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DGAI perp index risk

Each exchange prices DGAI perp liquidations from a mark price built on an index: a weighted basket of spot prices. This page shows each index's composition and an estimate of how much resting spot liquidity backs it.

Source: exchange public APIsIndex constituents hourly, depth every 5 min, UTCModel static-book v1As of 13:57 UTC

Index depth is a static-book estimate for the index, not the mark. Static-book estimates from public exchange data. Not a real cost to move any price, not a mark-price forecast, and not trading advice. Methodology and limitations · Constituent changes · All perps

Indexes: Bitget DGAIUSDT · Bybit DGAIUSDT · OKX DGAI-USDT-SWAP

Bitget DGAIUSDT index

index DGAIUSDT · constituents 2026-10-01 13:34Z

Composition and constituent price vs index median (observed)

ConstituentPairType WeightPrice vs median Guard
BitgetDGAI/USDTspot 20.0%0.92 +0.10%
GateDGAI/USDTspot 20.0%0.91846 -0.07%
KrakenDGAI/USDspot 20.0%0.917617 -0.16%
KuCoinDGAI/USDTspot 20.0%0.91951 +0.04%
MEXCDGAI/USDTspot 20.0%0.9191 +0.00%

Prices as published by Bitget with the composition (2026-10-01 13:34Z). Widest constituent spread 0.26%. Guard: Bitget drops a source more than 5% from the median (exchange doc, rule set bitget-usdtm-2025-10-13). Modelled index from these prices: 0.918937.

Mark and index

Observed mark 0.916700, last price 0.916700 (2026-10-01 13:55Z). Observed mark vs modelled index: -0.24% (snapshot times differ; index from the constituent snapshot). No modelled mark move is shown for this perp.

Index depth and est. liquidation exposure

No static-book estimate for this perp yet: index depth is only estimated for perps whose spot books are sampled.

Bybit DGAIUSDT index

index DGAIUSDT · constituents 2026-10-01 13:34Z · coverage Ok

Composition and constituent price vs index median (observed)

ConstituentPairType WeightPrice vs median Guard
MEXCDGAIUSDTspot 86.0%0.9184 -0.01%
GateDGAI_USDTspot 8.8%0.9185 +0.01%
KuCoinDGAI-USDTspot 3.5%0.9194 +0.10%
KrakenDGAI/USDspot 1.7%0.9177 -0.08%

Prices as published by Bybit with the composition (2026-10-01 13:34Z). Widest constituent spread 0.19%. Guard: Bybit drops a source more than 5% from the median (exchange doc, rule set bybit-linear-2026-09-04). Modelled index from these prices: 0.918433.

Mark and index

Observed mark 0.916300, last price 0.914800 (2026-10-01 13:55Z). Observed mark vs modelled index: -0.23% (snapshot times differ; index from the constituent snapshot). No modelled mark move is shown for this perp.

Index depth and est. liquidation exposure

RangeIndex depth (est.) Depth / OI Est. liquidation exposureof which observed Exposure-to-depth ratio (est.)
+2%$25k1.8% $160k$06.5x est.
+5%$31k2.3% $260k$08.2x est.
-2%$42k3.1% $160k$03.9x est.
-5%$57k4.2% $260k$04.5x est.

Sensitivity (uncalibrated). Index depth to +5% under 0.5x $16k, 1x $31k, 2x $63k book refill. Index depth to -5% under 0.5x $28k, 1x $57k, 2x $110k book refill. The multipliers are assumptions, not fitted to observed events.

Coverage 98% of index weight modelled; held fixed: Kraken DGAI/USD. Included OI $1.4M (100% complete, exposure ok). Confidence high. Estimate 2026-10-01 13:49Z, books 2026-10-01 13:49Z, exposure 2026-10-01 13:50Z. Models: static-book v1; bybit-linear-2026-09-04; liq-in-range v1; prior hl-2026-09-27.

OKX DGAI-USDT-SWAP index

index DGAI-USDT · constituents 2026-10-01 13:23Z

Composition and constituent price vs index median (observed)

ConstituentPairType WeightPrice vs median Guard
KrakenDGAI/USDspot 33.3%0.915842 -0.39%
BitgetDGAI/USDTspot 22.2%0.92027 +0.09%
GateDGAI/USDTspot 22.2%0.91931 -0.01%
MEXCDGAI/USDTunknown 22.2%0.9195 +0.01%

Prices as published by OKX with the composition (2026-10-01 13:23Z). Widest constituent spread 0.48%. Guard: OKX caps a source more than 2% from the median (exchange doc, rule set okx-swap-2026-09-11). Modelled index from these prices: 0.91841.

Mark and index

Observed mark prices for OKX perps are not tracked here yet.

Index depth and est. liquidation exposure

No static-book estimate for this perp yet: index depth is only estimated for perps whose spot books are sampled.

Constituent divergence history, last 30 days

No constituent divergence recorded for DGAI in the last 30 days.

Index, not mark. Index depth is a static-book estimate of resting spot liquidity between the index and the stated move, after the exchange's guard. Liquidations use the mark price, which also follows the perp's own price and basis. Static-book estimates from public exchange data. Not a real cost to move any price, not a mark-price forecast, and not trading advice.

Method. Constituents and weights come from each exchange's public index API, refreshed hourly. Spot order books are sampled every 5 minutes. Sources we cannot read are held fixed, so the figure is neither an upper nor a lower bound. See how mark and index prices work and the constituent change log.

DGAI index risk FAQ

What does this page show?

For each DGAI perpetual on Binance, OKX, Bybit and Bitget: the spot sources the exchange uses for its index and their weights, how far each source's price currently sits from the median of the others (observed), the exchange's published outlier guard, and a static-book estimate of resting spot liquidity between the index and +/-2% and +/-5%.

Is index depth the amount needed to move the mark price?

No. Liquidations use the mark price, which also depends on the perp's own price and basis. Index depth is a static-book estimate for the index only: real books refill and arbitrage closes gaps, so it is neither an upper nor a lower bound on any real-world figure.

What do the coverage states mean?

OK: at least 80% of index weight comes from order books we read, books under 15 minutes old and constituents under 2 hours old. Partial: 50-80% modelled, the rest held fixed. Stale: the last estimate is older than that and is shown greyed. Insufficient: composition only, no depth or ratio.

Why is the sensitivity marked uncalibrated?

It multiplies the static-book figure by 0.5x, 1x and 2x to show how much the estimate depends on book refill. The multipliers are not fitted to observed events yet, so treat them as a range of assumptions, not a measurement.