# Established Assets

### Data descriptions

* **Direct price -** Calculates a price for high-liquidity pairs using real-life trades from DeFi and CeFi exchanges.
* **Synthetic price -**  Suitable when there's insufficient real-life trades to calculate a direct price. Calculates prices by routing through intermediary assets with higher liquidity *(e.g., ETH → BTC → JPY instead of  ETH → JPY)*
* **Principal market price -** Calculates a price using by determining a principal market for a trading pair and aggregating the real-life trades from that market.&#x20;

### Data details

<table data-full-width="true"><thead><tr><th>Data/channel</th><th>Historical data</th><th width="93.734375">Live?</th><th>Granularity</th><th width="148.3515625">Exchange coverage</th><th>Asset coverage</th><th width="167.9140625">Docs link</th><th>Methodology</th></tr></thead><tbody><tr><td><mark style="color:blue;"><strong>Direct price</strong></mark></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stream</td><td>No </td><td>Yes</td><td><br><strong>Publication window:</strong> <br>1s, 5s, 10s, 15s, 30s, 1m<br><br><strong>Computation window:</strong> <br>1s, 5s, 10s, 15s, 30s, 1m, 5m</td><td><a data-mention href="../../../../coverage/cefi-spot-markets">cefi-spot-markets</a><br><br><a data-mention href="../../../../coverage/defi-spot-markets">defi-spot-markets</a></td><td>All cefi spot and defi spot instruments available on covered <kbd>exchanges</kbd>.</td><td><a data-mention href="https://app.gitbook.com/s/v5MrdvtFK4Vl0U5hpSQz/analytics-solutions/kaiko-fair-market-value/established-assets/direct-price">Direct price</a></td><td><a href="https://www.kaiko.com/resources/methodologies">https://www.kaiko.com/resources/methodologies</a></td></tr><tr><td>REST API</td><td><p></p><p><br><strong>DEXs:</strong> <br>Since genesis</p><p><br><strong>CEXs:</strong><br>Since 2010</p></td><td>Yes<br>(15 minute lag on DEXs)</td><td>Time periods between 1-second and 1-day</td><td><a data-mention href="../../../../coverage/cefi-spot-markets">cefi-spot-markets</a><br><br><a data-mention href="../../../../coverage/defi-spot-markets">defi-spot-markets</a></td><td>All cefi spot and defi spot instruments available on covered <kbd>exchanges</kbd>.</td><td><a data-mention href="https://app.gitbook.com/s/ltAbhvgBfrAWlpUnC7ys/analytics-solutions/kaiko-fair-market-value/established-assets/direct-price">Direct price</a></td><td><a href="https://www.kaiko.com/resources/methodologies">https://www.kaiko.com/resources/methodologies</a></td></tr><tr><td><mark style="color:blue;"><strong>Synthetic price</strong></mark></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Stream</td><td>No </td><td>Yes</td><td><br><strong>Publication window:</strong> <br>1s, 5s, 10s, 15s, 30s, 1m<br><br><strong>Computation window:</strong> <br>1s, 5s, 10s, 15s, 30s, 1m, 5m</td><td><a data-mention href="../../../../coverage/cefi-spot-markets">cefi-spot-markets</a><br><br><a data-mention href="../../../../coverage/defi-spot-markets">defi-spot-markets</a></td><td>All cefi spot and defi spot instruments available on covered <kbd>exchanges</kbd>.</td><td><a data-mention href="https://app.gitbook.com/s/v5MrdvtFK4Vl0U5hpSQz/analytics-solutions/kaiko-fair-market-value/established-assets/synthetic-price">Synthetic price</a></td><td><a href="https://www.kaiko.com/resources/methodologies">https://www.kaiko.com/resources/methodologies</a></td></tr><tr><td>REST API</td><td><p><strong>DEXs:</strong> <br>Since genesis</p><p><br><strong>CEXs:</strong><br>Since 2010</p></td><td>Yes<br>(15 minute lag on DEXs)</td><td>Time periods between 1-second and 1-day</td><td><a data-mention href="../../../../coverage/cefi-spot-markets">cefi-spot-markets</a><br><br><a data-mention href="../../../../coverage/defi-spot-markets">defi-spot-markets</a></td><td>All cefi spot and defi spot instruments available on covered <kbd>exchanges</kbd>.</td><td><a data-mention href="https://app.gitbook.com/s/ltAbhvgBfrAWlpUnC7ys/analytics-solutions/kaiko-fair-market-value/established-assets/synthetic-price">Synthetic price</a></td><td><a href="https://www.kaiko.com/resources/methodologies">https://www.kaiko.com/resources/methodologies</a></td></tr><tr><td><mark style="color:blue;"><strong>Principal market price</strong></mark></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td></td><td>Since July 2025</td><td>Yes</td><td>Single point in time only </td><td>Top 20 ranked exchanges from <a href="https://www.kaiko.com/indices/exchange-ranking">Kaiko Exchange Ranking</a>, filtered by those offering USD spot pairs.</td><td>All USD spot pairs on covered exchanges.</td><td><a data-mention href="https://app.gitbook.com/s/ltAbhvgBfrAWlpUnC7ys/analytics-solutions/kaiko-fair-market-value/established-assets/principal-market-price">Principal market price</a></td><td>-</td></tr></tbody></table>
