How does Celsius Network calculate its AUM?

Can you explain in detail how Celsius Network calculates its Assets Under Management (AUM)?

3 answers
- Celsius Network calculates its AUM by summing up the total value of all the assets held by its users on the platform. This includes cryptocurrencies, stablecoins, and other digital assets. The value of each asset is determined based on real-time market prices. Celsius Network also takes into account any interest earned by users on their holdings. By calculating the total value of all assets and interest earned, Celsius Network arrives at its AUM figure.
Mar 17, 2022 · 3 years ago
- To calculate its AUM, Celsius Network uses a combination of blockchain data and internal records. The platform tracks the balances of all user accounts and calculates the total value of assets held. This information is then used to determine the AUM figure. Celsius Network ensures accuracy and transparency by regularly auditing its records and reconciling them with blockchain data.
Mar 17, 2022 · 3 years ago
- Celsius Network, a leading cryptocurrency lending platform, calculates its AUM by aggregating the value of all the assets held by its users. This includes cryptocurrencies like Bitcoin, Ethereum, and others, as well as stablecoins like USDT and USDC. The platform uses real-time market data to determine the value of each asset. Celsius Network's AUM is constantly changing as users deposit, withdraw, and earn interest on their holdings. It's important to note that Celsius Network's AUM does not include assets held by the platform itself, but only those held by users on the platform.
Mar 17, 2022 · 3 years ago
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