Glossary

Constituent / Index Constituent

Crypto asset (token) of the company, organization, or project that is included in an index.

Constituent's Market Value

Multiplication of the constituent's price and its amount of total supply.

Constituent's Circulating Market Value

Multiplication of the constituent's price and its amount of circulating supply.

Market Capitalization Weighted Index

An index that each constituent's weight is proportional to its total market value.

Circulating Market Capitalization Weighted Index

An index that each constituent's weight is proportional to its circulating market value.

Capped Market Capitalization Weighted Index

An index that each index constituent or defined group of index constituents is confined to maximum weight.

Non-Market Capitalization Weighted Index

An index that the index constituents' weights are not determined by the market capitalization weighted methodology.

Equal Weighted Index

An index that all the constituents have the same weight.

Index Divisor

The index divisor is a component in index calculation methodologies that maintains the continuity of an index level after implementing corporate actions, index rebalancing events, or other non-market-driven actions.

Index Level

The result of the index calculation.

Base Date

The earliest date the constituents' trading record can be traced.

Base Level

The index level at the base date.

CICS

The Crypto Industry Classification Standard (CICS) is developed by CypherBabel to provide a complete, transparent, flexible, evolving, and reliable classification of the industries in the crypto world. It is designed with four classification levels: Sectors, Industry Groups, Industries, and Sub-Industries.