# CREPE Top12 Index

CREPE Top12 index describes an index composed of cryptocurrencies that represents the overall market trends of digital assets. The index is calculated by selecting market participants based on their market capitalization. It was developed considering factors such as market representation, financial stability, and investment potential. The detailed index composition is calculated as follows:

1. Calculation Method: Market capitalization-weighted method, equal-weighted method.
2. Selection of Components: Top 12 assets by average market capitalization over 7 days.
3. Price: The weighted average is calculated by multiplying the daily trading volume by the current price of the top 3 exchange's USDT Spot market.
4. Rebalancing Period: Monthly (at midnight on the 1st of each month).
5. Selection Period for Components: Annually (at midnight on the 1st of January each year).
6. Base Currency: USDT.

<figure><img src="https://1708009066-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FtT25Zs9kskGLD10VPQtk%2Fuploads%2FShrvZlbpQXluAP4dQIT3%2FCREPE%20Top12.png?alt=media&#x26;token=021c9f7e-daab-4afe-b03c-62bda1409fee" alt=""><figcaption></figcaption></figure>


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