Refinitiv adds Level 2 Order Book data from CCData (CryptoCompare)

Rick Steves

“Leveraging our expertise in digital asset data and research-backed methodologies, our collaboration represents a unique value proposition that brings trusted and transparent price discovery to market participants.”

CCData has announced the addition of its Level 2 (L2) Order Book data on Refinitiv’s Data Platforms with the most complete, in-depth, granular liquidity data covering up to 99.8% of the industry.

Level 2 (L2) Order Bood is CCData’s comprehensive collection of outstanding buy and sell orders for an asset. This expanded dataset joins CCData’s existing suite of offerings on Refinitiv’s platform which include real-time and historical aggregated market data as well as full trading data from various licensed exchanges.

“Unique value proposition that brings trusted and transparent price discovery to market participants”

CCData’s order book snapshots are constructed once per minute per exchange to deliver highly reliable and granular data sets. The firm takes the maximum depth possible on both bid and ask sides to synthesize full order book snapshots for any integrated exchange.

Charles Hayter, CEO and Co-Founder, CCData, commented: “We are proud to collaborate with Refinitiv to bring CCData’s market-leading digital asset data to its Workspace platform. Leveraging our expertise in digital asset data and research-backed methodologies, our collaboration represents a unique value proposition that brings trusted and transparent price discovery to market participants.”

CCData also brings live trading data from 34 individual exchanges to the Refinitiv platform

CCData provides multiple order book metrics, including slippage, spread, and depth powered by its automatic order book calculator. All metrics are calculated at precise and widely-distributed percentage intervals to provide insight into digital asset markets.

The firm’s proprietary research-backed aggregate price methodology is based on real-time and historical market data covering the most liquid cryptocurrency pairs traded on 300 exchanges. CCData also brings live trading data from 34 individual exchanges to the Refinitiv platform.

CCData offers full aggregate and trade level history dating back to 2010 for more than 6,000+ coins and 250,000+ crypto and fiat trading pairs on a daily, hourly, and minute-by-minute basis.

CCData added Ethereum to Staking Yield Index Family

CCData has recently partnered with Blockdaemon, the provider of blockchain infrastructure for node management and staking, to expand the recently launched Staking Yield Index Family.

The family of indices, all industry firsts, now features Ethereum, the largest Proof-of-Stake asset by market capitalization. First launched in 2022, the index family originally included five assets: Cardano, Solana, Avalanche, Cosmos, and Polkadot.

CCData is the leading digital asset data provider and FCA-authorised benchmark administrator that recently rebranded from CryptoCompare.

The product launched and expanded in partnership with Blockdaemon – CCData Blockdaemon Staking Yield Index Family – utilizes CCData’s proprietary yield calculation methodology specifically tailored for select proof-of-stake digital assets.

Each highlighted cryptocurrency boasts its own distinct yield calculation methodology and implementation. The family of indices is available to all institutional investors on a subscription basis and includes:

  • CCData Blockdaemon Ethereum Staking Yield Index
  • CCData Blockdaemon Cardano Staking Yield Index
  • CCData Blockdaemon Solana Staking Yield Index
  • CCData Blockdaemon Avalanche Staking Yield Index
  • CCData Blockdaemon Cosmos Staking Yield Index
  • CCData Blockdaemon Polkadot Staking Yield Index

Calculated daily, the rewards featured in the six CCData Blockdaemon Staking Yield Indices integrate various factors including block rewards, token emissions, fees, protocol penalties, withdrawals, and more.

Each index utilizes staking data from the entire blockchain universe. Covering 100% of network validators, the indices aggregate information from every validation period on a daily basis. This process enables the Index to deliver an accurate average daily annualized yield for users.

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