CME CF Cryptocurrency Benchmarks

Trade cryptocurrencies with greater confidence by capitalizing on enhanced pricing information from standardized, regulated reference rates and spot price indices, developed in partnership with CF Benchmarks.

Registered and regulated

Aligned to European Benchmarks Regulation (EU BMR), to enhance credibility and help facilitate greater market access globally. 

Transparent oversight

Publicly available calculation methodology that is overseen by a committee of industry experts.

Around-the-clock reliability

Reliable, continuous pricing proven through periods of high market volatility. The 3-4 p.m. London window remains the most liquid trading hour globally.

11 new Cryptocurrency benchmarks

CME Group, in partnership with CF Benchmarks, has introduced Cryptocurrency Reference Rates and Real-time Indices on 11 more cryptocurrencies.

CME CF Reference Rates and Real-Time Indices

The reference rate and real-time index for each cryptocurrency is based on robust methodologies that have regular expert oversight and are designed to accelerate the professionalization of cryptocurrency trading. Cryptocurrency futures and options at CME Group are cash-settled to CME CF Reference Rates.

Several leading crypto exchanges and trading platforms provide pricing data for the CME CF pricing indices, including BitstampCoinbaseGeminiitBitKrakenLMAX Digital.


NY reference rates are only available for Bitcoin and Ether.
CME GROUP and the CME GROUP GLOBE LOGO are trademarks of Chicago Mercantile Exchange Inc. All other names, logos, and designs are the trademarks of their respective owners.

CME CF Reference Rates

  • Aggregate the trade flow of major cryptocurrencies on spot exchanges during specific calculation windows into daily reference rates of the U.S. dollar price of select cryptocurrencies.
  • Calculation rules built to maximize transparency and replicability in the underlying spot markets.
  • Designed around best practices for financial benchmarks.
  • Published at 4 p.m. London time (all CME CF Reference Rates) and 4 p.m. New York (BRRNY and ETHUSD_NY).
  • BRR and ETHUSD_RR are used to settle the associated CME futures contracts.

Available Reference Rates:

CME CF Bitcoin Reference Rate (BRR)
CME CF Ether-Dollar Reference Rate (ETHUSD_RR)
CME CF Algorand-Dollar Reference Rate (ALGOUSD_RR)
CME CF Bitcoin Cash-Dollar Reference Rate (BCHUSD_RR)
CME CF Cardano-Dollar Reference Rate (ADAUSD_RR)

CME CF Chainlink-Dollar Reference Rate (LINKUSD_RR)
CME CF Cosmos-Dollar Reference Rate (ATOMUSD_RR)
CME CF Litecoin-Dollar Reference Rate (LTCUSD_RR)
CME CF Polkadot-Dollar Reference Rate (DOTUSD_RR)
CME CF Polygon-Dollar Reference Rate (MATICUSD_RR)

CME CF Solana-Dollar Reference Rate (SOLUSD_RR)
CME CF Stellar Lumens-Dollar Reference Rate (XLMUSD_RR)
CME CF Uniswap-Dollar Reference Rate (UNIUSD_RR)
CME CF Bitcoin Reference Rate New York (BRRNY)
CME CF Ether-Dollar Reference Rate New York (ETHUSD_NY)

CME CF Real-Time Indices

  • Aggregate global demand to buy and sell cryptocurrencies into a consolidated order book and reflect the fair, instantaneous U.S. dollar price.
  • Based on forward-looking input data and designed for low latency and timeliness.
  • Suitable for marking portfolios, executing intra-day transactions and risk management.

Available Real-Time Indices:

CME CF Bitcoin Real Time Index (BRTI)
CME CF Ether-Dollar Real Time Index (ETHUSD_RTI)
CME CF Algorand-Dollar Real Time Index (ALGOUSD_RTI)
CME CF Bitcoin Cash-Dollar Real Time Index (BCHUSD_RTI)
CME CF Cardano-Dollar Real Time Index (ADAUSD_RTI)

CME CF Chainlink-Dollar Real Time Index (LINKUSD_RTI)
CME CF Cosmos-Dollar Real Time Index (ATOMUSD_RTI)
CME CF Litecoin-Dollar Real Time Index (LTCUSD_RTI)
CME CF Polkadot-Dollar Real Time Index (DOTUSD_RTI)
CME CF Polygon-Dollar Real Time Index (MATICUSD_RTI)

CME CF Solana-Dollar Real Time Index (SOLUSD_RTI)
CME CF Stellar Lumens-Dollar Real Time Index (XLMUSD_RTI)
CME CF Uniswap-Dollar Real Time Index (UNIUSD_RTI

Resources

Manage cryptocurrency exposure

Manage risk, express a view, and unlock capital efficiencies with market-leading Cryptocurrency products.

Ether futures

Efficiently manage exposure to the second largest cryptocurrency by market capitalization.

Micro Ether futures

Enjoy the same features of larger Ether futures at a fraction of the size and lower margins.

Bitcoin futures and options

Trade a view of bitcoin with the first cryptocurrency futures and options launched by CME Group.

Micro Bitcoin futures

Discover the precision and efficiency of trading bitcoin using a contract 1/10 the size of one bitcoin.

Analyze cryptocurrencies using tools

Build and refine your trading strategies with free pricing and analytical tools for CME Group Cryptocurrency products.

Learn about cryptocurrencies

Deepen your understanding of the rapidly growing cryptocurrency markets and the ways to trade them.

Contact a data expert

Connect with a member of our team or subscribe to get the latest updates on our crypto products and services.

>

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2022 CME Group Inc. All rights reserved.