CME Group and CF Benchmarks Launch Reference Rates and Real-Time Indices for Aave, Curve and Synthetix Starting Today

CME and CF Benchmarks, a provider of cryptocurrency benchmarks, have launched three new DeFi reference rates and real-time indices, Aave, Curve and Synthetix, which are not tradable but can be used to more accurately label crypto portfolios and build Structured products, “These three new benchmarks, together with Uniswap launched earlier this year, will capture over 40% of the TVL of DeFi protocols on Ethereum”. The reference rate will be calculated and published once a day, while real-time index data will be published every second, and several crypto exchanges and trading platforms including Bitstamp, Coinbase, Gemini, itBit, Kraken and LMAX Digital will provide pricing for the new benchmark data.