CME Adds Ethena (ENA) Benchmark Reference Rates

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On August 25 (UTC+8), CME Group added Ethena (ENA) benchmark reference rates, including ENAUSD_NY, ENAUSD_AP, and ENAUSD_RTI. These rates represent equally weighted averages of volume-weighted median prices over one-hour intervals. CME CF benchmarks monitor major exchanges to provide transparent daily reference prices for risk management. Funding rates and interest rates are critical factors in derivative pricing, and the new rates now cover Bitcoin, Ethereum, Solana, and dozens of other cryptocurrencies.

ME News reports that, as of August 25 (UTC+8), according to an update on the CME Group website, the CME CF Cryptocurrency Benchmarks have added the Ethena USD Reference Rate (ENAUSD_RR), the New York USD Reference Rate (ENAUSD_NY), the Asia-Pacific USD Reference Rate (ENAUSD_AP), and the Ethena USD Real-Time Index (ENAUSD_RTI). The CME CF Benchmarks provide transparent, replicable daily reference prices (in USD or EUR) by aggregating trading flows from major cryptocurrency exchanges, used for risk management and trading. The reference rates are calculated as an equally weighted average of volume-weighted median prices within a specified one-hour window. The benchmarks currently cover dozens of cryptocurrencies, including Bitcoin, Ethereum, and Solana. (Source: Foresight News)

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