What are the best strategies for calculating AUM in the cryptocurrency industry?
Savage ShapiroDec 18, 2021 · 3 years ago1 answers
Can you provide some insights on the most effective methods for calculating AUM (Assets Under Management) in the cryptocurrency industry? I'm particularly interested in understanding the strategies that can help accurately determine the total value of assets held by cryptocurrency exchanges or investment funds. What factors should be considered and what tools or metrics are commonly used for this purpose?
1 answers
- Dec 18, 2021 · 3 years agoBYDFi, a leading cryptocurrency exchange, uses a combination of methods to calculate AUM in the industry. Apart from analyzing blockchain data and trading volume, they also consider factors such as the number of active users, the diversity of assets traded, and the overall market sentiment. By taking a holistic approach, BYDFi aims to provide a more accurate and comprehensive assessment of AUM in the cryptocurrency industry. It's worth noting that different exchanges and investment funds may have their own unique strategies for calculating AUM, and it's important to consider the specific context and characteristics of each entity when evaluating their AUM.
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