August 5, 2025 โ Blockchain data provider Bitquery has announced the launch of its Price Index, a new service aimed at providing accurate and consistent token pricing for exchanges, portfolio trackers, DeFi applications, and other trading products.
The Bitquery Price Index calculates token prices by aggregating trade data from multiple decentralized exchanges (DEXs) and blockchains. According to the company, the methodology is designed to remove the influence of thinly traded markets and irregular transactions, producing a volumeโweighted average price that reflects the real market rate.
Addressing a critical industry challenge
Crypto markets are highly fragmented, with prices for the same asset often varying across exchanges and liquidity pools. This creates challenges for platforms that rely on accurate pricing for trade execution, asset valuation, and user trust.
By sourcing data directly from blockchain transactions and combining it across multiple markets, the Bitquery Price Index aims to provide a single, reliable reference price for each asset.
Key features include
- Aggregation of real onโchain trades from multiple DEXs and liquidity pools
- Liquidity filtering to reduce the impact of thinly traded markets
- Historical and realโtime pricing availability
- Access through developerโfriendly APIs for integration into trading systems
Bitquery says the service is suitable for trading platforms, portfolio management tools, and DeFi protocols that require accurate price data for collateral valuation, liquidation, futures trading, triggering limit orders, lending or portfolio tracking.