XRP Indices

.XRPBON8H: Eight-Hour Average XRP Lending Rate

The BaseFEX .XRPBON8H Index is an 8-hour TWAP (Time-weighted average price) of the .XRPBON premium rate at BaseFEX Index from the .XRPBON Index. These values are used for funding rates and are provided 8 hours in advance.

As the .XRPBON Index is set to a constant rate, the .XRPBON8H is set to a constant rate 0.00% as well.