Common comparison error
A Reference price difference does not alone prove manipulation; spread, last trade, midpoint, clock error, latency, or Benchmark price may explain it.
GlossaryMarkets & assets
Reference price
The designated quote used to set a contract condition or determine its outcome, including a source, quote side, and timestamp.
Practical use
How to verify Reference price
Read Reference price together with Crypto index price, Benchmark price, Market holiday. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
The platform rounds Reference price to four decimals but history stores five. The unrounded accepted and settlement values decide equality, not Crypto index price. The operative detail for Reference price is concrete: the designated instrument, source, quote side, precision, and timestamp determine contract comparison.
Evidence path
Where to verify Reference price
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.