new DeFi reference rates for A | InvestmentTradingUpdates

CME Group, CF Benchmarks launch new DeFi reference rates for Aave, Curve and Synthetix

CME
Group and CF Benchmarks launched new DeFi reference rates and real-time indices for Aave, Curve, and Synthetix. The reference rates and real-time indices are not tradeable products, but transparent pricing for the three DeFi tokens.

Several crypto exchanges and trading platforms including Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital will provide pricing data for the new benchmarks. The reference rates will be calculated and published once per day, while the real-time indices data will be published once per second. CME Group Global Head of Cryptocurrency Products Giovanni Vicoso said earlier in the month.

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