The Crypto Coin Comparison Aggregated Index (“CCCAGG”) refers to the real-time index calculation methodology, the purpose of which is to show the best price estimation for cryptocurrency traders and investors to value their portfolio at any time.
CCCAGG is CryptoCompare's proprietary index calculation methodology for digital assets, based on 24-hour volume weighted average calculation, time-penalty factor and outlier methodology. It aggregates transaction data of more than 250 exchanges, using a 24hour volume weighted average. The CCCAGG is calculated for each cryptocurrency in each market it is trading in (example: CCCAGG BTC-USD).