Glossary
Index Price
An index price combines price data from selected markets to provide a reference value for contracts, risk checks, or settlement logic.
Plain-English meaning
Index Price is used here to describe composite reference from spot markets. In the daily board, the word is grouped by the role it performs rather than by spelling or market popularity.
You may encounter it in a product interface, technical document, risk report, policy paper, or market dashboard. The term is included for recognition and comparison, not as a product recommendation.
Why it belongs with Perp Market Structure
These terms explain how perpetual futures venues reference prices, track positioning, and manage losses at the market level.
When solving the puzzle, compare the job this term performs with nearby cards. A correct group usually shares a function, risk type, workflow, or market structure rather than simply sharing similar wording.
Where you might see it
You might encounter this term while reading educational explainers, product documentation, risk disclosures, market dashboards, or beginner guides. Always separate vocabulary learning from financial decision-making.